Great Ajax Stock Target Price and Analyst Consensus

AJX Stock  USD 3.47  0.07  2.06%   
The current analyst and expert consensus on Great Ajax is Buy, with only one strong buy opinion. The current projected Great Ajax target price consensus is 9.67 with 2 analyst opinions. The most common way Great Ajax Corp analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Great Ajax executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Great Ajax. We encourage you to use your own analysis of Great Ajax Corp to validate this buy or sell advice. Great Ajax buy-or-sell recommendation module provides average expert sentiment on the projected Great Ajax Corp target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Great Ajax to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
8.8
Highest Forecast
10.73
Target Price
9.67
Gross Profit is likely to drop to about 30.9 M in 2024. Pretax Profit Margin is likely to rise to -0.71 in 2024. At this time, Great Ajax's Total Assets are fairly stable compared to the past year. Total Stockholder Equity is likely to rise to about 356.4 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 675.7 M in 2024.
  
It's important to approach Great Ajax's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Great Ajax price targets

Great Ajax's stock target price is an estimate of its future price, usually made by analysts. Using Great Ajax's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Great Ajax's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Great Ajax's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Great Ajax Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Great Ajax is a key component of Great Ajax valuation and have some predictive power on the future returns of a Great Ajax.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Great Ajax's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.173.326.91
Details
Intrinsic
Valuation
LowRealHigh
1.324.918.50
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.070.020.11
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Great Ajax. Your research has to be compared to or analyzed against Great Ajax's peers to derive any actionable benefits. When done correctly, Great Ajax's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Great Ajax Corp.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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When determining whether Great Ajax Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Great Ajax's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Great Ajax Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Great Ajax Corp Stock:
Check out Macroaxis Advice on Great Ajax to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running Great Ajax's price analysis, check to measure Great Ajax'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 Great Ajax is operating at the current time. Most of Great Ajax's value examination focuses on studying past and present price action to predict the probability of Great Ajax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great Ajax's price. Additionally, you may evaluate how the addition of Great Ajax to your portfolios can decrease your overall portfolio volatility.
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The data published in Great Ajax's official financial statements usually reflect Great Ajax's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Great Ajax Corp. For example, before you start analyzing numbers published by Great accountants, it's critical to develop an understanding of what Great Ajax's liquidity, profitability, and earnings quality are in the context of the Mortgage Real Estate Investment Trusts (REITs) space in which it operates.
Please note, the presentation of Great Ajax's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Great Ajax's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Great Ajax's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Great Ajax Corp. Please utilize our Beneish M Score to check the likelihood of Great Ajax's management manipulating its earnings.