AssetMark Financial Holdings (NYSE:AMK) has earned a consensus broker rating score of 2.75 (Hold) from the four analysts that provide coverage for the company, Zacks Investment Research reports. Three investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. AssetMark Financial’s rating score has declined by 3% from three months ago as a result of a number of analysts’ upgrades and downgrades.

Analysts have set a one year consensus price target of $29.00 for the company and are anticipating that the company will post $0.25 EPS for the current quarter, according to Zacks. Zacks has also given AssetMark Financial an industry rank of 102 out of 255 based on the ratings given to its competitors.

A number of research analysts recently issued reports on the stock. Goldman Sachs Group assumed coverage on shares of AssetMark Financial in a research report on Monday, August 12th. They set a “buy” rating and a $31.00 target price on the stock. JPMorgan Chase & Co. assumed coverage on shares of AssetMark Financial in a research report on Monday, August 12th. They set a “neutral” rating and a $29.00 target price on the stock. Raymond James assumed coverage on shares of AssetMark Financial in a research report on Monday, August 12th. They set an “outperform” rating and a $31.00 target price on the stock. BMO Capital Markets boosted their target price on shares of AssetMark Financial from $24.00 to $25.00 and gave the company a “market perform” rating in a research report on Thursday, November 7th. Finally, William Blair assumed coverage on shares of AssetMark Financial in a research report on Monday, August 12th. They set a “market perform” rating on the stock.

Shares of AssetMark Financial stock traded down $0.29 during trading on Monday, reaching $24.16. 239,200 shares of the company traded hands, compared to its average volume of 220,038. The company has a quick ratio of 2.77, a current ratio of 2.77 and a debt-to-equity ratio of 0.14. AssetMark Financial has a 1-year low of $22.87 and a 1-year high of $29.37. The company has a 50 day moving average price of $26.01.

AssetMark Financial (NYSE:AMK) last released its earnings results on Wednesday, August 28th. The company reported $0.17 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.17. The company had revenue of $104.48 million for the quarter, compared to analyst estimates of $102.80 million. Sell-side analysts expect that AssetMark Financial will post 0.57 EPS for the current fiscal year.

A number of hedge funds have recently made changes to their positions in the business. Russell Investments Group Ltd. bought a new stake in AssetMark Financial during the 3rd quarter valued at $795,000. Dean Capital Investments Management LLC bought a new stake in AssetMark Financial during the 3rd quarter valued at $578,000. Rhumbline Advisers bought a new stake in AssetMark Financial during the 3rd quarter valued at $372,000. Finally, State of Tennessee Treasury Department bought a new stake in AssetMark Financial during the 3rd quarter valued at $208,000. Institutional investors and hedge funds own 0.16% of the company’s stock.

AssetMark Financial Company Profile

AssetMark Financial Holdings, Inc provides wealth management and technology solutions in the United States. The company offers an open-architecture product platform, as well as client advice, asset allocation options, practice management, support services, and technology to the financial adviser channel.

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Analyst Recommendations for AssetMark Financial (NYSE:AMK)

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