Artisan Partners Asset Management (APAM) Projected to Post Earnings on Tuesday

Artisan Partners Asset Management (NYSE:APAM) is anticipated to post its quarterly earnings results after the market closes on Tuesday, February 4th. Analysts expect Artisan Partners Asset Management to post earnings of $0.97 per share and revenue of $293.50 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Artisan Partners Asset Management Stock Performance

Shares of NYSE:APAM opened at $44.69 on Friday. The firm’s 50 day simple moving average is $44.86 and its 200-day simple moving average is $43.63. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.73 and a current ratio of 0.73. Artisan Partners Asset Management has a one year low of $37.89 and a one year high of $49.54. The firm has a market cap of $3.59 billion, a PE ratio of 12.45 and a beta of 1.80.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on APAM shares. TD Cowen lifted their target price on Artisan Partners Asset Management from $41.00 to $43.00 and gave the company a “hold” rating in a research report on Thursday, October 31st. StockNews.com raised shares of Artisan Partners Asset Management from a “hold” rating to a “buy” rating in a research note on Tuesday, November 5th. Finally, Evercore ISI increased their target price on shares of Artisan Partners Asset Management from $40.00 to $44.00 and gave the stock an “in-line” rating in a report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Artisan Partners Asset Management presently has a consensus rating of “Hold” and an average target price of $44.13.

Artisan Partners Asset Management Company Profile

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.