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: 169.70 to 172.90
• 50-Day Range: 161.10 to 182.70
• 52-Week Range: 122.10 to 220
• Volume: 890,073 shs
• Average Volume: 2.14 million shs
• Market Capitalization: £1.13 billion
• P/E Ratio: 1,653.26
• Dividend Yield: 0.10%
• Price Target: GBX 155
• Consensus Rating: Hold

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: 1.4 / 5
• Analyst Rating: Hold

Consensus Rating

Ashmore Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.

Downside Risk

Ashmore Group has a consensus price target of GBX 155, representing about 10.2% downside from its current price of GBX 172.60.

Amount of Analyst Coverage

Ashmore Group has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Ashmore Group is 1,653.26, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 281.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ashmore Group is 1,653.26, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 1,783.37.

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 1.29. 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 9.99%, 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 161.88%. 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: 0.6 / 5
• News Sentiment: N/A

News Sentiment

Ashmore Group has a news sentiment score of -2.00. 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 0.76 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 1 news article 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: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Ashmore Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought GBX 0 in company stock and sold £254,473.02 in company stock.

Percentage Held by Insiders

38.55% 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

47.22% of the stock of Ashmore Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

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 7.9% and is now trading at GBX 172.60.

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 155
• High Price Target: GBX 170
• Low Price Target: GBX 140
• Potential Upside/Downside: -10.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX 0.10
• Trailing P/E Ratio: 1,652.30
• Forward P/E Ratio: 13.11
• 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: £144.40 million
• Price / Sales: 7.83
• Cash Flow: GBX 99.76 per share
• Price / Cash Flow: 1.73
• Book Value: GBX 134.31 per share
• Price / Book: 1.28

Miscellaneous

• Outstanding Shares: 655,765,000
• Free Float: N/A
• Market Cap: £1.13 billion
• Optionable: Not Optionable
• Beta: 1.09