AllianceBernstein Holding L.P. (AB) – Financial Analysis and Stock Price Prediction
Company Overview
- Company Name: AllianceBernstein Holding L.P.
- Ticker: AB
- Industry: Asset Management
- Sector: Financial Services
- Address: 501 Commerce Street, Nashville, TN 37203, United States
- Phone: 615-622-0000
- Website: AllianceBernstein
- Employees: 4,707
AllianceBernstein Holding L.P. is a publicly owned investment manager that primarily invests in common and preferred stocks, government and corporate fixed-income securities, commodities, currencies, real estate-related assets, and inflation-protected securities. The company employs quantitative analysis along with long-term and short-term investment strategies to make its investments.
Key Financials
- Market Capitalization: $3.98 billion
- Previous Close: $34.20
- Open: $34.21
- Day's Range: $34.16 – $34.90
- 52-Week Range: $25.83 – $37.00
- Profit Margin: 88.13%
- P/E Ratio: 14.85
- Forward P/E Ratio: 10.01
- Dividend Rate: $2.69 (7.87% yield)
- Payout Ratio: 111.97%
- EPS (TTM): $2.34
- Forward EPS: $3.47
- Beta: 1.26
Financial Analysis
AllianceBernstein Holding L.P. has a strong financial position with a high profit margin of 88.13% and a solid market capitalization of $3.98 billion. The company's P/E ratio of 14.85 indicates that investors are willing to pay a premium for its earnings. Furthermore, the forward P/E ratio of 10.01 suggests that the company's earnings are expected to grow in the future.
The company has a dividend rate of $2.69, resulting in a high dividend yield of 7.87%. However, the payout ratio of 111.97% indicates that the company is paying out more in dividends than it earns. This could be a concern for investors as it may not be sustainable in the long term.
Stock Price Prediction
Based on the financial analysis and historical data, AllianceBernstein Holding L.P. has shown consistent growth over the years. The stock has a 52-week range of $25.83 – $37.00, and the current price is $34.75.
Considering the company's strong financials and positive earnings growth, it is expected that the stock price will continue to perform well in the future. The target mean price is $39.30, with a high estimate of $50.00 and a low estimate of $33.00.
Conclusion
AllianceBernstein Holding L.P. is a solid investment option in the asset management industry. With its strong financial position and positive earnings growth, the company is well positioned for future success. However, investors should closely monitor the payout ratio and ensure that the company's dividend payments are sustainable. Based on the stock price prediction, the company has the potential for further growth in the future.
