AssetCo (ASTO) Share Price, News & Analysis

Company Overview

AssetCo is primarily involved in acquiring, managing and operating asset and wealth management activities and interests, together with other related services. The strategy principally focuses on making strategic acquisitions and building organic activities in areas of the asset and wealth management sector where structural shifts have the potential to deliver exceptional growth opportunities. This could include strategic acquisitions of undervalued asset and wealth management businesses which have core capabilities that play to these structural shifts, and where active management can unlock value. The global asset and wealth management sector is estimated to have around $110 trillion in AUM. While the industry has seen material growth in AUM in recent decades, supported by rising financial markets, global macroeconomic growth and an increasing population of savers, it is also having to contend with significant structural shifts. These structural shifts include: -a lower return environment for investments due to interest rate dynamics; -shifts to more passive investment products in traditional public markets and to private markets asset classes that can offer diversification and potentially higher returns; -a reorientation from institutional to individual investors, as individuals have to take more responsibility for their financial future; -a continuing drive by investors and regulators for lower fees and to ensure “value for money”; -increasing regulation and the cost thereof; an increasing use of technology and a drive for digitalisation, particularly in consumer-facing segments; -a greater focus on environmental, social and governance aspects and the nature of underlying investments; and -an ongoing and increasing polarisation of the industry, including a consolidation among larger and medium-sized asset managers, driven by economies of scale, and the growth of smaller boutiques in specialist asset classes.

Key Stats

• Today's Range: 35.75 to 37
• 50-Day Range: 30.10 to 36.98
• 52-Week Range: 28 to 39
• Volume: 2.29 million shs
• Average Volume: 723,164 shs
• Market Capitalization: £52.92 million
• P/E Ratio: N/A
• Dividend Yield: 2.72%
• Price Target: GBX 40
• Consensus Rating: Hold

ASTO Stock Analysis - Frequently Asked Questions

How have ASTO shares performed this year?

AssetCo's stock was trading at GBX 29.70 on January 1st, 2025. Since then, ASTO stock has increased by 23.9% and is now trading at GBX 36.80.
View the best growth stocks for 2025 here.

How were AssetCo's earnings last quarter?

AssetCo plc (LON:ASTO) announced its quarterly earnings data on Thursday, March, 6th. The company reported ($1.48) EPS for the quarter. AssetCo had a negative net margin of 37.31% and a negative trailing twelve-month return on equity of 9.57%.

How do I buy shares of AssetCo?

Shares of ASTO stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What other stocks do shareholders of AssetCo own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AssetCo investors own include Breedon Group (BREE), AutoZone (AZO), Intel (INTC), TJX Companies (TJX), WPP (WPP), Abacus Health Products (ABAHF) and Avino Silver & Gold Mines (ASM).

Company Calendar

• Last Earnings: 3/06/2025
• Today: 4/03/2025

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: N/A
• Current Symbol: LON:ASTO
• CIK: N/A
• Web: www.assetco.com
• Phone: N/A
• Fax: N/A
• Employees: 125
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 40
• High Stock Price Target: GBX 40
• Low Stock Price Target: GBX 40
• Potential Upside/Downside: +8.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX (2.91)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 0.21
• P/E Growth: N/A
• Net Income: £-4,226,919.30
• Net Margins: -37.31%
• Pretax Margin: N/A
• Return on Equity: -9.57%
• Return on Assets: -5.01%

Debt

• Debt-to-Equity Ratio: 2.31
• Current Ratio: 2.76
• Quick Ratio: 3.56

Sales & Book Value

• Annual Sales: £11.33 million
• Price / Sales: 4.67
• Cash Flow: GBX 10.22 per share
• Price / Cash Flow: 3.60
• Book Value: GBX 30.24 per share
• Price / Book: 1.22

Miscellaneous

• Outstanding Shares: 143,805,241
• Free Float: N/A
• Market Cap: £52.92 million
• Optionable: Not Optionable
• Beta: 0.47