Ameriprise Financial trades as part of the financial services sector and is in the asset management industry. The company CEO is James M. Cracchiolo. 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 2.07% with an open at 142.55 and a close of 142.54. It reached an intraday high of 144.09 and a low of 141.05.
The stock has a market cap of $19.3b with 135.4m shares outstanding, of which the float is 134.5m shares. Trading volume reached 885,431 shares compared to its average volume of 963,904 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 2.89% and in the past 30 trading days it returned 9.15%. Over three months, it changed 24.62%. In one year it has changed 2.01% and within that year its 52-week high was 153.15 and its 52-week low was 95.69. AMP stock is 48.96% above its 52 Week Low.
Our calculations show a 200 day moving average of 130.51 and a 50 day moving average of 129.92. Currently AMP stock is trading 9.22% above its 200 day moving average.
The last annual fiscal EPS for the company was reported at 14.19 that ended on 31st of December 2018, which according to the previous close, that is a PE of 10.05. Based on 2 analyst estimates, the consensus EPS for the next quarter is 3.77. The TTM EPS is 14.84, which comes to a TTM PE of 9.61. Historically, the PE high was 22.30 and the PE low was 9.00. If the stock reached its PE low, that would represent a price of 133.49, which is a decrease of -6.35%.
The dividend per share is currently 3.60, which is a dividend yield of 2.53%. 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 308.28, which means it is possibly undervalued and has a margin of safety of 53.76%
Indicators to Watch:
Based on the latest filings, there is 0.60% of insider ownership and 120.90% of institutional ownership. Short-interest is 1,886,174, which is 1.39% of shares outstanding. The short-interest ratio or days-to-cover ratio is 1.78. 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 1.93
Based on last reported financials, the company’s return on equity is 36.23%, return on assets is 1.47%, profit margin is 15.44%, price-to-sales is 1.94 and price-to-book is 3.45.
All scores are out of six:
5 :Valuation Score
6 :Past Performance Score
4 :Financial Strength Score
1 :Future Growth Score
5 :Dividend Score
4 :Overall Score