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AGF Management B NV (TSE:AGF.B)
TSX:AGF.B
AGF Management B NV (AGF.B) Stock Price & Analysis
44 Followers
AGF.B Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$6.13 - C$8.93
Previous CloseC$7.84
Volume37.97K
Average Volume (3M)77.32K
Market Cap
C$504.34M
Enterprise ValueC$581.13M
Total Cash (Recent Filing)C$46.18M
Total Debt (Recent Filing)C$122.97M
Price to Earnings (P/E)5.1
Beta0.94
Next Earnings
Jun 26, 2024EPS Estimate
C$0.34Last Dividend Ex-Date
Apr 10, 2024Dividend Yield5.61%
Share Statistics
EPS (TTM)1.55
Shares Outstanding64,781,366
10 Day Avg. Volume45,780
30 Day Avg. Volume77,320
Standard Deviation0.12
R-Squared0.43
Alpha0.00808
Financial Highlights & Ratios
Price to Book (P/B)0.59
Price to Sales (P/S)1.17
Price to Cash Flow (P/CF)-4.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$10.92Price Target Upside36.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAn increase in the 2024 EPS estimate to $1.30 reflects higher than expected Q1 assets under management and a slightly lower share count.
Share RepurchaseCompany repurchased shares, demonstrating confidence in its financial position and commitment to returning value to shareholders.
Strategic AcquisitionsCompany's strategy includes acquiring stakes in other investment firms, such as the 25% stake in New Holland Capital, to build its private alternatives platform.
Bears Say
Financial PerformanceQ4/23 adjusted EBITDA of $28mm missed estimates due to lower management fees and higher SG&A expenses, signaling potential earnings weakness.
Industry ChallengesThe company's $43B AUM lacks scale in an industry that demands more, posing challenges for future growth and profitability.
Operational IssuesContinued mutual fund net outflows reflect ongoing operational challenges which may affect the company's asset growth and revenue.
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Options Prices
Currently, No data available
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Ownership Overview
68.35% Insiders
3.36% Mutual Funds
1.13% Other Institutional Investors
27.17% Public Companies and
Individual Investors
AGF.B FAQ
What was AGF Management B NV’s price range in the past 12 months?
AGF Management B NV lowest stock price was C$6.13 and its highest was C$8.93 in the past 12 months.
What is AGF Management B NV’s market cap?
Currently, no data Available
When is AGF Management B NV’s upcoming earnings report date?
AGF Management B NV’s upcoming earnings report date is Jun 26, 2024 which is in 62 days.
How were AGF Management B NV’s earnings last quarter?
AGF Management B NV released its earnings results on Apr 04, 2024. The company reported C$0.51 earnings per share for the quarter, beating the consensus estimate of C$0.308 by C$0.202.
Is AGF Management B NV overvalued?
According to Wall Street analysts AGF Management B NV’s price is currently Undervalued.
Does AGF Management B NV pay dividends?
AGF Management B NV pays a Quarterly dividend of C$0.11 which represents an annual dividend yield of 5.61%. See more information on AGF Management B NV dividends here
What is AGF Management B NV’s EPS estimate?
AGF Management B NV’s EPS estimate is C$0.34.
How many shares outstanding does AGF Management B NV have?
AGF Management B NV has 64,271,454 shares outstanding.
What happened to AGF Management B NV’s price movement after its last earnings report?
AGF Management B NV reported an EPS of C$0.51 in its last earnings report, beating expectations of C$0.308. Following the earnings report the stock price went up 2.163%.
Which hedge fund is a major shareholder of AGF Management B NV?
Currently, no hedge funds are holding shares in TSE:AGF.B
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AGF Management B NV Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
C$10.92 (36.67% Upside)
C$10.92 (36.67% Upside)
Insider Transactions
Sold Shares
Worth C$2.2M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
7.51%
12-Months-Change
Fundamentals
Return on Equity
9.35%
Trailing 12-Months
Asset Growth
6.57%
Trailing 12-Months
Company Description
AGF Management B NV
AGF Management is a Canadian-based asset manager with operations and investments in Canada, the United States, the United Kingdom, Ireland, and Asia. At the end of August 2020, the firm had CAD 37.0 billion in total assets under management. AGF Management's funds are weighted more heavily toward equities, with just under two thirds of retail AUM being equity related. That said, the company does use fundamental, quantitative and alternative strategies to manages its investment funds. AGF Management has a more meaningful portion of its business tied to institutional clients than its peers, with 32% of AUM derived from institutional and subadvised accounts. The company also derives 16% of its managed assets from high-net-worth clients.
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AGF.B Stock 12 Months Forecast
Average Price Target
C$10.92
▲(36.67% Upside)
Technical Analysis
GreenBank Capital
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Power Corp of Canada
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Intact Financial Corporation
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Guardian Cap Cl A NV
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Best Analysts Covering AGF.B
1 Year
1 Year Success Rate
10/14 ratings generated profit
1 Year Average Return
+8.27%
reiterated a buy rating 3 months ago
Copying Graham Ryding's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +8.27% per trade.
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