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Here's Why Affiliated Managers Group (AMG) is a Strong Value Stock

Zacks Equity Research
·2-min read

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why Investors Should Pay Attention to This Value Stock

Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.

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Affiliated Managers Group (AMG)

Headquartered in Massachusetts, Affiliated Managers Group is a global asset manager with equity investments in a large group of investment management firms or affiliates.

AMG is a Zacks Rank #3 (Hold) stock, with a Value Style Score of A and VGM Score of A. Shares are currently trading at a forward P/E of 7X for the current fiscal year compared to the Financial - Investment Management industry's P/E of 10.4X. Additionally, AMG has a PEG Ratio of 0.7 and a Price/Cash Flow ratio of 6.3X. Value investors should also note AMG's Price/Sales ratio of 2X.

Many value investors pay close attention to a company's earnings as well. For AMG, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.08 to $18.61 per share for 2022. Per share AMG boasts an average earnings surprise of 3.8%.

AMG should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.


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Affiliated Managers Group, Inc. (AMG) : Free Stock Analysis Report
 
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Zacks Investment Research