This company has been acquired
AssetMark Financial Holdings (AMK) Stock Overview
Provides wealth management platform in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
AMK Community Fair Values
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AssetMark Financial Holdings, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$35.24 |
| 52 Week High | US$37.54 |
| 52 Week Low | US$22.92 |
| Beta | 1.1 |
| 1 Month Change | 1.85% |
| 3 Month Change | 2.80% |
| 1 Year Change | 24.92% |
| 3 Year Change | 40.29% |
| 5 Year Change | 28.19% |
| Change since IPO | 30.33% |
Recent News & Updates
Recent updates
The Price Is Right For AssetMark Financial Holdings, Inc. (NYSE:AMK)
Jan 23
Should You Be Adding AssetMark Financial Holdings (NYSE:AMK) To Your Watchlist Today?
Dec 08AssetMark Is Primed For Investment In Growth And Efficiency (Upgrade)
Nov 10Here's Why We Think AssetMark Financial Holdings (NYSE:AMK) Is Well Worth Watching
Sep 08AssetMark Sees Asset Inflow Improvement But Leading Indicators Are Cloudy
Jul 28Here's Why AssetMark Financial Holdings (NYSE:AMK) Has Caught The Eye Of Investors
Jun 08Should You Be Adding AssetMark Financial Holdings (NYSE:AMK) To Your Watchlist Today?
Feb 28AssetMark Financial Holdings: Increasing Assets Under Management, A Stock To Buy
Feb 21AssetMark Financial's platform assets rise 5.2% in November vs. October
Dec 13AssetMark Financial platform assets dip 5.9% in September, net flows drop 62.3%
Oct 10AssetMark Financial platform assets rose over 5% in July, net flows slid
Aug 10AssetMark Non-GAAP EPS of $0.44 beats by $0.03, revenue of $151.2M beats by $43.74M
Aug 03AssetMark Financial platform assets dip to $82.1B in June
Jul 11Reflecting on AssetMark Financial Holdings' (NYSE:AMK) Share Price Returns Over The Last Year
Feb 27Shareholder Returns
| AMK | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 0.5% | 2.3% | 2.0% |
| 1Y | 24.9% | 19.2% | 17.9% |
Return vs Industry: AMK underperformed the US Capital Markets industry which returned 30.3% over the past year.
Return vs Market: AMK exceeded the US Market which returned 21.1% over the past year.
Price Volatility
| AMK volatility | |
|---|---|
| AMK Average Weekly Movement | 0.6% |
| Capital Markets Industry Average Movement | 3.6% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in US Market | 17.4% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: AMK has not had significant price volatility in the past 3 months.
Volatility Over Time: AMK's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | 990 | H. Kim | www.assetmark.com |
AssetMark Financial Holdings, Inc., together with its subsidiaries, provides wealth management platform in the United States. It offers an open-architecture product platform, as well as client advice, asset allocation options, practice management, support services, and technology solutions to the financial adviser channel. The company also provides flexible technology platform for advisers for accessing a range of automated tools and capabilities, including new account opening, portfolio construction, streamlined financial planning, customer billing, investor reporting, progress-to-goal analysis, and client activity tracking; adviser services; curated investment platform; and integrated financial planning tools.
AssetMark Financial Holdings, Inc. Fundamentals Summary
| AMK fundamental statistics | |
|---|---|
| Market cap | US$2.64b |
| Earnings (TTM) | US$143.30m |
| Revenue (TTM) | US$751.44m |
Is AMK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AMK income statement (TTM) | |
|---|---|
| Revenue | US$751.44m |
| Cost of Revenue | US$370.07m |
| Gross Profit | US$381.37m |
| Other Expenses | US$238.07m |
| Earnings | US$143.30m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.91 |
| Gross Margin | 50.75% |
| Net Profit Margin | 19.07% |
| Debt/Equity Ratio | 0% |
How did AMK perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/09/05 19:35 |
| End of Day Share Price | 2024/09/05 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
AssetMark Financial Holdings, Inc. is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Fotheringham | BMO Capital Markets Equity Research |
| Alexander Blostein | Goldman Sachs |
| Daniel Fannon | Jefferies LLC |