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Affiliated Managers Group (AMG)
NYSE:AMG
Affiliated Managers (AMG) Stock Price & Analysis
376 Followers
AMG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$120.20 - $169.65
Previous Close$156.77
Volume522.95K
Average Volume (3M)255.08K
Market Cap
$5.09B
Enterprise Value$7.73B
Total Cash (Recent Filing)$1.27B
Total Debt (Recent Filing)$2.54B
Price to Earnings (P/E)8.7
Beta1.30
Next Earnings
Jul 29, 2024EPS Estimate
$4.61Next Dividend Ex-Date
May 15, 2024Dividend Yield0.03%
Share Statistics
EPS (TTM)18.01
Shares Outstanding32,794,127
10 Day Avg. Volume370,222
30 Day Avg. Volume255,080
Standard Deviation0.10
R-Squared0.45
Alpha-0.00242
Financial Highlights & Ratios
Price to Book (P/B)-6.89
Price to Sales (P/S)10.15
Price to Cash Flow (P/CF)5.10
P/FCF Ratio4.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.75
Enterprise Value/Gross Profit3.75
Enterprise Value/Ebitda6.05
Forecast
1Y Price Target
$192.25Price Target Upside22.63% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Affiliated Managers News
PremiumCompany Announcements
Affiliated Managers Group Announces Executive Leadership Changes
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAMG's EPS growth is improving, supported by healthy share repurchases and a strong performance from liquid alt affiliates, which helps maintain stable organic EBITDA growth.
Investment RatingAnalysts reiterate an OUTPERFORM investment rating and a price target of $175, highlighting AMG's stock trading at a discount compared to its peers, with a promising outlook for positive EPS growth.
Strategic InitiativesAMG's strategic pivot into high-growth segments and a consistent capital return strategy underscore a strong commitment to enhancing shareholder value.
Bears Say
EarningsRevenues in the fourth quarter decreased 6.8% to $502.7 million, below analyst's estimate and the FactSet consensus.
Growth OutlookOutflows from its traditional products will continue to weigh on its near-term organic growth trajectory.
Investor SentimentNet outflows were largely driven by continued redemptions in AMG’s equities businesses.
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Ownership Overview
4.24% Insiders
33.67% Mutual Funds
29.28% Other Institutional Investors
32.81% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AMG FAQ
What was Affiliated Managers Group’s price range in the past 12 months?
Affiliated Managers Group lowest stock price was $120.20 and its highest was $169.65 in the past 12 months.
What is Affiliated Managers Group’s market cap?
Currently, no data Available
When is Affiliated Managers Group’s upcoming earnings report date?
Affiliated Managers Group’s upcoming earnings report date is Jul 29, 2024 which is in 80 days.
How were Affiliated Managers Group’s earnings last quarter?
Affiliated Managers Group released its earnings results on May 06, 2024. The company reported $5.37 earnings per share for the quarter, beating the consensus estimate of $5.229 by $0.141.
Is Affiliated Managers Group overvalued?
According to Wall Street analysts Affiliated Managers Group’s price is currently Undervalued.
Does Affiliated Managers Group pay dividends?
Affiliated Managers Group pays a Quarterly dividend of <$0.01 which represents an annual dividend yield of 0.03%. See more information on Affiliated Managers Group dividends here
What is Affiliated Managers Group’s EPS estimate?
Affiliated Managers Group’s EPS estimate is $4.61.
How many shares outstanding does Affiliated Managers Group have?
Affiliated Managers Group has 32,456,450 shares outstanding.
What happened to Affiliated Managers Group’s price movement after its last earnings report?
Affiliated Managers Group reported an EPS of $5.37 in its last earnings report, beating expectations of $5.229. Following the earnings report the stock price went down -1.946%.
Which hedge fund is a major shareholder of Affiliated Managers Group?
Among the largest hedge funds holding Affiliated Managers Group’s share is Ariel Investments LLC. It holds Affiliated Managers Group’s shares valued at 188M.
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Affiliated Managers Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$192.25 (22.63% Upside)
$192.25 (22.63% Upside)
Blogger Sentiment
Bullish
AMG Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 1.8M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.5%
Last 30 Days ▲ 24.2%
Last 30 Days ▲ 24.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
10.43%
12-Months-Change
Fundamentals
Return on Equity
20.06%
Trailing 12-Months
Asset Growth
1.45%
Trailing 12-Months
Company Description
Affiliated Managers Group
Affiliated Managers Group, Inc. is an asset management company with equity investments in a diverse group of growing, boutique investment management firms. The firm provides assistance to investment management firms in strategic matters, marketing, distribution, product development and operations. The company was founded by William J. Nutt in December 1993 and is headquartered in West Palm Beach, FL.
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AMG Company Deck
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AMG Earnings Call
Q1 2024
0:00 / 0:00
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AMG Stock 12 Month Forecast
Average Price Target
$192.25
▲(22.63% Upside)
Technical Analysis
Best Analysts Covering AMG
1 Year
1 Year Success Rate
18/28 ratings generated profit
1 Year Average Return
+10.96%
reiterated a buy rating 5 days ago
Copying Alexander Paris's trades and holding each position for 1 Year would result in 64.29% of your transactions generating a profit, with an average return of +10.96% per trade.
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