AllianceBernstein Holding L.P. (AB)
Stock Price:
$27.61 USD
-0.62 (-2.20%)
Updated Aug 4, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
2.66B |
| Revenue (ttm) |
287.75M |
| Net Income (ttm) |
259.04M |
| Shares Out |
96.33M |
| EPS (ttm) |
2.69 |
| PE Ratio |
10.26 |
| Forward PE |
11.76 |
| Dividend |
$2.44 |
| Dividend Yield |
8.84% |
Stock Quote
| Trading Day |
Aug 4, 2020 |
| Last Price |
$27.61 |
| Previous Close |
$28.23 |
| Change ($) |
-0.62 |
| Change (%) |
-2.20% |
| Day's Open |
28.23 |
| Day's Range |
27.50 - 28.41 |
| Day's Volume |
288,242 |
| 52-Week Range |
13.24 - 36.06 |
More Stats
| Market Cap |
2.66B |
| Enterprise Value |
n/a |
| Earnings Date (est) |
Oct 21, 2020 |
| Ex-Dividend Date |
Jul 31, 2020 |
| Shares Outstanding |
96.33M |
| Float |
93.42M |
| EPS (basic) |
2.68 |
| EPS (diluted) |
2.69 |
| FCF / Share |
2.65 |
| Dividend |
$2.44 |
| Dividend Yield |
8.84% |
| Earnings Yield |
9.74% |
| FCF Yield |
9.71% |
| Payout Ratio |
100.00% |
| Shares Short |
726,461 |
| Short Ratio |
2.06 |
| Short % of Float |
0.77% |
| Beta |
1.52 |
| PE Ratio |
10.26 |
| Forward PE |
11.76 |
| P/FCF Ratio |
10.29 |
| PS Ratio |
9.25 |
| PB Ratio |
1.84 |
| Revenue |
287.75M |
| Operating Income |
287.75M |
| Net Income |
259.04M |
| Free Cash Flow |
258.65M |
| Net Cash |
n/a |
| Net Cash / Share |
0.00 |
| Gross Margin |
92.54% |
| Operating Margin |
100.00% |
| Profit Margin |
90.00% |
| FCF Margin |
89.89% |
| ROA |
12.16% |
| ROE |
17.53% |
| ROIC |
19.10% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (8)
| Buy |
4 |
| Overweight |
0 |
| Hold |
4 |
| Underweight |
0 |
| Sell |
0 |
Analyst Consensus: Overweight
Price Target
$30.93*
(12.02% upside)
Low
26.0
Current: $27.61
High
34.5
Target: 30.93
*Average 12-month price target from 7 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 266 | 271 | 232 | 239 | 210 | 201 | 186 | 70.81 | -65.58 | 162 |
| Revenue Growth | -1.61% | 16.46% | -2.92% | 13.95% | 4.56% | 8.08% | 162.56% | - | - | - |
| Gross Profit | 266 | 271 | 232 | 239 | 210 | 201 | 186 | 70.81 | -65.58 | 162 |
| Operating Income | 266 | 271 | 232 | 239 | 210 | 201 | 186 | 70.81 | -65.58 | 162 |
| Net Income | 239 | 242 | 207 | 217 | 186 | 178 | 166 | 51.09 | -93.27 | 134 |
| Shares Outstanding | 95.99 | 96.37 | 93.63 | 94.82 | 97.77 | 97.16 | 92.07 | 105 | 105 | 102 |
| Earnings Per Share | 2.49 | 2.50 | 2.19 | 2.23 | 1.86 | 1.84 | 1.71 | 0.51 | -0.90 | 1.32 |
| EPS Growth | -0.4% | 14.16% | -1.79% | 19.89% | 1.09% | 7.6% | 235.29% | - | - | - |
| Dividend Per Share | 2.32 | 2.88 | 2.13 | 1.75 | 1.93 | 1.89 | 1.59 | 0.95 | 1.44 | 1.51 |
| Dividend Growth | -19.44% | 35.21% | 21.71% | -9.33% | 2.12% | 18.87% | 67.37% | -34.03% | -4.64% | - |
| Operating Cash Flow | 223 | 279 | 202 | 170 | 193 | 181 | 155 | 99.94 | 151 | 154 |
| Free Cash Flow | 223 | 279 | 202 | 170 | 193 | 181 | 155 | 99.94 | 151 | 154 |
| Cash & Equivalents | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Cash / Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Assets | 1,554 | 1,491 | 1,545 | 1,541 | 1,576 | 1,628 | 1,534 | 1,566 | 1,629 | 1,788 |
| Liabilities | 1.73 | 0.64 | 1.15 | 0.62 | 0.27 | 0.38 | 0.78 | 6.41 | 2.81 | 0.46 |
| Book Value | 1,553 | 1,490 | 1,544 | 1,540 | 1,576 | 1,628 | 1,533 | 1,560 | 1,626 | 1,787 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
AllianceBernstein Holding L.P. |
| Country |
United States |
| Employees |
3,811 |
| CEO |
Seth Perry Bernstein |
Stock Information
| Ticker Symbol |
AB |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Financial Services |
| Industry |
Asset Management |
| Unique Identifier |
NYSE: AB |
| IPO Date |
April 14, 1988 |
Description
AllianceBernstein Holding L.P. is publicly owned investment manager. The firm also provides research services to its clients. It provides its services to investment companies, pension and profit sharing plans, banks and thrift institutions, trusts, estates, government agencies, charitable organizations, individuals, corporations, and other business entities. The firm invests in public equity, fixed income, and alternative investment markets across the globe. It employs long/short strategy to make its investments. The firm conducts in-house research to make its investments. AllianceBernstein Holding L.P. was founded in 1987 and is based in New York, New York.