Ashmore Group (ASHM) Share Price, News & Analysis

Company Overview

Ashmore is a specialist Emerging Markets investment manager with 30 years' experience in these markets. Based in London, the business was founded in 1992 as part of the Australia and New Zealand Banking Group. In 1999, Ashmore became independent and today manages USD 57.2 billion (as at 31 December 2022) across a range of investment themes in pooled funds, segregated accounts and structured products. Ashmore Group plc has been listed on the London Stock Exchange since 2006.

Key Stats

• Today's Range: 166.40 to 175.20
• 50-Day Range: 144 to 167.80
• 52-Week Range: 122.10 to 220
• Volume: 1.37 million shs
• Average Volume: 1.71 million shs
• Market Capitalization: £1.14 billion
• P/E Ratio: 12.06
• Dividend Yield: 9.99%
• Price Target: GBX 168.50
• Consensus Rating: Reduce

Ashmore Group Stock Analysis - MarketRank™

Ashmore Group scored higher than 18% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.8 / 5
• Analyst Rating: Reduce

Consensus Rating

Ashmore Group has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating.

Amount of Analyst Coverage

Ashmore Group has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Ashmore Group is 12.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.26.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ashmore Group is 12.06, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 13.30.

Price to Earnings Growth Ratio

Ashmore Group has a PEG Ratio of 3.35. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Ashmore Group has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ASHM.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Ashmore Group is a leading dividend payer. It pays a dividend yield of 10.32%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Ashmore Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Ashmore Group is 120.48%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ASHM.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.64

News Sentiment

Ashmore Group has a news sentiment score of 0.64. 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 lower news sentiment than the 1.01 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Ashmore Group this week, compared to 1 article on an average week.

Search Interest

1 people have searched for ASHM on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Ashmore Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

36.17% of the stock of Ashmore Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 37.85% of the stock of Ashmore Group is held by institutions.

ASHM Stock Analysis - Frequently Asked Questions

How have ASHM shares performed this year?

Ashmore Group's stock was trading at GBX 159.90 at the beginning of the year. Since then, ASHM stock has increased by 6.4% and is now trading at GBX 170.20.

How do I buy shares of Ashmore Group?

Shares of ASHM stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What other stocks do shareholders of Ashmore Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ashmore Group investors own include Barclays (BARC), Lloyds Banking Group (LLOY), HSBC (HSBA), Intel (INTC), Anglo American (AAL), Aviva (AV) and AstraZeneca (AZN).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: N/A
• Current Symbol: LON:ASHM
• CIK: N/A
• Web: www.ashmoregroup.com
• Phone: +44-20-30776190
• Fax: N/A
• Employees: 283
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Ashmore Group: GBX 168.50
• High Price Target: GBX 197
• Low Price Target: GBX 140
• Potential Upside/Downside: -1.0%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX 14.11
• Trailing P/E Ratio: 12.06
• Forward P/E Ratio: 12.94
• P/E Growth: 3.35
• Net Income: £94.67 million
• Net Margins: 47.42%
• Pretax Margin: N/A
• Return on Equity: 10.71%
• Return on Assets: 4.52%

Debt

• Debt-to-Equity Ratio: 0.73
• Current Ratio: 10.68
• Quick Ratio: 7.88

Sales & Book Value

• Annual Sales: £199.65 million
• Price / Sales: 5.71
• Cash Flow: GBX 98.43 per share
• Price / Cash Flow: 1.73
• Book Value: GBX 134.31 per share
• Price / Book: 1.27

Miscellaneous

• Outstanding Shares: 670,128,599
• Free Float: N/A
• Market Cap: £1.14 billion
• Optionable: Not Optionable
• Beta: 1.09