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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 $34.39, up 0.82% from the previous day, and has increased 18.91% in one year. It has overperformed other stocks in the Asset Management industry by 0.17 percentage points. Assetmark Financial Holdings stock is currently +50.04% from its 52-week low of $22.92, and -8.39% from its 52-week high of $37.54.

At the moment, there are 74.4M shares of AMK outstanding. The market value of AMK is $2.56B. In the last 24 hours, 398,424 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
$34.39
1w %
0.5%
1y %
18.91%
5y %
N/A
P/E
17.73x
P/B
1.95x
P/S
3.54x
PEG
1.62x
Revenue
$722.20M
Earnings
$143.86M
Fore. Rev. Growth
7.56%
Fore. Earn. Growth
10.94%
Market Cap
$2.56B
Next Earnings
Jul 31, 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 17.73x, relative to Asset Management industry P/E ratio of 27.05x
  • AMK could be undervalued based on its P/B ratio of 1.95x, relative to Asset Management industry P/B ratio of 2.38x
  • AMK may be overvalued based on its PEG ratio of 1.62x

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

AMK Financial Health

Positive Health Checks:

  • AMK earnings of $202.31M is not sufficient to cover its interest payments.
  • AMK has a low debt to equity ratio of 0.27.
  • There are more short-term assets than long-term liabilities on the AMK balance sheet.
  • There are more short-term assets than short-term liabilities on the AMK balance sheet.
  • AMK profit margin has gone up from 15.5% to 19.9% in the past year.
  • AMK's operating cash flow of $182.96M allows it to safely service it's debt of $118.45M.

Is AMK stock a Buy, Hold, or Sell, according to analysts?

Out of 2 Wall Street analysts who give recommendations on AMK, the consensus analyst rating on Assetmark Financial Holdings is a Buy

It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.

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

AMK Technical Indicators

SMA10
34.25
SMA20
34.15
SMA50
34.48
SMA100
34
SMA200
30.26
MACD
-0.01
MACD Signal
-0.05
MACD Histogram
0.04
RSI
54.65
Stochastic %K
38.44
Stochastic %D
40.46
StochRSI %K
60.55
StochRSI %D
57.29

Is AMK Making Money?

Last year, AMK earnings were $143.86M. In the past five year, AMK's earnings have increased by 32.78% per year. This was faster than the Asset Management industry average of 21.1%.

Last year, AMK revenue was $722.20M. During the last five year, AMK's revenue has increased by 14.22% per year. This was slower than the Asset Management industry average of 22.53%.

You can analyze AMK's earnings and revenue performance here.

Who is buying/selling AMK?

In the last 12 months, executives and large shareholders at AMK have sold more shares than they have bought.

Ted F. Angus, EVP General Counsel of AMK, was the latest AMK insider to sell. They sold $42,775.18 worth of AMK shares on Jun 10, 2024.

Get more info about who owns AMK stock here.

Can I get consistent income from AMK stock?

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

What others are saying about AMK

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

Click below to see what other community members have to say.

Step 5: Execute your AMK trade

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a given dollar amount, use a limit order.

Click the Open button and your broker will execute your order.

If you need more info about investing in stocks on eToro, watch the how to video below:

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Step 6: Get updates on your AMK position

Now that you own some shares in AMK, you'll want to keep up with your new investment.

Put AMK on a watchlist to see the latest developments about your AMK stock.

AMK Feed

How to Buy Stock in Assetmark Financial Holdings

To summarize, here are the 6 steps to buy Assetmark Financial Holdings stock:

  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 need a brokerage, eToro is our recommended venue.

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.

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

NYSE: AMK
$34.39+0.28 (+0.82%)
Updated Jun 12, 2024
Open eToro Account
NYSE: AMK
$34.39+0.28 (+0.82%)
Updated Jun 12, 2024
Open eToro Account

FAQ

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

As of Jun 12, 2024, it costs $34.39 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 0.291 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.