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The closing price of Affiliated Managers Group Inc. (NYSE: AMG) was $156.77 for the day, up 0.78% from the previous closing price of $155.56. In other words, the price has increased by $0.78 from its previous closing price. On the day, 0.44 million shares were traded. AMG stock price reached its highest trading level at $159.28 during the session, while it also had its lowest trading level at $155.06.
Ratios:
Our analysis of AMG’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.19. In the meantime, Its Debt-to-Equity ratio is 0.70 whereas as Long-Term Debt/Eq ratio is at 0.70.
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 this company, TD Cowen on January 04, 2024, initiated with a Outperform rating and assigned the stock a target price of $185.
On November 28, 2022, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $149 to $192.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMG now has a Market Capitalization of 5088205824 and an Enterprise Value of 7808267776. As of this moment, Affiliated’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.70, and their Forward P/E ratio for the next fiscal year is 6.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.34 while its Price-to-Book (P/B) ratio in mrq is 1.42. Its current Enterprise Value per Revenue stands at 3.827 whereas that against EBITDA is 10.747.
Stock Price History:
Over the past 52 weeks, AMG has reached a high of $169.65, while it has fallen to a 52-week low of $120.22. The 50-Day Moving Average of the stock is -2.81%, while the 200-Day Moving Average is calculated to be 8.31%.
Shares Statistics:
AMG traded an average of 251.91K shares per day over the past three months and 370210 shares per day over the past ten days. A total of 33.20M shares are outstanding, with a floating share count of 31.82M. Insiders hold about 1.95% of the company’s shares, while institutions hold 98.19% stake in the company. Shares short for AMG as of 1713139200 were 450531 with a Short Ratio of 1.79, compared to 1710460800 on 560708. Therefore, it implies a Short% of Shares Outstanding of 450531 and a Short% of Float of 1.8099998999999998.
Dividends & Splits
With its trailing 12-month dividend rate of 0.04, AMG has a forward annual dividend rate of 0.04. Against a Trailing Annual Dividend Yield of 0.0002571355The stock’s 5-year Average Dividend Yield is 0.47.
