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Affiliated Managers Group (AMG)
NYSE:AMG
Holding AMG?
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AMG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$145.36 - $199.52
Previous Close$182.53
Volume794.94K
Average Volume (3M)191.01K
Market Cap
$5.43B
Enterprise Value$8.32B
Total Cash (Recent Filing)$1.08B
Total Debt (Recent Filing)$2.62B
Price to Earnings (P/E)11.7
Beta0.82
Next Earnings
Feb 10, 2025EPS Estimate
$6.02Last Dividend Ex-Date
Nov 14, 2024Dividend Yield0.02%
Share Statistics
EPS (TTM)15.32
Shares Outstanding30,225,132
10 Day Avg. Volume494,297
30 Day Avg. Volume191,012
Standard Deviation0.10
R-Squared0.37
Alpha0.00377
Financial Highlights & Ratios
Price to Book (P/B)1.66
Price to Sales (P/S)2.69
Price to Cash Flow (P/CF)5.10
P/FCF Ratio5.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.12
Enterprise Value/Gross Profit7.24
Enterprise Value/Ebitda7.95
Forecast
1Y Price Target
$197.20Price Target Upside8.04% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Affiliated Managers News
PremiumCompany Announcements
Affiliated Managers Group Reports Strong Q3 2024 Results
PremiumPre-Earnings
Is AMG a Buy, Before Earnings?Bulls Say, Bears Say
Bulls Say
Assets Under ManagementAMG’s aggregate assets under management were $728.4 billion, up 14.6% year-over-year, surpassing the FactSet consensus.
Earnings GrowthEconomic EPS increased 18.1% to $4.82, benefiting from the positive impact of share repurchases.
Investment RatingMaintaining OUTPERFORM rating, shares are trading at a discount to its peer group average, indicating approximately 13% upside potential.
Bears Say
Earnings GuidanceQ4/24 earnings guidance below consensus, with expected adjusted EBITDA and economic earnings per share lower than estimates.
Earnings PerformanceQ4 earnings guidance is below consensus, with adjusted EBITDA and economic net income expected to be below estimates.
Stock PerformanceThe stock was down $16.75 (or 9%) after the earnings call.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
AMG FAQ
What was Affiliated Managers Group’s price range in the past 12 months?
Affiliated Managers Group lowest stock price was $145.36 and its highest was $199.52 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 Feb 10, 2025 which is in 51 days.
How were Affiliated Managers Group’s earnings last quarter?
Affiliated Managers Group released its earnings results on Nov 04, 2024. The company reported $4.82 earnings per share for the quarter, missing the consensus estimate of $4.84 by -$0.02.
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 $0.009 which represents an annual dividend yield of 0.02%. See more information on Affiliated Managers Group dividends here
What is Affiliated Managers Group’s EPS estimate?
Affiliated Managers Group’s EPS estimate is $6.02.
How many shares outstanding does Affiliated Managers Group have?
Affiliated Managers Group has 30,225,132 shares outstanding.
What happened to Affiliated Managers Group’s price movement after its last earnings report?
Affiliated Managers Group reported an EPS of $4.82 in its last earnings report, missing expectations of $4.84. Following the earnings report the stock price went down -8.643%.
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 258M.
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Affiliated Managers Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$197.20 (8.04% Upside)
$197.20 (8.04% Upside)
Blogger Sentiment
Bullish
AMG Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 80.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 11.5%
Last 30 Days ▼ 11.5%
Technicals
SMA
Positive
20 days / 200 days
Momentum
22.45%
12-Months-Change
Fundamentals
Return on Equity
16.02%
Trailing 12-Months
Asset Growth
-1.12%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflected a strong performance in alternative strategies and economic earnings growth, with significant capital raised and positive flows in liquid alternatives. However, the business faced challenges with net client cash outflows and a decline in performance fees. Despite these challenges, the strategic positioning and growth in new capital indicate a positive outlook.Read More>---
AMG Stock 12 Month Forecast
Average Price Target
$197.20
▲(8.04% Upside)
Technical Analysis
Best Analysts Covering AMG
1 Year
1 Year Success Rate
20/29 ratings generated profit
1 Year Average Return
+6.12%
reiterated a buy rating 2 months ago
Copying Alexander Paris's trades and holding each position for 1 Year would result in 68.97% of your transactions generating a profit, with an average return of +6.12% per trade.
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