Yahoo Finance Why Affiliated Managers Group (AMG) is a Top Value Stock for the Long-Term
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why Investors Should Pay Attention to This Value Stock
Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.
Affiliated Managers Group (AMG)
Headquartered in Massachusetts, Affiliated Managers Group is a global asset manager with equity investments in a large group of investment management firms or affiliates.
AMG boasts a Value Style Score of A and VGM Score of B, and holds a Zacks Rank #2 (Buy) rating. Shares of Affiliated Managers Group are trading at a forward earnings multiple of 7.3X, as well as a PEG Ratio of 0.6, a Price/Cash Flow ratio of 7X, and a Price/Sales ratio of 2.6X.
A company's earnings performance is important for value investors as well. For fiscal 2024, six analysts revised their earnings estimate higher in the last 60 days for AMG, while the Zacks Consensus Estimate has increased $0.83 to $22.03 per share. AMG also holds an average earnings surprise of 7.1%.
AMG should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.
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Affiliated Managers Group, Inc. (AMG) : Free Stock Analysis Report
