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: 31 to 32.40
• 50-Day Range: 29.12 to 35
• 52-Week Range: 28 to 39
• Volume: 1.19 million shs
• Average Volume: 682,676 shs
• Market Capitalization: £45.44 million
• P/E Ratio: N/A
• Dividend Yield: 3.16%
• Price Target: GBX 40
• Consensus Rating: Hold

AssetCo Stock Analysis - MarketRank™

AssetCo scored higher than 29% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

AssetCo has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

AssetCo has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of AssetCo is -10.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of AssetCo is -10.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

AssetCo has a P/B Ratio of 1.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ASTO.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

AssetCo pays a meaningful dividend of 2.80%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

AssetCo does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ASTO.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

1 people have searched for ASTO on MarketBeat in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, AssetCo insiders have not sold or bought any company stock.

Percentage Held by Insiders

25.78% of the stock of AssetCo is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

44.60% of the stock of AssetCo is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

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 shares have increased by 6.4% and is now trading at GBX 31.60.
View the best growth stocks for 2025 here.

How were AssetCo's earnings last quarter?

AssetCo plc (LON:ASTO) posted its quarterly earnings data on Wednesday, June, 10th. The company reported ($6.08) earnings per share 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: 6/10/2020
• Today: 2/23/2025

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: N/A
• Current Symbol: LON:ASTO
• CUSIP: N/A
• 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: +26.6%
• 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: 0.18
• 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: 4.01
• Cash Flow: GBX 8.78 per share
• Price / Cash Flow: 3.60
• Book Value: GBX 30.24 per share
• Price / Book: 1.05

Miscellaneous

• Outstanding Shares: 143,805,241
• Free Float: N/A
• Market Cap: £45.44 million
• Optionable: Not Optionable
• Beta: 0.47