Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional val ...

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Affiliated Managers Group (AMG) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.Affiliated Managers Group is a member of our Finance group, which includes 859 differ ...

Shares of Affiliated Managers Group (AMG) have been strong performers lately, with the stock up 2.4% over the past month. The stock hit a new 52-week high of $168.63 in the previous session. Affiliated Managers Group has gained 8.2% since the start of the year compared to the 6.2% move for the Zacks Finance sector and the 8.2% return for the Zacks Financial - Investment Management industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our ...

Core Insights - The price-to-sales (P/S) ratio is highlighted as a valuable metric for evaluating companies, especially those with negative earnings or in early development stages [2][3] - A P/S ratio below 1 indicates a potentially undervalued stock, making it an attractive investment option [2] - The article emphasizes the importance of analyzing multiple financial ratios, including price-to-earnings, price-to-book, and debt-to-equity, to make informed investment decisions [3] Company Summaries - **KB Home (KBH)**: A prominent homebuilder in the U.S., focusing on a return-driven growth strategy, land acquisition, and reducing debt. The company has a Value Score of A and a Zacks Rank of 2, indicating strong potential for returns [6] - **Affiliated Managers Group (AMG)**: A global asset manager with a robust balance sheet and diverse product offerings. The company is well-positioned for growth and has a Value Score of A and a Zacks Rank of 2 [7] - **Cigna Group (CI)**: A global health company with a growing membership base and a focus on strategic acquisitions. Cigna has a Value Score of A and a Zacks Rank of 2, indicating strong market positioning [8] - **Barrett Business Services (BBSI)**: Provides management solutions for small and mid-sized companies, benefiting from an expanding client base and effective pricing strategies. BBSI has a Value Score of A and a Zacks Rank of 2 [9] - **JAKKS Pacific (JAKK)**: A diversified consumer products company focusing on toys and consumer products, benefiting from strategic acquisitions and a shift towards online sales. JAKK has a Value Score of A and a Zacks Rank of 2 [10]

In value investing, it is a common practice to pick stocks that are cheap but fundamentally strong. There are a number of investment styles for finding great stocks at attractive values.While considering valuation metrics, though price-to-earnings and price-to-sales are the first choices, the P/B ratio is also emerging as a convenient tool for identifying low-priced stocks that have high-growth prospects.Price-to-book ratio or P/B ratio is essentially the ratio of stock price to book value, i.e., how much a ...

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Affiliated Managers Group (AMG) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Affiliated Managers Group is a member of the Finance sector. This group includes 855 individual stocks and currently holds a Zacks Sector Rank of #7. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by mea ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.Luckily, Zacks h ...

Market Overview - Wall Street has continued its upward trend in 2024, with the Dow, S&P 500, and Nasdaq Composite up 3.7%, 9.2%, and 9.5% year-to-date, respectively [1] - The S&P 500 reached a new closing high on March 19, while the Dow had its best daily performance since February 22 [1] - The investment management industry has shown impressive growth, with a 45.2% return over the past year and a year-to-date return of 7.7% [1] Interest Rate Environment - Current interest rates are between 5.25% and 5.5%, the highest in over 22 years, which is expected to support margins in the near term [2] - The Federal Reserve has paused rate hikes and indicated fewer rate cuts than previously expected for 2024, with Chairman Jerome Powell suggesting at least four cuts of 25 basis points each [2] Economic Outlook - The probability of a soft landing has increased to 52% in March, up from 47% in January, while the likelihood of a recession in the next 12 months has decreased to 32% [3] - Client activities have remained strong, supporting growth in assets under management (AUM) [3] Asset Management Growth - A significant inflow of $1.4 trillion into U.S. money market funds has been attributed to high interest rates, with cash yielding around 5% [4] - Growth in AUM is expected to continue, positively impacting asset managers' revenues through higher performance and investment advisory fees [4] Company Highlights - SEI Investments Co. (SEIC) has an expected revenue growth rate of 6.7% and earnings growth rate of 15.6% for the current year, with a recent earnings estimate improvement of 0.8% [7] - Artisan Partners Asset Management Inc. (APAM) is projected to have a total AUM CAGR of 4.6% by 2025, with expected revenue and earnings growth rates of 3.7% and 10.5%, respectively [8] - KKR & Co. Inc. (KKR) anticipates revenue and earnings growth rates of 18% and 46.8%, respectively, for the current year, with a recent earnings estimate improvement of 2.4% [9] - T. Rowe Price Group Inc. (TROW) expects AUM and revenue growth of 2.5% and 4% in 2024, with revenue and earnings growth rates of 4.9% and 2.1%, respectively [10] - Affiliated Managers Group Inc. (AMG) projects total revenues and AUM to grow at CAGRs of 3.1% and 2.1% by 2026, with expected revenue and earnings growth rates of 4% and 10%, respectively [12]

Investment in stocks after analyzing valuation metrics is considered one of the best practices. When considering valuation metrics, the price-to-earnings ratio has always been the obvious choice. This is because calculations based on earnings are easy and come in handy. However, the price-to-sales ratio is convenient for determining the value of stocks that are incurring losses or in an early development cycle, generating meager or no profit.What’s the Price-to-Sales Ratio?While a loss-making company with a ...

NEW YORK--(BUSINESS WIRE)--Third Avenue Management LLC (“the Firm” or “Third Avenue”) announced today that the Firm was named as the LSEG Lipper Fund Awards Winner United States 2024, Best Equity Small Size Fund Family Group Over Three Years. The Group Awards are presented by LSEG Lipper each year to recognize fund companies that have excelled relative to their peers. “ Third Avenue Management has remained singularly committed to executing upon its unique form of active, fundamental, value investing,” said ...