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AGF Management B NV (TSE:AGF.B)
TSX:AGF.B
RESEARCH TOOLSreports
AGF Management B NV (AGF.B) Stock Price & Analysis
54 Followers
AGF.B Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$6.30 - C$9.05
Previous CloseC$8.27
Volume32.15K
Average Volume (3M)51.85K
Market Cap
C$530.55M
Enterprise ValueC$700.94M
Total Cash (Recent Filing)C$63.93M
Total Debt (Recent Filing)C$197.90M
Price to Earnings (P/E)6.0
Beta0.76
Next Earnings
Sep 25, 2024EPS Estimate
C$0.36Last Dividend Ex-Date
Jul 04, 2024Dividend Yield5.37%
Share Statistics
EPS (TTM)1.37
Shares Outstanding64,781,366
10 Day Avg. Volume58,942
30 Day Avg. Volume51,846
Standard Deviation0.12
R-Squared0.43
Alpha0.00916
Financial Highlights & Ratios
Price to Book (P/B)0.64
Price to Sales (P/S)1.26
Price to Cash Flow (P/CF)-5.30
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$10.68Price Target Upside30.40% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Bulls Say, Bears Say
Bulls Say
AcquisitionClosed Kensington acquisition, resulting in a $6mm increase in Q2/24 adjusted SG&A.
EarningsBetter-than-expected Q2/24 AUM and the impact of modest Q2/24 share buybacks lead to slightly raised 2024E/2025E EPS estimates.
Financial PerformanceFlows improved 10% driven by an increase in gross sales during Q2.
Bears Say
Cost ControlCost control appears to remain key to earnings growth given the lack of scale.
Lack Of ScaleAGF's $43B AUM appears to lack scale in a business that increasingly demands significantly more scale, especially given fee pressures.
Net OutflowsNet outflows of $112mm, amidst continued challenging environment for the Canadian mutual fund industry.
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Options Prices
Currently, No data available
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Ownership Overview
67.87% Insiders
3.36% Mutual Funds
1.18% Other Institutional Investors
27.58% 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$6.30 and its highest was C$9.05 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 Sep 25, 2024 which is in 63 days.
How were AGF Management B NV’s earnings last quarter?
AGF Management B NV released its earnings results on Jun 26, 2024. The company reported C$0.35 earnings per share for the quarter, beating the consensus estimate of C$0.348 by C$0.002.
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$0.12 which represents an annual dividend yield of 5.37%. 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$0.36.
How many shares outstanding does AGF Management B NV have?
AGF Management B NV has 64,724,434 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$0.35 in its last earnings report, beating expectations of C$0.348. Following the earnings report the stock price went down -8.498%.
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
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
C$10.68 (30.40% Upside)
C$10.68 (30.40% Upside)
Insider Transactions
Bought Shares
Worth C$25.0K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
13.50%
12-Months-Change
Fundamentals
Return on Equity
8.21%
Trailing 12-Months
Asset Growth
17.22%
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 Month Forecast
Average Price Target
C$10.68
▲(30.40% Upside)
Technical Analysis
Brookfield Asset Management Ltd. Class A
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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
12/17 ratings generated profit
1 Year Average Return
+8.84%
reiterated a buy rating 7 days ago
Copying Graham Ryding's trades and holding each position for 1 Year would result in 70.59% of your transactions generating a profit, with an average return of +8.84% per trade.
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