Amerisafe Inc (NASDAQ:AMSF) Sentiment Increased in 2017 Q3

January 21, 2018 - By Vivian Park

 Amerisafe Inc (NASDAQ:AMSF) Sentiment  Increased in  2017 Q3

Sentiment for Amerisafe Inc (NASDAQ:AMSF)

Amerisafe Inc (NASDAQ:AMSF) institutional sentiment increased to 1.11 in Q3 2017. Its up 0.02, from 1.09 in 2017Q2. The ratio improved, as 61 funds opened new and increased equity positions, while 55 reduced and sold stock positions in Amerisafe Inc. The funds in our partner’s database now own: 18.49 million shares, down from 18.97 million shares in 2017Q2. Also, the number of funds holding Amerisafe Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 9 Reduced: 46 Increased: 47 New Position: 14.

AMERISAFE, Inc., an insurance holding company, provides workersÂ’ compensation insurance in the United States. The company has market cap of $1.19 billion. The Company’s workersÂ’ compensation insurance policies provide benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. It has a 18.45 P/E ratio. The firm serves small to mid-sized employers involved in construction, trucking, logging and lumber, manufacturing, agriculture, maritime, gas and oil, and other industries through agencies.

The stock increased 0.98% or $0.6 during the last trading session, reaching $62. About 32,067 shares traded. Amerisafe, Inc. (NASDAQ:AMSF) has declined 3.80% since January 21, 2017 and is downtrending. It has underperformed by 20.50% the S&P500.

Analysts await Amerisafe, Inc. (NASDAQ:AMSF) to report earnings on February, 28. They expect $0.83 EPS, down 20.19 % or $0.21 from last year’s $1.04 per share. AMSF’s profit will be $15.97 million for 18.67 P/E if the $0.83 EPS becomes a reality. After $0.87 actual EPS reported by Amerisafe, Inc. for the previous quarter, Wall Street now forecasts -4.60 % negative EPS growth.

Tygh Capital Management Inc. holds 1.27% of its portfolio in Amerisafe, Inc. for 108,928 shares. Smith Graham & Co. Investment Advisors Lp owns 163,819 shares or 1% of their US portfolio. Moreover, Dean Capital Management has 0.98% invested in the company for 35,932 shares. The Wisconsin-based Cortina Asset Management Llc has invested 0.74% in the stock. Granite Investment Partners Llc, a California-based fund reported 187,372 shares.#img1#

Amerisafe, Inc. (NASDAQ:AMSF) Ratings Coverage

Ratings analysis reveals 75% of Amerisafe’s analysts are positive. Out of 4 Wall Street analysts rating Amerisafe, 3 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $60 while the high is $69.0. The stock’s average target of $64.50 is 4.03% above today’s ($62) share price. AMSF was included in 4 notes of analysts from October 29, 2015. SunTrust maintained Amerisafe, Inc. (NASDAQ:AMSF) rating on Thursday, October 26. SunTrust has “Buy” rating and $69.0 target.

More notable recent Amerisafe, Inc. (NASDAQ:AMSF) news were published by: Fool.com which released: “Run for Cover! Here’s Why AMERISAFE, Inc. Shares Tumbled 13%” on April 27, 2017, also Globenewswire.com with their article: “AMERISAFE Announces 2017 Third Quarter Results” published on October 25, 2017, Zacks.com published: “Why the Earnings Streak Will Continue for Amerisafe (AMSF) December 26, 2017” on December 26, 2017. More interesting news about Amerisafe, Inc. (NASDAQ:AMSF) were released by: Globenewswire.com and their article: “AMERISAFE to Present at KBW 2017 Insurance Conference” published on August 30, 2017 as well as Seekingalpha.com‘s news article titled: “Amerisafe Is A Great Insurer Selling At An Attractive Price” with publication date: August 31, 2017.

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