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NASDAQ:ALTI

AlTi Global (ALTI) Stock Price, News & Analysis

AlTi Global logo
$4.08
-0.02 (-0.49%)
(As of 10/31/2024 ET)

About AlTi Global Stock (NASDAQ:ALTI)

Key Stats

Today's Range
$4.05
$4.24
50-Day Range
$3.50
$4.64
52-Week Range
$3.47
$9.22
Volume
859,613 shs
Average Volume
152,560 shs
Market Capitalization
$570.49 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.00
Consensus Rating
Strong Buy

Company Overview

AlTi Global, Inc. provides wealth and asset management services individuals, families, foundations, and institutions in the United States, the United Kingdom, and internationally. It operates through two segments, Wealth Management and Strategic Alternatives. The company offers discretionary investment management, non-discretionary investment advisory, and investment management and advisory services. It also provides trust and administration services, such as entity formation and management; creating or modifying trust instruments and administrative practices to meet beneficiary needs; corporate, trustee-executor, and fiduciary services; provision of directors and company secretarial services; administering entity ownership of intellectual property rights; advisory and administration services in connection with investments in marine and aviation assets; and administering entity ownership of fine art and collectibles. In addition, the company offers family office services comprising bookkeeping and back office services, private foundation management and grant making, oversight of trust administration, financial tracking and reporting, cash flow management and bill pay, and other financial services, as well as clients estate and wealth planning, family governance and education, and philanthropic and strategic services. It also provides ancillary fund management services, including investments, financial planning and strategy, sales and marketing, and back and middle office infrastructure and administration. The company offers strategic advisory, corporate advisory, brokerage, and placement agency services; structures, arranges, and provides investors with co-investment opportunities in various alternative assets; manages and advises public and private investment funds, as well as alternatives platform. The company was formerly known as Alvarium Tiedemann Holdings, Inc. and changed its name to AlTi Global, Inc. in April 2023. The company is based in New York, New York.

AlTi Global Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
45th Percentile Overall Score

ALTI MarketRank™: 

AlTi Global scored higher than 45% of companies evaluated by MarketBeat, and ranked 691st out of 942 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for AlTi Global are expected to grow in the coming year, from ($0.02) to $0.52 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of AlTi Global is -1.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of AlTi Global is -1.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    AlTi Global has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about AlTi Global's valuation and earnings.
  • Percentage of Shares Shorted

    3.73% of the float of AlTi Global has been sold short.
  • Short Interest Ratio / Days to Cover

    AlTi Global has a short interest ratio ("days to cover") of 7.5.
  • Change versus previous month

    Short interest in AlTi Global has recently increased by 12.61%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    AlTi Global does not currently pay a dividend.

  • Dividend Growth

    AlTi Global does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.73% of the float of AlTi Global has been sold short.
  • Short Interest Ratio / Days to Cover

    AlTi Global has a short interest ratio ("days to cover") of 7.5.
  • Change versus previous month

    Short interest in AlTi Global has recently increased by 12.61%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    AlTi Global has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for AlTi Global this week, compared to 2 articles on an average week.
  • MarketBeat Follows

    1 people have added AlTi Global to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, AlTi Global insiders have sold 150.02% more of their company's stock than they have bought. Specifically, they have bought $269,227.00 in company stock and sold $673,109.00 in company stock.

  • Percentage Held by Insiders

    22.14% of the stock of AlTi Global is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 3.57% of the stock of AlTi Global is held by institutions.

  • Read more about AlTi Global's insider trading history.
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ALTI Stock News Headlines

AlTi Global, Inc. (NASDAQ:ALTI) Sees Large Increase in Short Interest
3 US Growth Stocks With Up To 39% Insider Buy-In
Banking failure dead ahead
If you missed it, my emergency election broadcast is now available - but will be removed soon
Ilwaddi Holdings buys $50,118 in Alti Global shares
See More Headlines

ALTI Stock Analysis - Frequently Asked Questions

AlTi Global's stock was trading at $8.76 at the start of the year. Since then, ALTI shares have decreased by 53.4% and is now trading at $4.08.
View the best growth stocks for 2024 here
.

AlTi Global, Inc. (NASDAQ:ALTI) posted its quarterly earnings data on Friday, August, 9th. The basic materials company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.07) by $0.02. The basic materials company had revenue of $49.45 million for the quarter, compared to analyst estimates of $51.80 million. AlTi Global had a positive trailing twelve-month return on equity of 7.36% and a negative net margin of 50.54%.

Top institutional investors of AlTi Global include CV Advisors LLC (0.02%) and SG Americas Securities LLC (0.01%). Insiders that own company stock include Holdings Ilwaddi, Cayman Holdings Ilwaddi, Peter Yu, Michael Tiedemann, Spiros Maliagros, Brooke Connell, Timothy F Keaney, Kevin P Moran, Mark F Furlong and Bertrand P Grabowski.
View institutional ownership trends
.

Shares of ALTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that AlTi Global investors own include Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), Exxon Mobil (XOM), JPMorgan Chase & Co. (JPM) and Netflix (NFLX).

Company Calendar

Last Earnings
8/09/2024
Today
10/31/2024
Next Earnings (Confirmed)
11/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
Trading
Current Symbol
NASDAQ:ALTI
Fax
N/A
Employees
430
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.00
High Stock Price Target
$9.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+120.6%
Consensus Rating
Strong Buy
Rating Score (0-4)
4.00
Research Coverage
1 Analysts

Profitability

Net Income
$-162,610,000.00
Pretax Margin
-95.76%

Debt

Sales & Book Value

Annual Sales
$241.81 million
Book Value
$6.66 per share

Miscellaneous

Free Float
108,869,000
Market Cap
$570.49 million
Optionable
Not Optionable
Beta
0.67
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This page (NASDAQ:ALTI) was last updated on 10/31/2024 by MarketBeat.com Staff
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