Assetmark Financial Holdings Stock Today

AMK Stock  USD 34.60  0.10  0.29%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
AssetMark Financial is selling for 34.60 as of the 25th of July 2024. This is a 0.29 percent increase since the beginning of the trading day. The stock's last reported lowest price was 34.6. AssetMark Financial has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat ok performance during the last 90 days. Equity ratings for AssetMark Financial Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of May 2023 and ending today, the 25th of July 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
18th of July 2019
Classification
Financials
AssetMark Financial Holdings, Inc. provides wealth management and technology solutions in the United States. AssetMark Financial Holdings, Inc. operates as a subsidiary of Huatai International Investment Holdings Limited. Assetmark Financial operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The company has 74.74 M outstanding shares of which 901.53 K shares are presently shorted by investors with about 1.98 days to cover. More on AssetMark Financial Holdings

Moving against AssetMark Stock

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Follow Valuation Options Odds of Bankruptcy
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AssetMark Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOCharles Goldman
Business ConcentrationAsset Management & Custody Banks, Financial Services, NYSE Composite, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.290.4372
Way Down
Slightly volatile
Gross Profit Margin0.290.4498
Way Down
Slightly volatile
Total Current Liabilities61.9 M75.8 M
Significantly Down
Slightly volatile
Non Current Liabilities Total317.8 M277.3 M
Fairly Up
Slightly volatile
Total Assets1.4 B1.6 B
Fairly Down
Slightly volatile
Total Current Assets167.2 M291.1 M
Way Down
Slightly volatile
Total Cash From Operating Activities107.1 M174.7 M
Way Down
Slightly volatile
Debt Levels
AssetMark Financial can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand AssetMark Financial's financial leverage. It provides some insight into what part of AssetMark Financial's total assets is financed by creditors.
Liquidity
AssetMark Financial Holdings has 119.84 M in debt with debt to equity (D/E) ratio of 0.14, which may show that the company is not taking advantage of profits from borrowing. AssetMark Financial has a current ratio of 3.28, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for AssetMark to invest in growth at high rates of return.

Net Borrowings

1.08 Million
AssetMark Financial Holdings (AMK) is traded on New York Stock Exchange in USA. It is located in 1655 Grant Street, Concord, CA, United States, 94520 and employs 1,000 people. AssetMark Financial is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.57 B. AssetMark Financial runs under Capital Markets sector within Financials industry. The entity has 74.74 M outstanding shares of which 901.53 K shares are presently shorted by investors with about 1.98 days to cover. AssetMark Financial Holdings has about 123.27 M in cash with 174.67 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.76.
Check AssetMark Financial Probability Of Bankruptcy
Ownership Allocation
AssetMark Financial Holdings shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 69.26 percent of AssetMark Financial outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event.
Check AssetMark Ownership Details

AssetMark Stock Institutional Holders

InstituionRecorded OnShares
Azora Capital Lp2024-03-31
518.5 K
Geode Capital Management, Llc2024-03-31
477.3 K
Nuveen Asset Management, Llc2024-03-31
477 K
Adage Capital Partners Gp Llc2024-03-31
473 K
Blair William & Co2024-03-31
334 K
Deutsche Bank Ag2024-03-31
304.1 K
Primecap Management Company2024-03-31
275.7 K
Sea Cliff Partners Management, Lp2024-03-31
256.2 K
Stony Point Wealth Management Inc.2024-06-30
246.9 K
Jpmorgan Chase & Co2024-03-31
2.6 M
Vanguard Group Inc2024-03-31
2.1 M
View AssetMark Financial Diagnostics

AssetMark Financial Historical Income Statement

At this time, AssetMark Financial's Non Operating Income Net Other is quite stable compared to the past year. Net Income Applicable To Common Shares is expected to rise to about 97.6 M this year, although the value of Interest Income will most likely fall to about 5.5 M. View More Fundamentals

AssetMark Stock Against Markets

AssetMark Financial Corporate Management

Yi ZhouDirectorProfile
CFA CFAChief OfficerProfile
Rohit BhagatIndependent DirectorProfile
Natalie WolfsenExecutive Vice President Chief Solutions OfficerProfile
Patricia GuinnIndependent DirectorProfile
Carrie CPACOO VPProfile
Ying SunDirectorProfile

Already Invested in AssetMark Financial Holdings?

The danger of trading AssetMark Financial Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of AssetMark Financial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than AssetMark Financial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AssetMark Financial is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Information and Resources on Investing in AssetMark Stock

When determining whether AssetMark Financial is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if AssetMark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Assetmark Financial Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Assetmark Financial Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AssetMark Financial Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AssetMark Financial. If investors know AssetMark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AssetMark Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Earnings Share
1.92
Revenue Per Share
10.105
Quarterly Revenue Growth
0.083
Return On Assets
0.0815
The market value of AssetMark Financial is measured differently than its book value, which is the value of AssetMark that is recorded on the company's balance sheet. Investors also form their own opinion of AssetMark Financial's value that differs from its market value or its book value, called intrinsic value, which is AssetMark Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AssetMark Financial's market value can be influenced by many factors that don't directly affect AssetMark Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AssetMark Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if AssetMark Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AssetMark Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.