Amcon Distributing Stock Today
| DIT Stock | USD 160.00 1.81 1.14% |
Performance0 of 100
| Odds Of DistressLess than 6
|
AMCON Distributing is selling for under 160.00 as of the 23rd of April 2024; that is 1.14 percent up since the beginning of the trading day. The stock's last reported lowest price was 153.44. AMCON Distributing has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for AMCON Distributing are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of February 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Consumer Discretionary Distribution & Retail | IPO Date 4th of August 1995 | Category Consumer Defensive | Classification Consumer Discretionary |
AMCON Distributing Company, together with its subsidiaries, engages in the wholesale distribution of consumer products in the Central, Rocky Mountain, and Mid-South regions of the United States. AMCON Distributing Company was incorporated in 1986 and is based in Omaha, Nebraska. The company has 630.36 K outstanding shares of which 574 shares are currently shorted by investors with about 2.53 days to cover. More on AMCON Distributing
Moving together with AMCON Stock
| 0.66 | FL | Foot Locker Financial Report 17th of May 2024 | PairCorr |
Moving against AMCON Stock
| 0.78 | LE | Lands End Financial Report 6th of June 2024 | PairCorr |
| 0.75 | EDUC | Educational Development Report 9th of May 2024 | PairCorr |
| 0.67 | JD | JD Inc Adr Aggressive Push | PairCorr |
| 0.65 | EBAY | eBay Inc Financial Report 24th of April 2024 | PairCorr |
| 0.6 | AN | AutoNation Earnings Call This Week | PairCorr |
| 0.54 | DRVN | Driven Brands Holdings Financial Report 1st of May 2024 | PairCorr |
| 0.43 | DIBS | 1StdibsCom Financial Report 8th of May 2024 | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
AMCON Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. AMCON Distributing's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AMCON Distributing or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Christopher Atayan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Distributors, Consumer Discretionary Distribution & Retail, Consumer Discretionary, Natural Foods, Processed Foods, Wholesale, Consumer Discretionary, Distributors, Food Distribution, Consumer Defensive (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering AMCON Distributing report their recommendations after researching AMCON Distributing's financial statements, talking to executives and customers, or listening in on AMCON Distributing's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering AMCON Distributing. The AMCON consensus assessment is calculated by taking the average forecast from all of the analysts covering AMCON Distributing. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators obtained from AMCON Distributing's historical financial statements, AMCON Distributing may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of AMCON Distributing is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
AMCON Distributing's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to AMCON Distributing's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand AMCON Distributing's financial leverage. It provides some insight into what part of AMCON Distributing's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
AMCON Distributing (DIT) is traded on NYSE MKT Exchange in USA. It is located in 7405 Irvington Road, Omaha, NE, United States, 68122 and employs 1,276 people. AMCON Distributing is listed under Distributors category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 99.72 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AMCON Distributing's market, we take the total number of its shares issued and multiply it by AMCON Distributing's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. AMCON Distributing runs under Distributors sector within Consumer Discretionary industry. The entity has 630.36 K outstanding shares of which 574 shares are currently shorted by investors with about 2.53 days to cover.
AMCON Distributing has about 600.94 K in cash with 19.72 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.03.
Check AMCON Distributing Probability Of Bankruptcy
Ownership AllocationThe market capitalization of AMCON Distributing is currently $99.72 Million. AMCON Distributing owns majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 72.7 % of AMCON Distributing outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how profitable the entity is or how many assets it hold, if the real value is less than what market suggests, you will most likely generate negative returns and should consider selling it in the future.
Check AMCON Ownership Details
AMCON Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of AMCON Distributing jumping above the current price in 90 days from now is close to 99%. The AMCON Distributing probability density function shows the probability of AMCON Distributing stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon AMCON Distributing has a beta of -0.0693 suggesting as returns on the benchmark increase, returns on holding AMCON Distributing are expected to decrease at a much lower rate. During a bear market, however, AMCON Distributing is likely to outperform the market. Additionally, aMCON Distributing has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of AMCON Distributing to move above the current price in 90 days from now is close to 99 (This AMCON Distributing probability density function shows the probability of AMCON Stock to fall within a particular range of prices over 90 days) .
AMCON Distributing Historical Income Statement
AMCON Distributing Income Statement is one of the three primary financial statements used for reporting AMCON's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of AMCON Distributing revenue and expense. AMCON Distributing Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, AMCON Distributing's EBITDA is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 2.9 B in 2024, whereas Tax Provision is likely to drop slightly above 4 M in 2024. View More FundamentalsAMCON Stock Against Markets
Picking the right benchmark for AMCON Distributing stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in AMCON Distributing stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for AMCON Distributing is critical whether you are bullish or bearish towards AMCON Distributing at a given time. Please also check how AMCON Distributing's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in AMCON Distributing without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Latest Portfolios Now
Latest PortfoliosQuick portfolio dashboard that showcases your latest portfolios |
| All Next | Launch Module |
AMCON Distributing Corporate Directors
AMCON Distributing corporate directors refer to members of an AMCON Distributing board of directors. The board of directors generally takes responsibility for the AMCON Distributing's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of AMCON Distributing's board members must vote for the resolution. The AMCON Distributing board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Timothy Pestotnik | Lead Independent Director | Profile | |
| Raymond Bentele | Independent Director | Profile | |
| Kathleen Evans | Pres and Director | Profile | |
| Jeremy Hobbs | Independent Director | Profile |
How to buy AMCON Stock?
Before investing in AMCON Distributing, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in AMCON Distributing. To buy AMCON Distributing stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of AMCON Distributing. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase AMCON Distributing stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located AMCON Distributing stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased AMCON Distributing stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as AMCON Distributing, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy AMCON Stock please use our How to Invest in AMCON Distributing guide.
Already Invested in AMCON Distributing?
The danger of trading AMCON Distributing is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of AMCON Distributing is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than AMCON Distributing. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AMCON Distributing is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether AMCON Distributing is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if AMCON Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Amcon Distributing Stock. Highlighted below are key reports to facilitate an investment decision about Amcon Distributing Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in AMCON Distributing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy AMCON Stock please use our How to Invest in AMCON Distributing guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for AMCON Stock analysis
When running AMCON Distributing's price analysis, check to measure AMCON Distributing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AMCON Distributing is operating at the current time. Most of AMCON Distributing's value examination focuses on studying past and present price action to predict the probability of AMCON Distributing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMCON Distributing's price. Additionally, you may evaluate how the addition of AMCON Distributing to your portfolios can decrease your overall portfolio volatility.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |
Is AMCON Distributing's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AMCON Distributing. If investors know AMCON will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AMCON Distributing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Dividend Share 0.72 | Earnings Share 14.18 | Revenue Per Share 3.5 K | Quarterly Revenue Growth 0.045 |
The market value of AMCON Distributing is measured differently than its book value, which is the value of AMCON that is recorded on the company's balance sheet. Investors also form their own opinion of AMCON Distributing's value that differs from its market value or its book value, called intrinsic value, which is AMCON Distributing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AMCON Distributing's market value can be influenced by many factors that don't directly affect AMCON Distributing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AMCON Distributing's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMCON Distributing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMCON Distributing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.