AMERISAFE (AMSF) Stock: A Good Buy?

AMSF, which stands for AMERISAFE, Inc., is a publicly traded company that could be an exciting option for investors at the moment. This is due to the fact that this security, which is part of the Insurance - Accident and Health sector, is seeing strong earnings estimate revision activity and is placing itself in excellent company from the perspective of Zacks Industry Rank.

This is significant because, in many cases, a rising tide will lift all boats in an industry. This is because there may be widespread trends occurring in a particular sector that are boosting equities across the board. 

 According to Zacks, this is taking place in the Insurance - Accident and Health field, which currently has a Zacks Industry Rank of 2 out of more than 250 industries. This indicates that it is well-positioned from this standpoint, particularly when compared to other segments that are now available.

On the other hand, AMERISAFE is actually looking fairly nice on its own as well. Over the course of the past month, the company has experienced a significant amount of activity in the revision of earnings estimates, which indicates that analysts are growing somewhat more optimistic about the company's prospects in both the short term and the long term.

In point of fact, during the course of the past month, the current quarter expectations have increased from 62 cents per share to 66 cents per share, and the current year estimates have increased from $2.30 per share to $2.48 per share

 As a result of this, AMSF has been able to achieve a Zacks Rank of #1 (Strong Buy), which further demonstrates the robust position that the firm holds. You are able to view the whole list of stocks that currently hold the Zacks #1 Rank here.

AMERISAFE is a good option to take into consideration if you are seeking for a decent pick in a robust business.

In addition to the fact that its industry is currently ranked in the top third, it has also been experiencing significant adjustments to its estimates as of late, which indicates that it may be a very interesting option for investors who are looking to establish a name in this fantastic industry area.