US LNG exports surge but will buyers in China turn up?
Affiliated Managers Group Inc (NYSE:AMG) stock has reached a 52-week high of 205.28 USD, with InvestingPro data showing strong momentum scores and three analysts revising earnings upward for the upcoming period. This milestone reflects a significant upward trajectory for the company over the past year. The stock has delivered a 27.79% return over the past twelve months, supported by robust financial metrics including a healthy P/E ratio of 14.09 and strong cash flow generation. According to InvestingPro’s comprehensive analysis, the company maintains an overall "GOOD" financial health rating. This achievement underscores the company’s robust financial health and its ability to navigate market fluctuations effectively, with a current ratio of 56.78 and liquid assets exceeding short-term obligations. As AMG continues to build on this momentum, investors are closely watching for further developments and potential growth opportunities. For deeper insights into AMG’s valuation and growth prospects, access the detailed Pro Research Report available on InvestingPro, which covers over 1,400 US stocks with comprehensive analysis and actionable intelligence.
In other recent news, Affiliated Managers Group (AMG) reported several key developments. Goldman Sachs upgraded AMG’s stock from Neutral to Buy, setting a price target of $218.00, citing anticipated growth in organic base fees and improvements in private markets affiliates. They project a 7% annual core EBITDA growth for 2026 and 2027, with earnings per share estimates revised to $24.04 for 2025, $27.81 for 2026, and $32.34 for 2027. Additionally, AMG announced the appointment of Thomas M. Wojcik as the new President, while he retains his role as Chief Operating Officer. This leadership change aligns with AMG’s strategy to focus on high-growth areas.
Furthermore, TD Cowen raised its price target for AMG to $196.00, maintaining a Hold rating, following AMG’s first-quarter 2025 performance, which showed improved financial guidance and a robust deal pipeline. The firm noted AMG’s ongoing share repurchases as a positive indicator of confidence in the company’s value proposition. In another strategic move, AMG agreed to acquire a minority stake in Verition Fund Management, a multi-strategy investment firm, further diversifying its portfolio. This acquisition is expected to close in the second quarter of 2025, with Verition’s management retaining majority control.
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