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 most optimistic price target was 34, implying a possible profit of 3.82 percent. The most pessimistic price target was 26, implying a possible loss of -20.61 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 2.63 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 6.36 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 3.07 percent. 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. 4 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 4 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
APAM has an estimated earnings growth rate of 49.49 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. APAM has a PEG ratio of 0.42.
In the trailing 52-weeks, APAM hit 33.85 at the highest peak, while it's lowest trading point was 24.48. Today's price is 33.78 percent above the 52-week low, and below the high by 3.25 percent. 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 stock has a market capitalization of $2.53 billion. APAM is estimated to release their earnings results for the quarter on 0000-00-00, days from today.