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 $28.51, down 0.04% from the previous day, and has increased 39.35% in one year. It has overperformed other stocks in the Asset Management industry by 0.43 percentage points. Assetmark Financial Holdings stock is currently +68.9% from its 52-week low of $16.88, and -13.61% from its 52-week high of $33.00.
At the moment, there are 73.92M shares of AMK outstanding. The market value of AMK is $2.11B. In the last 24 hours, 155,964 AMK shares were traded.
How to Buy Assetmark Financial Holdings Stock
Wondering how to invest in Assetmark Financial Holdings stock? Here's how.
- 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.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Pick your payment method and add your details.
- 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).
- 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.
- 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.
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Open eToro AccountStep 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.
How to Set Up a New Account on eToro
- Click here to get started.
- Enter your personal data to create your new trading account.
- Submit your application by hitting the "Create Account" button.
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.
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 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 21.44x, relative to Asset Management industry P/E ratio of 46.45x
- AMK could be undervalued based on its P/B ratio of 1.84x, relative to Asset Management industry P/B ratio of 1.94x
- AMK may be overvalued based on its PEG ratio of 1.03x
You can access additional valuation research on AMK's stock here.
AMK Financial Health
Positive Health Checks:
- AMK profit margin has gone up from 10.2% to 15.2% in the past year.
- AMK's operating cash flow of $154.01M allows it to safely service it's debt of $121.85M.
- AMK has a low debt to equity ratio of 0.31.
- There are more short-term assets than short-term liabilities on the AMK balance sheet.
- AMK earnings of $139.03M is not sufficient to cover its interest payments.
Negative Health Checks:
- There are more long-term liabilities than short-term assets on the AMK balance sheet.
Is AMK stock a Buy, Hold, or Sell, according to analysts?
Out of 3 Wall Street analysts who give recommendations on AMK, the consensus analyst rating on Assetmark Financial Holdings is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest AMK Analyst Ratings
Kevin Mcveigh, a bottom 4% analyst from Credit Suisse maintains AMK with a buy rating and raises their AMK price target from $34.00 to $35.00, on May 4, 2023.
Patrick O'Shaughnessy, a bottom 3% analyst from Raymond James maintains AMK with a strong buy rating and raises their AMK price target from $32.00 to $37.00, on Apr 11, 2023.
Kenneth Worthington, a bottom 29% analyst from JP Morgan upgrades AMK to a strong buy rating and raises their AMK price target from $24.00 to $32.00, on Jan 23, 2023.
You can dig deeper into what analysts are projecting on the Assetmark Financial Holdings stock forecast page.
AMK Technical Indicators
Is AMK Making Money?
Last year, AMK earnings were $98.26M. During the last four year, AMK's earnings have increased by 29.7% per year. This was faster than the Asset Management industry average of 0.47%.
Last year, AMK revenue was $646.57M. During the last four year, AMK's revenue has grown by 14.87% per year. This was slower than the Asset Management industry average of 16.85%.
Dig into AMK's earnings and revenue performance here.
Latest Insiders Trades at AMK
In the last year, insiders 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 $158,512.44 worth of AMK shares on May 17, 2023.
Learn more about who owns AMK stock here.
Does AMK provide a stable income stream?
No, Assetmark Financial Holdings doesn't provide an income stream by paying out dividends.
AMK Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your AMK trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price, place a limit order.
Hit the Open Trade button and your broker will execute your order.
If you require additional info about buying stocks on eToro, click the helpful video below:
Step 6: Get updates on your AMK position
Now that you own some shares in AMK, you'll want to stay up-to-date on your investment.
Put AMK on a watchlist to get notified of the latest news about your AMK stock.
AMK Feed
How to Buy Stock in Assetmark Financial Holdings
To reiterate, here are the 6 steps for buying Assetmark Financial Holdings stock:
- Decide where to buy Assetmark Financial Holdings stock
- Open your brokerage account
- Deposit funds into your investment account
- Analyze Assetmark Financial Holdings stock
- Execute your AMK trade
- Get updates on your AMK position
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to track your new investment in Assetmark Financial Holdings, get started below.
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