AllianceBernstein Financials

AB Stock  USD 36.39  0.12  0.33%   
Based on the analysis of AllianceBernstein's profitability, liquidity, and operating efficiency, AllianceBernstein Holding LP may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, AllianceBernstein's Property Plant And Equipment Gross is projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 1.8 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 85.7 M. Key indicators impacting AllianceBernstein's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.420.51
Significantly Down
Slightly volatile
Investors should never underestimate AllianceBernstein's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor AllianceBernstein's cash flow, debt, and profitability to make informed and accurate decisions about investing in AllianceBernstein Holding LP.

Net Income

202.89 Million

  
Understanding current and past AllianceBernstein Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of AllianceBernstein's financial statements are interrelated, with each one affecting the others. For example, an increase in AllianceBernstein's assets may result in an increase in income on the income statement.
Please note, the presentation of AllianceBernstein's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, AllianceBernstein's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of AllianceBernstein's management manipulating its earnings.

AllianceBernstein Stock Summary

AllianceBernstein competes with Brightsphere Investment, Affiliated Managers, Bain Capital, BlackRock Capital, and Carlyle Secured. AllianceBernstein Holding L.P. is publicly owned investment manager. AllianceBernstein Holding L.P. was founded in 1987 and is based in New York, New York. Alliancebernstein operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs 4118 people.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS01881G1067
CUSIP01881G106 01855A101 018548107
LocationNew York; U.S.A
Business Address501 Commerce Street,
SectorCapital Markets
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.alliancebernstein.com
Phone615 622 0000
CurrencyUSD - US Dollar

AllianceBernstein Key Financial Ratios

AllianceBernstein Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.6B1.6B2.1B2.1B1.4B
Net Debt(679.7M)(1.0B)(1.3K)(40.8M)(153.0M)(160.7M)
Cash679.7M1.0B1.3K40.8M153.0M145.4M
Other Current Assets144.4M529.3M415.1M(394.77)(355.29)(337.53)
Total Liab1.7M1.9M2.1M1.6M1.3M1.2M
Total Current Assets1.8B2.8B1.3K124.2M153.0M145.4M
Other Current Liab412.3M192.1M675.017.8M20.5M19.4M
Common Stock1.6B1.7B1.7B2.2B2.1B1.6B
Intangible Assets55.4M44.5M41.53303M4.1M3.9M
Good Will3.1B3.1B3.1K671.2M159.8M151.8M
Other Liab1.7M1.9M2.1M1.6M1.9M1.3M
Net Tangible Assets1.6B1.6B1.6B2.1B2.4B1.8B
Capital Stock1.6B1.7B1.7B2.2B2.1B2.0B

AllianceBernstein Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense57.2M15.7M3.7M66.4M107.5M112.9M
Operating Income266.3M308.4M416.3M937.9M(1.8B)(1.7B)
Ebit773.9M270.6M266.3M308.4M416.3M0.0
Ebitda266.3M308.4M416.3M1.0B1.0B1.1B
Net Income238.6M279.4M385.8M274.2M264.2M202.9M
Income Tax Expense27.7M29.0M30.5M31.3M35.6M23.6M
Total Revenue266.3M308.4M416.3M305.5M299.8M284.8M
Gross Profit(1.2B)(1.2B)(1.3B)(1.4B)(1.5B)(1.4B)
Income Before Tax266.3M308.4M416.3M305.5M299.8M240.9M
Cost Of Revenue1.5B1.5B1.7B1.7B1.5B1.5B
Tax Provision27.7M29.0M30.5M31.3M35.6M31.1M

AllianceBernstein Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash718.3M(269.9M)302.1M(67.0M)(148.1M)(140.7M)
Free Cash Flow194.5M228.5M293.2M300.3M260.3M157.8M
Other Non Cash Items(16.8M)(9.5M)(31.1M)(182.1M)30.1M31.6M
Dividends Paid222.5M270.9M357.5M361.0M296.1M223.5M
Capital Expenditures28.3M41.5M61.9M62.3M33.6M23.7M
Net Income238.6M279.4M385.8M274.2M264.2M213.7M
End Period Cash Flow0.01.1B1.4B1.3B1.2B1.2B
Investments(16.6M)(11.5M)(147K)(3.4M)(1.8M)0.0
Change To Netincome146.5M107.4M151.1M76.2M87.7M107.2M

AllianceBernstein Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining AllianceBernstein's current stock value. Our valuation model uses many indicators to compare AllianceBernstein value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across AllianceBernstein competition to find correlations between indicators driving AllianceBernstein's intrinsic value. More Info.
AllianceBernstein Holding LP is rated second in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.21  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for AllianceBernstein Holding LP is roughly  4.74 . At present, AllianceBernstein's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the AllianceBernstein's earnings, one of the primary drivers of an investment's value.

AllianceBernstein Systematic Risk

AllianceBernstein's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. AllianceBernstein volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on AllianceBernstein correlated with the market. If Beta is less than 0 AllianceBernstein generally moves in the opposite direction as compared to the market. If AllianceBernstein Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one AllianceBernstein is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of AllianceBernstein is generally in the same direction as the market. If Beta > 1 AllianceBernstein moves generally in the same direction as, but more than the movement of the benchmark.

AllianceBernstein Thematic Clasifications

AllianceBernstein Holding LP is part of Trading investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Trading industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
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Today, most investors in AllianceBernstein Stock are looking for potential investment opportunities by analyzing not only static indicators but also various AllianceBernstein's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of AllianceBernstein growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.97)

At present, AllianceBernstein's Price Earnings To Growth Ratio is projected to decrease significantly based on the last few years of reporting.

AllianceBernstein December 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of AllianceBernstein help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of AllianceBernstein Holding LP. We use our internally-developed statistical techniques to arrive at the intrinsic value of AllianceBernstein Holding LP based on widely used predictive technical indicators. In general, we focus on analyzing AllianceBernstein Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build AllianceBernstein's daily price indicators and compare them against related drivers.

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When running AllianceBernstein's price analysis, check to measure AllianceBernstein's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AllianceBernstein is operating at the current time. Most of AllianceBernstein's value examination focuses on studying past and present price action to predict the probability of AllianceBernstein's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AllianceBernstein's price. Additionally, you may evaluate how the addition of AllianceBernstein to your portfolios can decrease your overall portfolio volatility.
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