AMP (ASX:AMP) - Stock Price, News & Analysis

AMP Stock Overview

AMP Limited operates as a wealth management company in Australia and internationally.

AMP fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Risk Analysis

Earnings are forecast to decline by an average of 1.1% per year for the next 3 years

My Notes

New

Notes are coming soon

AMP Limited Competitors

Challenger

ASX:CGF

AU$4.9b

ClearView Wealth

ASX:CVW

AU$333.8m

GQG Partners

ASX:GQG

AU$4.6b

Argo Investments

ASX:ARG

AU$7.3b

Price History & Performance

Summary of all time highs, changes and price drops for AMP
Historical stock prices
Current Share Price	AU$1.35
52 Week High	AU$1.40
52 Week Low	AU$0.87
Beta	0.74
1 Month Change	2.27%
3 Month Change	7.14%
1 Year Change	41.36%
3 Year Change	-22.64%
5 Year Change	-74.09%
Change since IPO	-94.13%

Recent updates

Shareholder Returns

	AMP	AU Diversified Financial	AU Market
7D	0.4%	-2.7%	0.8%
1Y	41.4%	18.3%	2.2%

Return vs Industry: AMP exceeded the Australian Diversified Financial industry which returned 18.3% over the past year.

Return vs Market: AMP exceeded the Australian Market which returned 2.2% over the past year.

Price Volatility

Is AMP's price volatile compared to industry and market?
AMP volatility
AMP Average Weekly Movement	3.0%
Diversified Financial Industry Average Movement	5.3%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	15.5%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: AMP is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: AMP's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1849	4,826	Alexis George	https://www.amp.com.au

AMP Limited operates as a wealth management company in Australia and internationally. It operates through Australian wealth management (AWM), AMP Bank, AMP Capital, and New Zealand wealth management segments. The AWM segment provides advice, retirement income, and managed investments products, as well as offers superannuation, retirement, and investment solutions; wealth management solutions for retail and corporate; and financial advice and equity investments services.

AMP Limited Fundamentals Summary

How do AMP's earnings and revenue compare to its market cap?
AMP fundamental statistics
Market Cap	AU$4.11b
Earnings (TTM)	-AU$260.00m
Revenue (TTM)	AU$3.11b

1.3x

P/S Ratio

-15.8x

P/E Ratio

Is AMP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
AMP income statement (TTM)
Revenue	AU$3.11b
Cost of Revenue	AU$0
Gross Profit	AU$3.11b
Other Expenses	AU$3.37b
Earnings	-AU$260.00m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Feb 16, 2023

Earnings per share (EPS)	-0.085
Gross Margin	100.00%
Net Profit Margin	-8.36%
Debt/Equity Ratio	605.0%

How did AMP perform over the long term?

See historical performance and comparison

AMP Stock Overview

Risk Analysis

AMP Limited Competitors

ASX:CGF

AU$4.9b

ASX:CVW

AU$333.8m

ASX:GQG

AU$4.6b

ASX:ARG

AU$7.3b

Price History & Performance

Recent News & Updates

AMP Limited to Report First Half, 2023 Results on Aug 10, 2023

AMP Limited to Report Fiscal Year 2022 Results on Feb 16, 2023

AMP Limited Announces Chief Financial Officer Changes

AMP Reportedly in Box Seat with Westpac Wealth Unit Offer

AMP Limited Announces Resignation of Michael Hirst as Director

AMP Limited Declares Quarterly Dividend for the Period Ending September 15, 2022, Payable on September 16, 2022

Recent updates

AMP Limited to Report First Half, 2023 Results on Aug 10, 2023

AMP Limited to Report Fiscal Year 2022 Results on Feb 16, 2023

AMP Limited Announces Chief Financial Officer Changes

AMP Reportedly in Box Seat with Westpac Wealth Unit Offer

AMP Limited Announces Resignation of Michael Hirst as Director

AMP Limited Declares Quarterly Dividend for the Period Ending September 15, 2022, Payable on September 16, 2022

Amp Limited Sponsored ADR to Be Deleted from Other OTC

Macquarie Reportedly Out of Westpac Race

Resolution Life Group Holdings LP completed the acquisition of remaining 19.13% stake in Resolution Life NOHC Pty Limited (RLA) from AMP Limited (ASX:AMP) for approximately AUD 520 million.

AMP Limited Appoints Andrew Best as an Independent, Non-Executive Director, Effective 1 July 2022

Amp Limited Estimates Ordinary Distribution of CAP NOTE 3-BBSW+4.50% PERP NON-CUM RED T-12-25 for the Quarter Ending September 15, 2022, Payable September 16, 2022

Amp Limited Announces Ordinary Distribution of Cap Note 3-Bbsw+4.50% Perp Non-Cum Red T-12-25 for the Quarter Ending June 15,2022, Payable June 16,2022

Westpac Banking Corporation Reportedly Takes Receipt of Indicative Bids for Its Investment Platform Business

Dexus Confirms Discussions with AMP

AMP Confirms in Talks to Sell Investment Management Unit with Multiple Parties, Including Dexus

Cromwell Property Reportedly in Talks with AMP to Buy Collimate

AMP Limited Announces John O'Sullivan Steps Down from the Board, Effective April 8, 2022

Amp Limited Announces Changes to Company Secretary

AMP Limited to Report Fiscal Year 2021 Results on Mar 08, 2022

Blackstone Reportedly Looks At AMP Capital

John O'Sullivan Announces Not to Stand for Re-Election to the Board of AMP Limited and AMP Bank

AMP Confirms Sole Listing on ASX

AMP Announces Delisting from the NZX Main Board

Westpac Banking Corporation (ASX:WBC) agreed to acquire MoneyBrilliant Pty Ltd from AMP Limited (ASX:AMP) and Peter Lalor.

Consensus forecasts updated

Consensus forecasts updated

Price target decreased to AU$1.21

Independent & Non-Executive Chairman recently bought AU$60k worth of stock

First half 2021 earnings released: EPS AU$0.043 (vs AU$0.023 in 1H 2020)

Consensus forecasts updated

Consensus forecasts updated

Consensus forecasts updated

Chief Investment Officer Debbie Alliston has left the company

CEO, MD & Executive Director Francesco De Ferrari has left the company

Independent & Non-Executive Chairman recently bought AU$100k worth of stock

Independent Non-Executive Director recently bought AU$65k worth of stock

Price target decreased to AU$1.43

BlackRock Reportedly Eyes AMP Equities

Amp Limited Resolves Not to Declare a Final Full Year Dividend

ARES Intends to Buy 60% of Amp's Asset Management Arm's Private Markets Business

AMP Limited and Ares Management Corporation Announce Intention to Pursue JV Partnership

Ares Management Abandons Bid for AMP Limited

Ares Management Corporation (NYSE:ARES) cancelled the acquisition of AMP Limited (ASX:AMP).

Have Insiders Been Buying AMP Limited (ASX:AMP) Shares?

New 90-day low: AU$1.47

AMP Limited, Annual General Meeting, Apr 30, 2021

Could The AMP Limited (ASX:AMP) Ownership Structure Tell Us Something Useful?

New 90-day high: AU$1.77

Reflecting on AMP's (ASX:AMP) Share Price Returns Over The Last Five Years

AMP Limited Appoints Kathryn Mckenzie as an Independent, Non-Executive Director, Effective 18 November 2020

Ares Reportedly in AMP Buyout Talks

New 90-day low: AU$1.30

Vicinity Reportedly Added to Suitors for AMP Property Units

New 90-day low: AU$1.36

Earnings released

AMP Limited (ASX:AMP) entered into an binding agreement to acquire remaining 15% stake in AMP Capital Holdings Limited from Mitsubishi UFJ Trust and Banking Corporation for AUD 460 million.

Have Insiders Been Buying AMP Limited (ASX:AMP) Shares?

AMP Limited(ASX:AMP) dropped from S&P/ASX 50 Index

Shareholder Returns

Price Volatility