Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $537.12 in the prior trading day, Ameriprise Financial Inc (NYSE: AMP) closed at $535.40, down -0.32%. In other words, the price has decreased by -$0.32 from its previous closing price. On the day, 0.57 million shares were traded.
Ratios:
Our goal is to gain a better understanding of AMP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.02. In the meantime, Its Debt-to-Equity ratio is 1.05 whereas as Long-Term Debt/Eq ratio is at 1.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on January 06, 2025, Downgraded its rating to Neutral and sets its target price to $570 from $580 previously.
On September 26, 2024, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $485 to $476.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 11 ’24 when Berman Walter Stanley sold 8,655 shares for $564.16 per share. The transaction valued at 4,882,780 led to the insider holds 6,409 shares of the business.
CRACCHIOLO JAMES M sold 8,638 shares of AMP for $4,866,966 on Nov 11 ’24. The CHAIRMAN AND CEO now owns 159,012 shares after completing the transaction at $563.44 per share. On Nov 08 ’24, another insider, Sweeney Joseph Edward, who serves as the PRES-AWM PRODUCTS & SERVICES of the company, sold 10,735 shares for $549.68 each. As a result, the insider received 5,900,823 and left with 5,811 shares of the company.
Valuation Measures:
As of this moment, Ameriprise’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.19, and their Forward P/E ratio for the next fiscal year is 12.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.89 while its Price-to-Book (P/B) ratio in mrq is 9.11.
Stock Price History:
Over the past 52 weeks, AMP has reached a high of $582.05, while it has fallen to a 52-week low of $385.56. The 50-Day Moving Average of the stock is -2.39%, while the 200-Day Moving Average is calculated to be 12.38%.
Shares Statistics:
A total of 97.01M shares are outstanding, with a floating share count of 96.73M. Insiders hold about 0.29% of the company’s shares, while institutions hold 87.06% stake in the company.
