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DIT
Stock ticker: ASE
AS OF
Dec 24 closing price
Price
$135.50
Change
-$0.50 (-0.37%)
Capitalization
115.99M

DIT stock forecast, quote, news & analysis

DIT
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
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A.I.Advisor
a Summary for DIT with price predictions
Dec 24, 2024

Aroon Indicator for DIT shows an upward move is likely

DIT's Aroon Indicator triggered a bullish signal on December 17, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 159 similar instances where the Aroon Indicator showed a similar pattern. In of the 159 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 60 cases where DIT's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

DIT moved above its 50-day moving average on December 19, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for DIT crossed bullishly above the 50-day moving average on December 05, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DIT advanced for three days, in of 217 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day RSI Indicator for DIT moved out of overbought territory on December 09, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 24 similar instances where the indicator moved out of overbought territory. In of the 24 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on December 17, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on DIT as a result. In of 116 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for DIT turned negative on December 17, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 56 similar instances when the indicator turned negative. In of the 56 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where DIT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

DIT broke above its upper Bollinger Band on December 05, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.044) is normal, around the industry mean (18.067). P/E Ratio (10.549) is within average values for comparable stocks, (62.917). DIT's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.517). DIT has a moderately low Dividend Yield (0.004) as compared to the industry average of (0.040). P/S Ratio (0.040) is also within normal values, averaging (1.519).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 70, placing this stock slightly better than average.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. DIT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

A.I.Advisor
published Dividends

DIT is expected to pay dividends on January 31, 2025

AMCON Distributing Co DIT Stock Dividends
A quarterly dividend of $0.28 per share will be paid with a record date of January 31, 2025, and an ex-dividend date of December 30, 2024. The last dividend of $0.18 was paid on November 13. Read more...
A.I.Advisor
published Highlights

Industry description

Food distributors function as intermediaries between food manufacturers and food service operators (such as chefs, restaurants, beverage managers, cafeterias, industrial caterers, hospitals and nursing homes). Food distribution companies buy, store and then supply food items to the food service operators, thereby allowing the latter to have access to a wide range of food items from various manufacturers. Sysco Corporation, US Foods Holding Corp. and Herbalife Nutrition Ltd. are some of the biggest (by market cap) U.S. companies in this segment. Most food service operators buy from local, specialty, and/or broad line food service distributors on a daily or weekly basis. With the rise in e-commerce, consumers are increasingly expecting lower prices, faster service, and higher quality – something that potentially creates the impetus on distribution networks to raise their game.

Market Cap

The average market capitalization across the Food Distributors Industry is 5B. The market cap for tickers in the group ranges from 21.55K to 40.11B. SYY holds the highest valuation in this group at 40.11B. The lowest valued company is LFER at 21.55K.

High and low price notable news

The average weekly price growth across all stocks in the Food Distributors Industry was -1%. For the same Industry, the average monthly price growth was -5%, and the average quarterly price growth was 10%. OLGPF experienced the highest price growth at 19%, while MTEX experienced the biggest fall at -12%.

Volume

The average weekly volume growth across all stocks in the Food Distributors Industry was -68%. For the same stocks of the Industry, the average monthly volume growth was -61% and the average quarterly volume growth was -55%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 47
P/E Growth Rating: 60
Price Growth Rating: 58
SMR Rating: 76
Profit Risk Rating: 69
Seasonality Score: 20 (-100 ... +100)
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DIT
Daily Signalchanged days ago
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A.I. Advisor
published General Information

General Information

a distributor of wholesale consumer products

Industry FoodDistributors

Profile
Fundamentals
Details
Industry
Wholesale Distributors
Address
7405 Irvington Road
Phone
+1 402 331-3727
Employees
1476
Web
https://www.amcon.com