Analyst Ratings for Artisan Partners Asset Management Inc. (APAM)Updated: 2017-07-28
Analysts covering Artisan Partners Asset Management Inc. (NYSE:APAM) have given it a consensus rating of Hold. A consensus rating of Hold was previously issued for APAM last month.
A buy rating was issued by 2 analysts, 0 issued an overweight rating, 5 issued a hold rating, 1 gave an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 2. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
APAM was given price targets by several analysts. The maximum price target given was 34, implying potential capital gains of 3.82 percent. The minimum price target given was 26, implying a possible loss of -20.61 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 2.63 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 6.36 percent. Meanwhile, fiscal year estimates have been revised upwards by 3.07 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 7.07 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 4 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 4 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of APAM to grow at a rate of 49.49 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of APAM is 0.42.
In the last 52-weeks, APAM has achieved a high of 33.85 and a low of 24.48. Currently the stock is 33.78 percent higher than its low, and 3.25 percent lower than its 52-week high. APAM has a price/earnings ratio of 20.66. Investors typically compare the P/E ratio to a company's peers in the industry. The APAM value stock report compares APAM to some of its peers using value stock charts. The market cap of APAM is $2.53 billion. APAM is estimated to release their earnings results for the quarter on 0000-00-00, days from today.