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Affiliated Managers Group (AMG)
NYSE:AMG
Affiliated Managers (AMG) Stock Price & Analysis
369 Followers
AMG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$120.20 - $169.65
Previous Close$158.91
Volume258.73K
Average Volume (3M)230.79K
Market Cap
$5.16B
Enterprise Value$7.80B
Total Cash (Recent Filing)$1.27B
Total Debt (Recent Filing)$2.54B
Price to Earnings (P/E)9.1
Beta1.30
Next Earnings
Apr 29, 2024EPS Estimate
$5.23Last Dividend Ex-Date
Feb 14, 2024Dividend Yield0.03%
Share Statistics
EPS (TTM)17.34
Shares Outstanding32,794,127
10 Day Avg. Volume249,760
30 Day Avg. Volume230,791
Standard Deviation0.10
R-Squared0.45
Alpha-0.00240
Financial Highlights & Ratios
Price to Book (P/B)-7.01
Price to Sales (P/S)10.37
Price to Cash Flow (P/CF)5.20
P/FCF Ratio4.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.79
Enterprise Value/Gross Profit3.79
Enterprise Value/Ebitda6.11
Forecast
1Y Price Target
$193.40Price Target Upside22.26% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Affiliated Managers News
PremiumCompany Announcements
Affiliated Managers Group Announces Executive Leadership Changes
PremiumCompany Announcements
Affiliated Managers Group Declares Modest Quarterly Dividend
Bulls Say, Bears Say
Bulls Say
Capital Management StrategyAMG's commitment to shareholder returns is showcased by its aggressive share repurchase program, with $133M in shares bought back in the fourth quarter, emphasizing the company's confidence in its financial health.
Financial PerformanceAnalyst's recommendation reiterates an OUTPERFORM rating with a price target of $175, highlighting AMG's shares trading at a discount compared to its peers, signaling a potential buying opportunity.
Growth ProspectsAMG's strategic shift into high-growth market segments and a strong pipeline for acquisitions are set to bolster the company's organic growth, painting a promising future for investors.
Bears Say
Client ActivityNet outflows were largely driven by continued redemptions in the company's equities businesses.
EarningsRevenues in the fourth quarter decreased 6.8%, missing analyst estimates and consensus expectations.
Growth OutlookOutflows from traditional products are expected to negatively impact the company's short-term organic growth.
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Ownership Overview
4.24% Insiders
33.44% Mutual Funds
25.43% Other Institutional Investors
36.89% 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 Apr 29, 2024 which is in 10 days.
How were Affiliated Managers Group’s earnings last quarter?
Affiliated Managers Group released its earnings results on Feb 05, 2024. The company reported $6.86 earnings per share for the quarter, beating the consensus estimate of $6.035 by $0.825.
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 $5.23.
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 $6.86 in its last earnings report, beating expectations of $6.035. Following the earnings report the stock price went up 4.845%.
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:
$193.40 (22.26% Upside)
$193.40 (22.26% Upside)
Blogger Sentiment
Bullish
AMG Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 1.8M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 1.7%
Last 30 Days ▼ 1.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.50%
12-Months-Change
Fundamentals
Return on Equity
19.74%
Trailing 12-Months
Asset Growth
2.01%
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
Q4 2024
0:00 / 0:00
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AMG Stock 12 Months Forecast
Average Price Target
$193.40
▲(22.26% Upside)
Technical Analysis
Best Analysts Covering AMG
1 Year
1 Year Success Rate
18/27 ratings generated profit
1 Year Average Return
+12.33%
reiterated a buy rating 11 days ago
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