Our top pick for
Asta Funding, Inc is a credit services business based in the US. Asta Funding shares (ASFI) are listed on the NASDAQ and all prices are listed in US Dollars. Asta Funding employs 56 staff and has a trailing 12-month revenue of around USD$18.1 million.
|52-week range||USD$6.91 - USD$13.1|
|50-day moving average||USD$13.0813|
|200-day moving average||USD$12.3191|
|Wall St. target price||USD$8|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$0.488|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Valuing Asta Funding stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Asta Funding's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Asta Funding's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 27x. In other words, Asta Funding shares trade at around 27x recent earnings.
That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).
Asta Funding's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$6.1 million.
The EBITDA is a measure of a Asta Funding's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$18.1 million|
|Operating margin TTM||33%|
|Gross profit TTM||USD$22.8 million|
|Return on assets TTM||4.07%|
|Return on equity TTM||3.61%|
|Market capitalisation||USD$85.9 million|
TTM: trailing 12 months
There are currently 5,771 Asta Funding shares held short by investors – that's known as Asta Funding's "short interest". This figure is 42.1% up from 4,061 last month.
There are a few different ways that this level of interest in shorting Asta Funding shares can be evaluated.
Asta Funding's "short interest ratio" (SIR) is the quantity of Asta Funding shares currently shorted divided by the average quantity of Asta Funding shares traded daily (recently around 7905.4794520548). Asta Funding's SIR currently stands at 0.73. In other words for every 100,000 Asta Funding shares traded daily on the market, roughly 730 shares are currently held short.
However Asta Funding's short interest can also be evaluated against the total number of Asta Funding shares, or, against the total number of tradable Asta Funding shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Asta Funding's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Asta Funding shares in existence, roughly 0 shares are currently held short) or 0.0027% of the tradable shares (for every 100,000 tradable Asta Funding shares, roughly 3 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Asta Funding.
Find out more about how you can short Asta Funding stock.
We're not expecting Asta Funding to pay a dividend over the next 12 months.
Asta Funding's shares were split on a 2:1 basis on 24 March 2004. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Asta Funding shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Asta Funding shares which in turn could have impacted Asta Funding's share price.
Over the last 12 months, Asta Funding's shares have ranged in value from as little as $6.91 up to $13.1. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Asta Funding's is 0.7737. This would suggest that Asta Funding's shares are less volatile than average (for this exchange).
Asta Funding, Inc., together with its subsidiaries, primarily engages in the consumer receivables business in the United States, Puerto Rico, and South America. It operates through three segments: Consumer Receivables, Personal Injury Claims, and Social Security Disability Advocacy. The Consumer Receivables segment is involved in purchasing, managing, and servicing distressed consumer receivables, including judgment receivables, which are accounts where outside attorneys secure judgments directly against the consumer; charged-off receivables consisting of accounts that have been written-off by the originators and might have been previously serviced by collection agencies; and semi-performing receivables that are accounts where the debtor is currently making partial or irregular monthly payments, but the accounts might have been written-off by the originators. Its distressed consumer receivables include MasterCard, Visa, and other credit card accounts, which were charged-off by the issuers or providers for non-payment. The Personal Injury Claims segment funds personal injury settlement claims. The Social Security Disability Advocacy segment represents individuals in their claims for social security disability and supplemental security income benefits from the social security administration. Asta Funding, Inc. was founded in 1994 and is headquartered in Englewood Cliffs, New Jersey. As of September 29, 2020, Asta Funding, Inc. was taken private.
Everything we know about the CDT Environmental Technology Investment Holdings Limited IPO, plus information on how to buy in.
Everything we know about the Viant Technology Inc IPO, plus information on how to buy in.
Steps to owning and managing EVGN, with 24-hour and historical pricing before you buy.
Steps to owning and managing ETL, with 24-hour and historical pricing before you buy.
Steps to owning and managing EQBK, with 24-hour and historical pricing before you buy.
Steps to owning and managing EIGI, with 24-hour and historical pricing before you buy.
Steps to owning and managing ELTK, with 24-hour and historical pricing before you buy.
Steps to owning and managing DNKN, with 24-hour and historical pricing before you buy.
Steps to owning and managing DKL, with 24-hour and historical pricing before you buy.
Steps to owning and managing DMAC, with 24-hour and historical pricing before you buy.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.