(AXR) AMREP - Ratings and Ratios

AMREP Corporation (NYSE:AXR) is a diversified company with a focus on real estate development and homebuilding in the United States. Established in 1961, the company operates through two primary segments: Land Development and Homebuilding. The Land Development segment involves the acquisition, planning, and development of land, which is subsequently sold to homebuilders, commercial developers, and industrial property developers. This segment also provides a range of services, including land planning, obtaining governmental and environmental approvals, installing utilities and storm drains, ensuring water service availability, building and improving roads, and constructing community amenities such as parks and recreational facilities. Additionally, the company offers landscaping services to homebuilders, enhancing the aesthetic appeal of developed properties.

In the Homebuilding segment, AMREP Corporation constructs and sells single-family detached homes and attached homes, primarily in suburban and urban areas. The company focuses on creating communities that offer a mix of residential options, catering to a diverse range of buyers. AMREPs operations are supported by its extensive experience in land development, which allows the company to leverage its expertise in site planning and regulatory approvals to efficiently deliver homes to market. The companys headquarters in Havertown, Pennsylvania, serves as the base for its operations across key markets in the United States.

AMREP Corporation has a market capitalization of $135.36 million, with a trailing P/E ratio of 11.13 and a price-to-book ratio of 1.08, indicating a moderate valuation relative to its book value. The companys return on equity (RoE) stands at 9.87%, reflecting its ability to generate profits from shareholders equity. The stock, traded on the NYSE under the ticker symbol AXR, has a 20-day average volume of 14,782 shares, with a last price of $22.46. The stocks technical indicators show a 20-day SMA of $28.00, 50-day SMA of $29.60, and a 200-day SMA of $26.82, with an ATR of 1.37, indicating moderate volatility.

Looking ahead, AMREP Corporations stock is expected to experience a period of consolidation in the next three months, influenced by the current technical and fundamental landscape. Based on the and , the stock may face resistance near the $28.00 level, as indicated by the 20-day SMA. The 50-day SMA at $29.60 and the 200-day SMA at $26.82 suggest that the stock is in a downward trend, with potential support at the 200-day SMA level. The ATR of 1.37 indicates that the stock is likely to experience moderate price swings, with an average daily range of approximately $1.37. The forward P/E ratio of 0.00 suggests that the market is not pricing in significant earnings growth in the near term, which could weigh on the stocks performance. However, the companys RoE of 9.87% and P/B ratio of 1.08 indicate that it is generating profits and is reasonably valued relative to its book value, which could attract value investors. Overall, the stock is expected to trade within a narrow range, with potential downside risks if the broader market or sector experiences weakness.