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How to Buy Assetmark Financial Holdings Stock

Assetmark Financial Holdings Inc

AssetMark Financial Holdings, Inc. provides wealth management and technology solutions in the United States.

Assetmark Financial Holdings stock last closed at $35.41, up 0.48% from the previous day, and has increased 13.6% in one year. It has underperformed other stocks in the Asset Management industry by 0.12 percentage points. Assetmark Financial Holdings stock is currently +54.49% from its 52-week low of $22.92, and -3.05% from its 52-week high of $36.53.

At the moment, there are 74.38M shares of AMK outstanding. The market value of AMK is $2.63B. In the last 24 hours, 334,331 AMK shares were traded.

How to Buy Assetmark Financial Holdings Stock

Wondering how to invest in Assetmark Financial Holdings stock? Here's how.
  1. Decide where to buy Assetmark Financial Holdings stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Assetmark Financial Holdings stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Pick your payment method and add your details.
  4. Analyze Assetmark Financial Holdings stock: The Assetmark Financial Holdings ticker symbol is AMK. Is Assetmark Financial Holdings stock a good investment? Should you buy shares of AMK? How do AMK's underlying business fundamentals look? Do top analysts think Assetmark Financial Holdings is a good buy? Why has AMK's stock price moved recently? (Hint: Our stock market research tools can help you figure out if AMK is a good stock to buy).
  5. Execute your AMK trade: Decide if you will purchase AMK shares at the current market price or use a limit order to purchase AMK stock at a particular price.
  6. Get updates on your AMK position: Create a watchlist to the latest updates on your new investment in Assetmark Financial Holdings shares.

Step 1: Decide where to buy Assetmark Financial Holdings stock

You will need an online brokerage account in order to access the NYSE market and buy AMK stock.

A brokerage account enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've selected your brokerage, it's time to fill out some personal information so you are able to buy AMK today.

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Step 3: Deposit funds into your investment account

Now that you've finished signing up on stock apps to use, you need to deposit funds:

Watch the tutorial below for more details transferring funds into your new investment account.

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Step 4: Analyze Assetmark Financial Holdings stock

After you have identified the best place to buy Assetmark Financial Holdings stock, it's crucial to research their stock prior to investing, so you actually wrap your head around the risk as well as the opportunity.

Overview of key AMK info

AMK Price
$35.41
1w %
-2.18%
1y %
13.6%
5y %
N/A
P/E
21.33x
P/B
2.08x
P/S
3.7x
PEG
0.98x
Revenue
$708.50M
Earnings
$123.12M
Fore. Rev. Growth
8.1%
Fore. Earn. Growth
21.67%
Market Cap
$2.63B
Next Earnings
May 1, 2024
Next Dividend
N/A

AMK Due Diligence Checks

WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in less time.

You can view all of the due diligence checks on AMK's stock page.

Is AMK stock properly valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge AMK's fair value.

Using relative valuations ratios:

  • AMK may be undervalued based on its P/E ratio of 21.33x, relative to Asset Management industry P/E ratio of 32.13x
  • AMK could be undervalued based on its P/B ratio of 2.08x, relative to Asset Management industry P/B ratio of 2.46x
  • AMK may be undervalued based on its PEG ratio of 0.98x

You can access additional valuation research on AMK's stock here.

AMK Financial Health

Positive Health Checks:

  • AMK earnings of $176.57M is not sufficient to cover its interest payments.
  • AMK has a low debt to equity ratio of 0.28.
  • Total AMK debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the AMK balance sheet.
  • There are more short-term assets than long-term liabilities on the AMK balance sheet.
  • AMK's operating cash flow of $174.67M allows it to safely service it's debt of $119.84M.
  • AMK profit margin has gone up from 16.9% to 17.4% in the past year.

Is it a good time to buy AMK stock, according to Wall Street analysts?

Out of 2 Equities analysts who give ratings on AMK, the consensus analyst rating on Assetmark Financial Holdings is a Buy

Please note that analyst forecasts are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are projecting on the Assetmark Financial Holdings stock forecast page.

AMK Technicals

SMA10
35.63
SMA20
35.64
SMA50
33.34
SMA100
30.31
SMA200
28.88
MACD
0.58
MACD Signal
0.82
MACD Histogram
-0.24
RSI
57.42
Stochastic %K
18.44
Stochastic %D
18.3
StochRSI %K
6.9
StochRSI %D
2.71

How are AMK Revenues/Earnings doing?

Last year, AMK earnings were $123.12M. In the last five year, AMK's earnings have increased by 23.84% per year. This was faster than the Asset Management industry average of 6.92%.

Last year, AMK revenue was $708.50M. During the last five year, AMK's revenue has increased by 14.27% per year. This was slower than the Asset Management industry average of 20.13%.

Dig into AMK's earnings and revenue performance here.

What are AMK executives and large shareholders up to?

Over the past year, executives and large shareholders at AMK have sold more shares than they have bought.

Michael 1. Kim, CEO and President of AMK, was the latest AMK insider to sell. They sold $416,284.94 worth of AMK stock on Mar 4, 2024.

Research more about who owns AMK shares here.

Does AMK stock generate passive income?

No, Assetmark Financial Holdings doesn't provide an income stream by paying out dividends.

What others are saying about AMK

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Execute your AMK trade

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a specific dollar amount, use a limit order.

Press the Open Trade button and your broker will execute your order.

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Step 6: Get updates on your AMK position

Now that you own some AMK stock, you'll want to stay up-to-date on your new shares.

Start a watchlist to get the latest updates about your AMK stock.

AMK Feed

How to Buy Stock in Assetmark Financial Holdings

To summarize, here are the 6 steps you need to take to buy Assetmark Financial Holdings stock right now:

  1. Decide where to buy Assetmark Financial Holdings stock
  2. Open your brokerage account
  3. Deposit funds into your investment account
  4. Analyze Assetmark Financial Holdings stock
  5. Execute your AMK trade
  6. Get updates on your AMK position

If you are looking for a place to buy stocks, eToro is our recommended venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to monitor your new investment in Assetmark Financial Holdings, click below.

NYSE: AMK
$35.41+0.17 (+0.48%)
Updated Mar 28, 2024
Open eToro Account
NYSE: AMK
$35.41+0.17 (+0.48%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Assetmark Financial Holdings share?

As of Mar 28, 2024, it costs $35.41 to buy one share of Assetmark Financial Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.282 shares of AMK.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Assetmark Financial Holdings stock?

According to 2 Wall Street analysts who monitor Assetmark Financial Holdings, their consensus recommendation is to buy Assetmark Financial Holdings stock.

What is the best way to buy Assetmark Financial Holdings stock?

One way to place an order for Assetmark Financial Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.