Stock To Watch: Artisan Partners Asset Management Inc. (NYSE:APAM)


The leading market experts have placed a mean price target of $27.57 on Artisan Partners Asset Management Inc. (NYSE:APAM) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.55 a share for the upcoming quarter and $2.14 for the current fiscal. Technical View The technical analysis of Artisan Partners Asset Manageme plainly substantiates that the 50-day moving average of Artisan Partners Asset Manageme is $28.44, and stock is hovering -0.62 or -2.17% distant from $28.44. It is noted that the 200-day MA is $29.87, and Artisan Partners Asset Manageme stock is $-2.05 or -6.86% off from this point. Artisan Partners Asset Management Inc. (NYSE:APAM) 52-week high is $48.10 and the 52-week low is $23.65. This explains if the stock moves $-20.28, it will post a 52-week high. In event of $+17.63% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Artisan Partners Asset Manageme, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Artisan Partners Asset Management Inc. (NYSE:APAM) ratio came in at 18.06. The stock last ended the trading session at $27.82 and registered a market cap of $1.17B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Artisan Partners Asset Management Inc. (NYSE:APAM) PEG ratio is at 2.62.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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