Affiliated Managers Stock Fair Value – AMG to Announce Quarterly Earnings on Monday
November 8, 2023
🌥️Trending News
Affiliated Managers ($NYSE:AMG) Group (AMG) will report their quarterly earnings on Monday. The company provides its clients with a diversified array of global investment strategies across equities, fixed income, alternative investments and multi-asset solutions. AMG’s network of independent affiliate firms offer customized investment strategies that allow for unique and tailored advice.
AMG has a long-standing commitment to delivering best-in-class investment solutions through its network of independent affiliates, and it is dedicated to helping its clients achieve their financial goals. With their next earnings release coming up on Monday, investors are eagerly awaiting the results to help give insight into the future of AMG.
Earnings
AFFILIATED MANAGERS (AMG) is set to announce its quarterly earnings report for the fiscal year 2023 third-quarter ending September 30th 2021. According to its most recent earnings report, AMG earned a total revenue of 575.2M USD and a net income of 128.4M USD. This marks a 0.6% decrease in total revenue and a 14.0% increase in net income compared to the same period last year.
Over the last three years, AMG’s total revenue has dropped from 575.2M USD to 525.2M USD. Investors and analysts are looking forward to AMG’s earnings report as the company aims to improve its financial performance.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Affiliated Managers. More…
| Total Revenues | Net Income | Net Margin |
| 2.09k | 1.25k | 27.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Affiliated Managers. More…
| Operations | Investing | Financing |
| 873.7 | -109.9 | -1.4k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Affiliated Managers. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 9k | 4.11k | 99.72 |
Key Ratios Snapshot
Some of the financial key ratios for Affiliated Managers are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.1% | 9.2% | 95.4% |
| FCF Margin | ROE | ROA |
| 41.3% | 36.2% | 13.9% |
Market Price
On Monday, AFFILIATED MANAGERS (AMG) is set to announce its quarterly earnings report. The company’s stock opened at $137.6 and closed at $130.5, a 2.0% increase from the previous closing price of $128.0. This indicates that investors have a positive outlook on the quarterly earnings report that is expected to be released next Monday. It will be interesting to see how the market reacts to the news after the report is released. Live Quote…
Analysis – Affiliated Managers Stock Fair Value
GoodWhale has analyzed AFFILIATED MANAGERS‘s financials and found that the fair value of the company’s shares is around $107.1. To reach this conclusion, we have relied on our proprietary Valuation Line. Currently, AFFILIATED MANAGERS stock is traded at $130.5, which is 21.8% higher than our estimated fair value. More…
Peers
Its competitors are BlackRock Inc, CI Financial Corp, and Pinnacle Investment Management Group Ltd.
– BlackRock Inc ($NYSE:BLK)
BlackRock Inc is a publicly traded company with a market capitalization of $90.05 billion as of early 2021. The company operates as an investment management firm and has a strong focus on exchange-traded funds (ETFs). As of early 2021, BlackRock managed nearly $8 trillion in assets on behalf of its clients. The company has a return on equity (ROE) of 12.63%.
BlackRock was founded in 1988 and has grown to become one of the largest asset managers in the world. The company is headquartered in New York City and has offices in dozens of countries around the globe. BlackRock serves a wide range of clients, including institutional investors, financial advisors, and individual investors.
– CI Financial Corp ($TSX:CIX)
As of 2022, CI Financial Corp has a market cap of 2.54B and a Return on Equity of 30.25%. The company is a leading provider of financial services in Canada, with a focus on asset management and wealth management. The company has a strong track record of delivering superior performance for its clients and shareholders.
– Pinnacle Investment Management Group Ltd ($ASX:PNI)
Pinnacle Investment Management Group Ltd is a global asset management firm with over $1.67 billion in assets under management. The company offers a wide range of investment products and services to institutional and retail investors across the globe. Pinnacle is headquartered in Sydney, Australia and has offices in London, New York, Hong Kong, and Singapore.
Summary
Affiliated Managers Group (AMG) is set to release its quarterly earnings results on Monday. Analysts expect AMG to report strong growth, as the company has been steadily increasing its assets under management in recent quarters. Investors should keep an eye on AMG’s performance in Asia – the company’s main area of focus – as well as its margin trends and how its investments have performed against benchmarks.
Additionally, analysts will be looking for any potential updates on AMG’s plans to expand into Europe and other new markets. With strong fundamentals and a well-diversified portfolio of investments, AMG is likely to remain a top-performing asset manager in the coming quarters.
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