Artisan Partners Asset Management (APAM) to Release Quarterly Earnings on Tuesday

Artisan Partners Asset Management (NYSE:APAM) will be issuing its quarterly earnings data after the market closes on Tuesday, October 29th. Analysts expect the company to announce earnings of $0.91 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Artisan Partners Asset Management Trading Up 0.4 %

NYSE:APAM opened at $43.65 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.71 and a current ratio of 0.71. Artisan Partners Asset Management has a one year low of $32.12 and a one year high of $47.08. The business’s 50-day simple moving average is $42.35 and its 200 day simple moving average is $42.23. The stock has a market cap of $3.51 billion, a price-to-earnings ratio of 13.31 and a beta of 1.79.

Wall Street Analysts Forecast Growth

APAM has been the topic of several research reports. TD Cowen upped their price objective on Artisan Partners Asset Management from $38.00 to $39.00 and gave the company a “hold” rating in a research note on Thursday, July 25th. StockNews.com upgraded Artisan Partners Asset Management from a “hold” rating to a “buy” rating in a research note on Wednesday. The Goldman Sachs Group cut their price objective on Artisan Partners Asset Management from $40.00 to $39.50 and set a “sell” rating on the stock in a research note on Thursday, October 3rd. Finally, Royal Bank of Canada restated an “outperform” rating and set a $50.00 price objective on shares of Artisan Partners Asset Management in a research note on Monday, July 29th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $42.83.

About Artisan Partners Asset Management

Artisan Partners Asset Management Inc is publicly owned investment manager. It provides its services to pension and profit sharing plans, trusts, endowments, foundations, charitable organizations, government entities, private funds and non-U.S. funds, as well as mutual funds, non-U.S. funds and collective trusts.