AllianceBernstein may be undervalued with mixed growth prospects, but the 5 analysts following the company give it an rating of hold. Their target prices range from $35.0 to $43.5 per share, for an average of $39.1. At today's price of $36.47, AllianceBernstein is trading -6.73% away from its average target price, suggesting there is an analyst consensus of some upside potential for the stock.
AllianceBernstein Holding L.P. is publicly owned investment manager. Based in Nashville, TN, the mid-cap Finance company has 4,436 full time employees. AllianceBernstein has provided a 8.4% dividend yield over the last 12 months.
AllianceBernstein has a trailing twelve month P/E ratio of 13.6, compared to an average of 14.34 for the Finance sector. Based on its EPS guidance of 3.36, the company has a forward P/E ratio of 10.9.
The average compound growth rate of the company's historical and projected earnings per share is 7.8%. On this basis, the company's PEG ratio is 1.78, which suggests that it is overpriced.
AllianceBernstein is overpriced compared to its book value, since its P/B ratio of 2.0 is higher than the sector average of 1.57. The company's shares are currently 4.4% below their Graham number, indicating that its shares have a margin of safety.
| 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | |
|---|---|---|---|---|
| Revenue (k) | $266,292 | $308,404 | $416,326 | $305,504 |
| Revenue Growth | n/a | 15.81% | 34.99% | -26.62% |
| Net Margins | 89.59% | 90.59% | 92.68% | 89.74% |
| Net Margins Growth | n/a | 1.12% | 2.31% | -3.17% |
| Earnings Per Share | $2.49 | $2.88 | $3.88 | $2.69 |
| EPS Growth | n/a | 15.66% | 34.72% | -30.67% |
| Diluted Shares (MM) | 96 | 97 | 100 | 114 |
| Free Cash Flow (k) | $222,755 | $270,014 | $355,109 | $362,614 |
| FCF Growth | n/a | 21.22% | 31.52% | 2.11% |
