Affiliated Managers Group Inc (NYSE:AMG) shares traded 0.47% higher at $201.45 on Wall Street last session.
AMG stock price is now 11.83% away from the 50-day moving average and 12.84% away from the 200-day moving average. The market capitalization of the company currently stands at $5.73B.
With the price target maintained at $218, Goldman recently Upgraded its rating from Neutral to Buy for Affiliated Managers Group Inc (NYSE: AMG). On January 06, 2025, Goldman Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock reducing its target price from $193 to quote $191, while ‘TD Cowen’ rates the stock as ‘Hold’
In other news, Rizwan M. Jamal, Former Officer bought 14,669 shares of the company’s stock on Mar 10 ’25. The stock was bought for $2,295,258 at an average price of $156.47. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 20 ’24, President and CEO Horgen Jay C. sold 9,300 shares of the business’s stock. A total of $1,580,349 was realized by selling the stock at an average price of $169.93. This leaves the insider owning 367,976 shares of the company worth $74.13 million. A total of 3.32% of the company’s stock is owned by insiders.
During the past 12 months, Affiliated Managers Group Inc has had a low of $139.22 and a high of $202.00. As of last week, the company has a debt-to-equity ratio of 0.82, a current ratio of 2.14, and a quick ratio of 2.14. According to the stock market information, the enterprise value for the company is $8781552640, which is based on a 15.81 price-to-earnings ratio, a 1.17 price-to-earnings-growth ratio, and a beta of 1.14. The fifty day moving average price for AMG is $180.1422 and a two-hundred day moving average price translates $178.52705 for the stock.
The latest earnings results from Affiliated Managers Group Inc (NYSE: AMG) was released for 2025-03-31. The net profit margin was 21.31% and return on equity was 12.81% for AMG. The company reported revenue of $496.6 million for the quarter, compared to $499.9 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.66 percent. For the current quarter, analysts expect AMG to generate $498.91M in revenue.
