Long-Time Horizon Analysis of Ameriprise Financial Inc (AMP) Stock

Ameriprise Financial Inc [AMP] stock is trading at $567.43, up 10.41%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AMP shares have gain 10.39% over the last week, with a monthly amount glided 17.30%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Ameriprise Financial Inc [NYSE: AMP] stock has seen the most recent analyst activity on September 26, 2024, when Goldman downgraded its rating to a Neutral and also revised its price target to $476 from $485. On January 04, 2024, downgrade downgraded it’s rating to In-line and revised its price target to $400 on the stock. Goldman upgraded its rating to a Buy and increased its price target to $452 on January 03, 2024. Keefe Bruyette downgraded its rating to Mkt Perform for this stock on December 19, 2022, but kept the price target unchanged to $325. In a note dated September 07, 2022, BofA Securities initiated an Buy rating and provided a target price of $336 on this stock.

Ameriprise Financial Inc [AMP] stock has fluctuated between $329.16 and $524.89 over the past year. Currently, Wall Street analysts expect the stock to reach $454.57 within the next 12 months. Ameriprise Financial Inc [NYSE: AMP] shares were valued at $567.43 at the most recent close of the market. An investor can expect a potential drop of -19.89% based on the average AMP price forecast.

Analyzing the AMP fundamentals

Ameriprise Financial Inc [NYSE:AMP] reported sales of 17.51B for the trailing twelve months, which represents a growth of 12.02%. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.43 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.63.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 551.93 points at the first support level, and at 536.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 576.20, and for the 2nd resistance point, it is at 584.97.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 3.14, the price to book ratio is 9.65 and price to earnings (TTM) ratio is 21.78.

Transactions by insiders

Recent insider trading involved Dawn M. Brockman, Officer, that happened on Nov 06 ’24 when 350.0 shares were purchased. PRESIDENT-INSURANCE&ANNUITIES, Alvero Gumer completed a deal on Oct 31 ’24 to sell 2325.0 shares. Meanwhile, Officer GUMER ALVERO bought 2325.0 shares on Oct 31 ’24.

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