(AMSF) AMERISAFE - Ratings and Ratios

AMERISAFE, Inc. is a specialized insurance holding company that provides workers compensation insurance to employers in hazardous industries across the United States. The companys insurance products offer financial protection to employees who suffer work-related injuries or illnesses, covering expenses such as medical bills, lost wages, and death benefits. With a focus on high-risk sectors like construction, agriculture, and manufacturing, AMERISAFEs services are delivered through a network of brokers, agents, and direct sales to small and mid-sized businesses.

As a Property & Casualty Insurance provider, AMERISAFE operates in a highly competitive market, but its niche focus on workers compensation insurance for hazardous industries allows it to maintain a strong market presence. The companys headquarters is located in DeRidder, Louisiana, and it has been in operation since 1985, with a website available at https://www.amerisafe.com for investors and customers to access information.

Analyzing the companys technical data, we observe that the stock price has been trending downward, with the current price of $43.50 below its 20-day, 50-day, and 200-day simple moving averages (SMA20: $45.41, SMA50: $46.73, SMA200: $49.89). The Average True Range (ATR) indicates a relatively moderate volatility of 2.21%. Given the current price is near the 52-week low ($41.23), it may be approaching a support level, potentially signaling a buying opportunity.

From a fundamental perspective, AMERISAFEs market capitalization stands at $835.17 million, with a price-to-earnings ratio of 17.68 and a forward P/E of 22.37. The companys return on equity (RoE) is 16.75%, indicating a relatively strong profitability. Considering these metrics, a forecast for AMERISAFE could involve a potential rebound in stock price if the company continues to demonstrate solid financial performance and the overall market sentiment towards the insurance sector improves. A potential price target could be around $50-$55, based on a combination of its historical price movements and fundamental analysis. However, this forecast is contingent upon various factors, including industry trends, regulatory changes, and overall economic conditions.