During the recent session, Assetmark Financial Holdings Inc (NYSE:AMK)’s traded shares were 1.36 million, with the beta value of the company hitting 1.10. At the last check today, the stock’s price was $33.98, reflecting an intraday loss of -2.64% or -$0.92. The 52-week high for the AMK share is $37.54, that puts it down -10.48 from that peak though still a striking 32.55% gain since the share price plummeted to a 52-week low of $22.92. The company’s market capitalization is $2.53B, and the average trade volume was 219.63K shares over the past three months.
Assetmark Financial Holdings Inc (NYSE:AMK) trade information
Assetmark Financial Holdings Inc (AMK) registered a -2.64% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.64% in intraday trading to $33.98, hitting a weekly high. The stock’s 5-day price performance is -1.51%, and it has moved by -3.38% in 30 days. Based on these gigs, the overall price performance for the year is 7.06%.
Assetmark Financial Holdings Inc (AMK) estimates and forecasts
Statistics show that Assetmark Financial Holdings Inc has outperformed its competitors in share price, compared to the industry in which it operates. Assetmark Financial Holdings Inc (AMK) shares have gone up 43.74% during the last six months, with a year-to-date growth rate more than the industry average at 15.22% against 7.90. In the rating firms’ projections, revenue will increase 13.00% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 146.6M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 153.07M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 132.57M and 138.46M respectively. In this case, analysts expect current quarter sales to grow by 10.60% and then jump by 10.60% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 26.19%. While earnings are projected to return 15.22% in 2024, the next five years will return 32.26% per annum.
AMK Dividends
Assetmark Financial Holdings Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
