ASX:PTMPlatinum Asset Management Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Platinum Asset Management Ltd Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add A$3.67 +0.01 (+0.27 %) (As of 05/13/2020) Add Compare Share Today's RangeA$3.55Now: A$3.67▼A$3.7050-Day RangeA$3.15MA: A$3.50▼A$3.7552-Week RangeA$2.63Now: A$3.67▼A$5.13Volume942,984 shsAverage Volume1.89 million shsMarket Capitalization$2.15 billionP/E Ratio13.20Dividend Yield7.16%BetaN/A ProfileAdvanced ChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions Chain Platinum Asset Management is a publicly owned hedge fund sponsor. The firm primarily provides its services to pooled investment vehicles. It also caters to pension and profit sharing plans and corporations. The firm launches and manages equity mutual funds for its clients. It also launches and manages hedge funds for its clients. The firm invests in public equity markets across the globe. It employs value strategy with bottom-up stock picking approach to create its portfolio. The firm employs a combination of in-house and external research to make its investments. Platinum Asset Management was founded in February 1994 and is based in Sydney, Australia.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Platinum Asset Management. Previous Next 2.4 Community Rank Outperform VotesPlatinum Asset Management has received 92 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPlatinum Asset Management has received 101 “underperform” votes. (Add your “underperform” vote.)Community SentimentPlatinum Asset Management has received 52.33% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Platinum Asset Management and other stocks. Vote “Outperform” if you believe PTM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PTM will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipPlatinum Asset Management is a leading dividend payer. It pays a dividend yield of 7.16%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPlatinum Asset Management does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Platinum Asset Management is 97.12 %. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Platinum Asset Management insiders have not sold or bought any company stock. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Platinum Asset Management are expected to decrease by -100.00% in the coming year, from A$0.30 to A$0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Platinum Asset Management is 13.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.38.Price to Earnings Ratio vs. SectorThe P/E ratio of Platinum Asset Management is 13.20, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.15.Price to Earnings Growth RatioPlatinum Asset Management has a PEG Ratio of 5.43. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPlatinum Asset Management has a P/B Ratio of 6.65. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.0Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.06 out of 5 stars Industry, Sector and Symbol Stock Exchange ASX Industry Asset Management Sub-IndustryN/A SectorFinance Current SymbolASX:PTM Previous Symbol CUSIPN/A CIKN/A Webwww.platinum.com.au Phone+61-2-92557533Debt Debt-to-Equity Ratio2.95 Current Ratio7.43 Quick Ratio7.36Price-To-Earnings Trailing P/E Ratio13.20 Forward P/E Ratio12.26 P/E Growth5.43 Sales & Book Value Annual Sales$319.88 million Price / Sales6.73 Cash FlowA$0.34 per share Price / Cash Flow10.96 Book ValueA$0.55 per share Price / Book6.65Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees98 Outstanding Shares586,678,976Market Cap$2.15 billion Next Earnings Date8/26/2020 (Estimated) OptionableOptionable Receive PTM News and Ratings via Email Sign-up to receive the latest news and ratings for PTM and its competitors with MarketBeat's FREE daily newsletter. Platinum Asset Management (ASX:PTM) Frequently Asked Questions How has Platinum Asset Management's stock been impacted by COVID-19 (Coronavirus)? Platinum Asset Management's stock was trading at A$3.30 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PTM stock has increased by 11.2% and is now trading at A$3.67. View which stocks have been most impacted by Coronavirus. When is Platinum Asset Management's next earnings date? Platinum Asset Management is scheduled to release its next quarterly earnings announcement on Wednesday, August 26th 2020. View our earnings forecast for Platinum Asset Management. How were Platinum Asset Management's earnings last quarter? Platinum Asset Management Ltd (ASX:PTM) released its quarterly earnings results on Thursday, February, 21st. The company reported $0.13 EPS for the quarter, missing the Zacks' consensus estimate of $0.13 by $0.01. View Platinum Asset Management's earnings history. How often does Platinum Asset Management pay dividends? What is the dividend yield for Platinum Asset Management? Platinum Asset Management announced a Interim dividend on Monday, February 24th. Stockholders of record on Wednesday, March 18th will be given a dividend of 0.13 per share on Wednesday, March 18th. This represents a yield of 3.04%. The ex-dividend date is Monday, March 2nd. View Platinum Asset Management's dividend history. Has Platinum Asset Management been receiving favorable news coverage? News articles about PTM stock have been trending positive recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Platinum Asset Management earned a news impact score of 2.7 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the stock's share price in the near future. View the latest news aboutPlatinum Asset Management. Who are some of Platinum Asset Management's key competitors? Some companies that are related to Platinum Asset Management include SCHRODERS/PAR VTG FPD 1 (SDR), TMX Group (X), Australian Foundation Investment Co.Ltd. (AFI), 3i Group (III), IGM Financial (IGM), DWS Group & GmbH Co KgaA (DWS), ONEX (ONEX), JANUS/IDR UNRESTR (JHG), Argo Investments (ARG), Intermediate Capital Group (ICP), CI Financial (CIX), M&G (MNG), F&C Investment Trust (FCIT), HICL Infrastructure (HICL) and Grenke (GLJ). View all competitors. What other stocks do shareholders of Platinum Asset Management own? Based on aggregate information from My MarketBeat watchlists, some companies that other Platinum Asset Management investors own include Insurance Australia Group (IAG), Amyris (AMRS), Mesoblast (MESO), James Hardie Industries (JHX), Altium (ALU), G8 Education (GEM), Enphase Energy (ENPH), DWS (DWS), Cochlear (COH) and Bank of Queensland (BOQ). Who are Platinum Asset Management's key executives? Platinum Asset Management's management team includes the following people: Mr. Andrew McRae Clifford BCOM (HONS), Co-Founder, MD, CEO, Chief Investment Officer & Exec. Director (Age 53)Mr. William Kerr Stephen Neilson B.Com., BCOM, ASIP, Founder & Exec. Director (Age 69)Mr. Andrew Norman Stannard BMS(Hons), CFO, Fin. Director & Exec. Director (Age 52)Ms. Elizabeth Ann Norman BA, Director of Communications and Investor Services & Exec. Director (Age 51)Mr. Robert Sidoti, Operations Mang. What is Platinum Asset Management's stock symbol? Platinum Asset Management trades on the ASX under the ticker symbol "PTM." What is Platinum Asset Management's stock price today? One share of PTM stock can currently be purchased for approximately A$3.67. How big of a company is Platinum Asset Management? Platinum Asset Management has a market capitalization of $2.15 billion and generates $319.88 million in revenue each year. Platinum Asset Management employs 98 workers across the globe. What is Platinum Asset Management's official website? The official website for Platinum Asset Management is www.platinum.com.au. How can I contact Platinum Asset Management? Platinum Asset Management's mailing address is C/O Platinum Asset Management L 8 7 Macquarie Pl, SYDNEY, NSW 2000, Australia. The company can be reached via phone at +61-2-92557533. This page was last updated on 5/29/2020 by MarketBeat.com Staff
