Fundamentals for Ameriprise Financial, Inc.
AMP's forward EPS is higher than its trailing EPS, suggesting the company is expected to see an increase in profitability this year. This points to positive growth, indicat...
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:
Financial Ratios:
| currentRatio | 2.182000 |
|---|---|
| forwardPE | 9.576829 |
| debtToEquity | 67.578000 |
| earningsGrowth | 0.117000 |
| revenueGrowth | 0.116000 |
| grossMargins | 0.549320 |
| operatingMargins | 0.307200 |
| trailingEps | 40.960000 |
| forwardEps | 51.668460 |
AMP's current ratio of 2.182 reflects its strong liquidity position. The company has enough cash reserves and current assets to service its short-term debt obligations, signaling that AMP is financially well-prepared to meet its liabilities without difficulty.
With both earnings and revenue growth showing positive trends, AMP is expected to expand its business. This signals a healthy financial trajectory, suggesting that the company is positioned for continued growth and increasing profitability.
AMP's positive gross and operating margins indicate strong financial performance. These margins show that the company is profitable and efficient in its operations, with effective cost control contributing to its overall financial success.
AMP's forward EPS is higher than its trailing EPS, suggesting the company is expected to see an increase in profitability this year. This points to positive growth, indicating that AMP is projected to improve its financial performance compared to the previous year.
Price projections:
Insider Transactions:
12 transactions to sell AMP occurred, with market price at 516.0466715494791.There were no sell transactions recorded during the period under consideration.The higher number of buys versus sells near AMP's current price suggests optimism among investors. This buying trend could be interpreted as a sign that the market expects favorable outcomes for the stock in the near future.
Recommendation changes over time:
AMP has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view AMP as a reliable choice for their money, offering a promising avenue for future growth and financial gains.