Ameriprise Financial Stock Intrinsic Value – Ameriprise Financial Stock Outperforms Market on Bullish Trading Day
December 4, 2023
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Ameriprise Financial ($NYSE:AMP) Inc. (NYSE: AMP) has seen its stock significantly outperform the market on a bullish trading day. This financial services company, which provides asset management, financial advice and planning, and insurance-based products and services, has seen its stock price exceed the market average by a wide margin. Ameriprise Financial Inc. is a leading financial services group that provides a wide range of products and services to individual and institutional clients around the world. It offers asset management, financial advice and planning, and insurance-based products and services to help clients reach their long-term financial goals.
The company’s stock has been performing well throughout the year, and it has seen especially strong performance on days when the market has been bullish. Its stock was able to significantly outpace the market’s average, and the company’s continued success bodes well for its future performance.
Market Price
On Monday, AMERIPRISE FINANCIAL Inc. stock opened at $349.9 and finished the day at $349.5, representing a 0.6% decrease from its last closing price of $351.4. AMERIPRISE FINANCIAL’s stock performance was a testament to its strength amid volatile market conditions, and investors remain confident of the company’s ability to weather future storms. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ameriprise Financial. More…
| Total Revenues | Net Income | Net Margin |
| 15.22k | 2.24k | 14.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ameriprise Financial. More…
| Operations | Investing | Financing |
| 3.76k | -11.68k | 6.25k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ameriprise Financial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 165.14k | 161.31k | 37.72 |
Key Ratios Snapshot
Some of the financial key ratios for Ameriprise Financial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.9% | – | 20.4% |
| FCF Margin | ROE | ROA |
| 23.5% | 49.2% | 1.2% |
Analysis – Ameriprise Financial Stock Intrinsic Value
At GoodWhale, we’ve been analyzing the financials of AMERIPRISE FINANCIAL and have come up with an intrinsic value of around $337.3 for its shares. This value is calculated using our proprietary Valuation Line which takes into account a range of metrics such as operating performance, financial health, and growth potential. Looking at the current share price of $349.5, it appears that the stock is being fairly priced as it is only overvalued by 3.6%. So in our opinion, this could be a good time to invest in AMERIPRISE FINANCIAL if you are looking for a stable company with strong fundamentals. More…
Peers
Ameriprise Financial Inc. is one of the largest financial services companies in the United States with tens of thousands of employees and advisors. The company offers a full range of financial services including banking, investments, insurance, and advice. Ameriprise Financial Inc. has a large network of branches and ATMs across the United States. The company’s competitors include Azimut Holding SPA, KKR & Co Inc, CI Financial Corp, and others.
– Azimut Holding SPA ($OTCPK:AZIHY)
Azimut Holding SPA is a holding company for the Azimut Group, a financial services provider. The Group offers a wide range of services, including asset management, private banking, and insurance. As of 2022, the Group had a market capitalization of 2.89 billion euros and a return on equity of 40.25%. The Group’s products and services are available in more than 20 countries worldwide.
– KKR & Co Inc ($NYSE:KKR)
KKR & Co Inc is a New York City-based global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and hedge funds. The company had a market cap of $44.73B as of 2022 and a ROE of 4.34%. KKR’s portfolio includes some of the world’s leading companies, such as First Data, Dell Technologies, and Walgreens Boots Alliance. The company has a team of over 1,600 professionals operating in 28 countries.
– CI Financial Corp ($TSX:CIX)
CI Financial Corp is a diversified wealth management company that provides financial services to clients through its subsidiaries. The company has a market cap of 2.62B as of 2022 and a ROE of 28.09%. CI Financial’s subsidiaries include CI Investments, Assante Wealth Management, and CI Private Counsel. The company’s primary operations are in Canada, but it also has a presence in the United States, Europe, and Asia.
Summary
Ameriprise Financial Inc. stock had a strong trading day, outperforming the market. Analysts attribute the success to the company’s diverse range of services offering tailored solutions for individual investors, businesses, and institutions. Ameriprise offers an array of services including financial advice, asset management, banking, estate planning, insurance, and annuities. The company’s commitment to providing innovative investment strategies has positioned it as a leader in the industry.
In addition, Ameriprise has a strong balance sheet and solid cash positioning offering investors protection and stability in uncertain markets. With a long history of delivering consistent returns, Ameriprise is well-respected among its peers and investors alike.
