More about Ameriprise Financial, Inc.
Regulatory Filings for Ameriprise Financial, Inc.
Fundamentals for Ameriprise Financial, Inc.
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Fundamentals for Ameriprise Financial, Inc.
Business Operations:
Sector: Financial ServicesIndustry: Asset Management
Ameriprise Financial, Inc., together with its subsidiaries, operates as a diversified financial services company in the United States and internationally. The company offers financial planning and advice services to individual and institutional clients. It operates through Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, Corporate & Other segments. The Advice & Wealth Management segment provides financial planning and advice; brokerage products and services for retail and institutional clients; discretionary and non-discretionary investment advisory accounts; mutual funds; insurance and annuities products; cash management and banking products; and face-amount certificates. The Asset Management segment offers investment management, advice, and products to retail, high net worth, and institutional clients through third-party financial institutions, advisor network, direct retail, and its institutional sales force under the Columbia Threadneedle Investments brand name. Its products include U.S. mutual funds and their non-U.S. equivalents, exchange-traded funds, variable product funds underlying insurance, and annuity separate accounts; and institutional asset management products, such as traditional asset classes, separately managed accounts, individually managed accounts, collateralized loan obligations, hedge funds, collective funds, and property and infrastructure funds. The Retirement & Protection Solutions segment provides variable annuity products, as well as life and disability income insurance products to retail clients. Ameriprise Financial, Inc. was formerly known as American Express Financial Corporation and changed its name to Ameriprise Financial, Inc. in September 2005. The company was founded in 1894 and is based in Minneapolis, Minnesota.
Revenue projections:
AMP's projected revenue decline from last year is likely to make investors cautious. Lower revenues often hurt a company's bottom line, leading investors to be concerned about the company's ability to maintain profitability and deliver strong financial results in the future.
Financial Ratios:
| currentRatio | 2.290000 |
|---|---|
| forwardPE | 10.091988 |
| debtToEquity | 57.597000 |
| earningsGrowth | -0.011000 |
| revenueGrowth | 0.086000 |
| grossMargins | 0.561840 |
| operatingMargins | 0.353480 |
| trailingEps | 36.290000 |
| forwardEps | 46.251540 |
Ameriprise Financial, Inc.'s current ratio of 2.29 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as Ameriprise Financial, Inc. can rely on its cash reserves and current assets to cover its immediate liabilities without strain.
Ameriprise Financial, Inc.'s Forward PE ratio suggests that the stock is priced appropriately in relation to its earnings. Not being overpriced, it offers room for growth, signaling potential upside for investors looking for a stock with reasonable valuation and growth potential.
AMP's low earnings and revenue growth suggest that the company may see declining profits. This indicates potential financial challenges ahead, and could lead to a more cautious outlook from investors.
With positive gross and operating margins, AMP demonstrates strong profitability. This reflects the company's ability to manage costs and maintain healthy profits, showcasing effective operational efficiency and financial stability.
AMP's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that AMP's financial performance will improve in the current financial year.
Price projections:
AMP's price has consistently remained near the lower edge of projections, suggesting that it is not fully meeting market expectations. This could indicate a need for improved performance or strategies to boost investor confidence.
Insider Transactions:
Ameriprise Financial, Inc. saw 10 transactions in which shares were sold with market price at 521.4350006103516.No sell transactions were carried out during the period under review.More buys than sells have been occurring around the current price levels of Ameriprise Financial, Inc., potentially signaling investor optimism. This buying trend might be interpreted as a sign of a favorable outlook for the stock's future performance.
Recommendation changes over time:
With analysts showing a buy bias for AMP, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning AMP as a safe and profitable place for investors to allocate their funds and seek growth.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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