Headlines about Artisan Partners Asset Management (NYSE:APAM) have trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Artisan Partners Asset Management earned a news sentiment score of 0.24 on Accern’s scale. Accern also gave news stories about the asset manager an impact score of 45.4901932942767 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of Artisan Partners Asset Management (APAM) opened at $38.75 on Friday. The firm has a market cap of $2,940.00, a PE ratio of 20.83, a PEG ratio of 1.47 and a beta of 1.82. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 1.27. Artisan Partners Asset Management has a fifty-two week low of $26.30 and a fifty-two week high of $40.65.
Artisan Partners Asset Management (NYSE:APAM) last issued its earnings results on Tuesday, October 31st. The asset manager reported $0.65 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.02. The business had revenue of $204.60 million for the quarter, compared to the consensus estimate of $204.53 million. Artisan Partners Asset Management had a net margin of 12.58% and a return on equity of 95.09%. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.56 earnings per share. sell-side analysts expect that Artisan Partners Asset Management will post 2.42 EPS for the current year.
Several analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Artisan Partners Asset Management from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 4th. BidaskClub raised shares of Artisan Partners Asset Management from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 28th. Jefferies Group reaffirmed a “hold” rating and issued a $32.00 target price on shares of Artisan Partners Asset Management in a report on Tuesday, September 26th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $40.00 target price on shares of Artisan Partners Asset Management in a report on Friday, December 22nd. Finally, Royal Bank of Canada set a $36.00 target price on shares of Artisan Partners Asset Management and gave the company a “buy” rating in a report on Wednesday, October 18th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $34.92.
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Artisan Partners Asset Management Company Profile
Artisan Partners Asset Management Inc is an investment management company. The Company provides a range of the United States, non-United States and global investment strategies, each of which is managed by one of its investment teams. The Company provides investment management services to separate accounts, mutual funds and other pooled investment vehicles.
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