Drilling Down Into Ameriprise Financial, Inc. (AMP)

Ameriprise Financial, Inc. (NYSE:AMP) is an interesting player in the Financial space, with a focus on Asset Management. The stock has been active on the tape, currently trading at $115.09, up from yesterday’s close by 0.03%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Does this stock stack up well when compared to its peers in the space? Let’s take a look. Ameriprise Financial, Inc. (AMP) currently trades with a market capitalization of $18.19B. That value represents a market adjusting for revenues that have been growing by 4.00% on a quarterly year/year basis as of the company’s last quarterly report.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For AMP, the company currently has $4.99B of cash on the books, which is offset by $7.51B current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $1.42B over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of 2.43 on a per share basis this quarter. Perhaps, that suggests something about why 89.20% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Ameriprise Financial, Inc. recorded a 52-week high of 119.32. It is now trading 4.26 off that level. The stock is trading 113.85 its 50-day moving average by -1.21. The stock carved out a 52-week low down at 76.00.

In recent action, Ameriprise Financial, Inc. (AMP) has made a move of +0.18% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is outperforming the S&P 500 by 2.97, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 157.48M with 1.23% sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of AMP.

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