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NYSE:AMK

AssetMark Financial (AMK) Stock Price, News & Analysis

AssetMark Financial logo

About AssetMark Financial Stock (NYSE:AMK)

Key Stats

Today's Range
$35.24
$35.24
50-Day Range
$34.60
$35.27
52-Week Range
$22.92
$37.54
Volume
N/A
Average Volume
394,549 shs
Market Capitalization
$2.62 billion
P/E Ratio
18.45
Dividend Yield
N/A
Price Target
$39.00
Consensus Rating
Moderate Buy

Company Overview

AssetMark Financial Holdings, Inc., together with its subsidiaries, provides wealth management platform in the United States. It offers an open-architecture product platform, as well as client advice, asset allocation options, practice management, support services, and technology solutions to the financial adviser channel. The company also provides flexible technology platform for advisers for accessing a range of automated tools and capabilities, including new account opening, portfolio construction, streamlined financial planning, customer billing, investor reporting, progress-to-goal analysis, and client activity tracking; adviser services; curated investment platform; and integrated financial planning tools. In addition, it provides SaaS-based financial planning, wellness, and client digital engagement solutions; offers mutual funds; custodial recordkeeping services primarily to investor clients of registered investment advisers; wealth management solutions for individual investors; and overlay management, investment solutions, flexible desktop technology, and a manager marketplace. The company serves independent advisers who provide wealth management advice to the U.S. investors. AssetMark Financial Holdings, Inc. was founded in 1996 and is headquartered in Concord, California. AssetMark Financial Holdings, Inc. operates as a subsidiary of Huatai International Investment Holdings Limited.

AssetMark Financial Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
43rd Percentile Overall Score

AMK MarketRank™: 

AssetMark Financial scored higher than 43% of companies evaluated by MarketBeat, and ranked 712th out of 959 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    AssetMark Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    AssetMark Financial has received no research coverage in the past 90 days.

  • Read more about AssetMark Financial's stock forecast and price target.
  • Earnings Growth

    Earnings for AssetMark Financial are expected to grow by 5.28% in the coming year, from $2.46 to $2.59 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of AssetMark Financial is 18.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.43.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of AssetMark Financial is 18.45, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 34.33.

  • Price to Book Value per Share Ratio

    AssetMark Financial has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for AMK.
  • Dividend Yield

    AssetMark Financial does not currently pay a dividend.

  • Dividend Growth

    AssetMark Financial does not have a long track record of dividend growth.

  • Short Interest

    There is no current short interest data available for AMK.
    • Insider Buying vs. Insider Selling

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

    • Percentage Held by Insiders

      Only 2.00% of the stock of AssetMark Financial is held by insiders.

    • Percentage Held by Institutions

      Only 28.64% of the stock of AssetMark Financial is held by institutions.

    • Read more about AssetMark Financial's insider trading history.
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    AMK Stock News Headlines

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    Former State Street COO to head up asset management firm
    MORN Sep 2024 330.000 call (MORN240920C00330000)
    See More Headlines

    AMK Stock Analysis - Frequently Asked Questions

    AssetMark Financial Holdings, Inc. (NYSE:AMK) announced its earnings results on Wednesday, May, 1st. The company reported $0.60 EPS for the quarter, hitting the consensus estimate of $0.60. AssetMark Financial's revenue was up 11.7% compared to the same quarter last year.

    AssetMark Financial (AMK) raised $250 million in an IPO on Thursday, July 18th 2019. The company issued 12,500,000 shares at $19.00-$21.00 per share. J.P. Morgan, Goldman Sachs, Credit Suisse and Huatai Securities (USA) served as the underwriters for the IPO and BMO Capital Markets, Raymond James and William Blair were co-managers.

    Based on aggregate information from My MarketBeat watchlists, some other companies that AssetMark Financial investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), Arista Networks (ANET), ServiceNow (NOW) and Jabil (JBL).

    Company Calendar

    Last Earnings
    5/01/2024
    Today
    11/13/2024
    Fiscal Year End
    12/31/2024

    Industry, Sector and Symbol

    Sector
    Finance
    Industry
    Investment advice
    Sub-Industry
    Trading
    Fax
    N/A
    Employees
    870
    Year Founded
    N/A

    Price Target and Rating

    Average Stock Price Target
    $39.00
    High Stock Price Target
    $41.00
    Low Stock Price Target
    $37.00
    Potential Upside/Downside
    +10.7%
    Consensus Rating
    Moderate Buy
    Rating Score (0-4)
    2.67
    Research Coverage
    3 Analysts

    Profitability

    Net Income
    $123.12 million
    Pretax Margin
    26.28%

    Debt

    Sales & Book Value

    Annual Sales
    $751.44 million
    Cash Flow
    $2.60 per share
    Book Value
    $17.98 per share

    Miscellaneous

    Free Float
    72,912,000
    Market Cap
    $2.62 billion
    Optionable
    Optionable
    Beta
    1.10
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    This page (NYSE:AMK) was last updated on 11/13/2024 by MarketBeat.com Staff
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