Is American Resources Stock a good buy in 2024, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: AREC) stock is to Buy AREC stock.
Out of 1 analyst, 0 (0%) are recommending AREC as a Strong Buy, 1 (100%) are recommending AREC as a Buy, 0 (0%) are recommending AREC as a Hold, 0 (0%) are recommending AREC as a Sell, and 0 (0%) are recommending AREC as a Strong Sell.
What is AREC's revenue growth forecast for 2024-2024?
(NASDAQ: AREC) American Resources's forecast annual revenue growth rate of N/A is not forecast to beat the US Coking Coal industry's average forecast revenue growth rate of N/A, and while it is not forecast to beat the US market's average forecast revenue growth rate of N/A.
American Resources's revenue in 2024 is $16,744,075.
In 2024, AREC is forecast to generate $2,494,168,677 in revenue, with the lowest revenue forecast at $2,494,168,677 and the highest revenue forecast at $2,494,168,677.
What is AREC's forecast return on assets (ROA) for 2024-2024?
(NASDAQ: AREC) forecast ROA is N/A, which is lower than the forecast US Coking Coal industry average of 13.9%.
What is AREC's Price Target?
According to 1 Wall Street analyst that have issued a 1 year AREC price target, the average AREC price target is $3.25, with the highest AREC stock price forecast at $3.25 and the lowest AREC stock price forecast at $3.25.
The Wall Street analyst predicted that American Resources's share price could reach $3.25 by Nov 16, 2024. The average American Resources stock price prediction forecasts a potential upside of 128.87% from the current AREC share price of $1.42.
What is AREC's forecast return on equity (ROE) for 2024-2024?
(NASDAQ: AREC) forecast ROE is N/A, which is considered weak.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.