Ameriprise Financial is part of the asset management industry and trades as part of the financial services sector. Ameriprise Financial Inc is a diversified financial services company. It offers products and services designed to achieve the financial objectives of individual and institutional clients. It also has the largest branded advisor networks in the industry.
Previous Intraday Trading Performance:
The AMP stock showed a previous change of 0.28% with an open at 124.12 and a close of 125.57. It reached an intraday high of 125.61 and a low of 122.02.
The stock has a market cap of $17.1b with 136.3m shares outstanding, of which the float is 135.5m shares. Trading volume reached 1,165,812 shares compared to its average volume of 1,014,930 shares. Based on the current average volume and close price, the trading liquidity is good.
Historical Trading Performance:
Over the last five trading days, Ameriprise Financial shares returned -1.20% and in the past 30 trading days it returned 20.65%. Over three months, it changed 2.73%. In one year it has changed -27.41% and within that year its 52-week high was 163.88 and its 52-week low was 95.69. AMP stock is 31.23% above its 52 Week Low.
Our calculations show a 200 day moving average of 133.09 and a 50 day moving average of 116.64. Currently AMP stock is trading -5.65% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.
The last annual fiscal EPS for the company was reported at 14.84 that ended on 31st of December 2018, which according to the previous close, that is a PE of 8.84. Based on 2 analyst estimates, the consensus EPS for the next quarter is 3.68. The TTM EPS is 14.84, which comes to a TTM PE of 8.46. Historically, the PE high was 22.30 and the PE low was 8.46. AMP stock has set a new PE low record!
The following are the last four quarter reported earnings per share:
The dividend per share is currently 3.60, which is a dividend yield of 2.87%. Also, the payout ratio is 24.26%, therefore the dividend is safe according to our calculations.
Base on our calculations, the intrinsic value per share is 245.38, which means it is possibly undervalued and has a margin of safety of 48.83%
Indicators to Watch:
Based on the latest filings, there is 123.10% of institutional ownership. Short-interest is 1,957,926, which is 1.44% of shares outstanding. The short-interest ratio or days-to-cover ratio is 1.75. This stock has some short interest, but it may be normal and no cause for concern if long the position.
The current calculated beta is 1.92
Based on last reported financials, the company’s return on equity is 37.04%, return on assets is 1.51%, profit margin is 16.20%, price-to-sales is 1.32 and price-to-book is 3.06.
All scores are out of six:
5 :Valuation Score
4 :Past Performance Score
4 :Financial Strength Score
1 :Future Growth Score
5 :Dividend Score
3 :Overall Score