Apollo Global Management Inc (NYSE: APO) has experienced a rise in its stock price by 2.93 compared to its previous closing price of 162.00. However, the company has seen a gain of 19.59% in its stock price over the last five trading days. globenewswire.com reported 2024-11-11 that Adds the country’s leading gastroenterology (GI) management services organization (MSO) to Cardinal Health’s Specialty portfolio supporting over 900 physicians in 345 practices in 20 states Adds the country’s leading gastroenterology (GI) management services organization (MSO) to Cardinal Health’s Specialty portfolio supporting over 900 physicians in 345 practices in 20 states
Is It Worth Investing in Apollo Global Management Inc (NYSE: APO) Right Now?
The price-to-earnings ratio for Apollo Global Management Inc (NYSE: APO) is above average at 17.55x. The 36-month beta value for APO is also noteworthy at 1.60. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 6 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for APO is 397.76M, and at present, short sellers hold a 5.51% of that float. The average trading volume of APO on November 12, 2024 was 2.88M shares.
APO’s Market Performance
The stock of Apollo Global Management Inc (APO) has seen a 19.59% increase in the past week, with a 18.93% rise in the past month, and a 59.40% gain in the past quarter. The volatility ratio for the week is 3.20%, and the volatility levels for the past 30 days are at 2.10% for APO. The simple moving average for the past 20 days is 12.74% for APO’s stock, with a 41.55% simple moving average for the past 200 days.
Analysts’ Opinion of APO
Many brokerage firms have already submitted their reports for APO stocks, with Wolfe Research repeating the rating for APO by listing it as a “Outperform.” The predicted price for APO in the upcoming period, according to Wolfe Research is $139 based on the research report published on September 25, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see APO reach a price target of $132. The rating they have provided for APO stocks is “Overweight” according to the report published on September 12th, 2024.
Redburn Atlantic gave a rating of “Buy” to APO, setting the target price at $153 in the report published on August 27th of the current year.
APO Trading at 25.29% from the 50-Day Moving Average
After a stumble in the market that brought APO to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.02% of gains for the given period.
Volatility was left at 2.10%, however, over the last 30 days, the volatility rate increased by 3.20%, as shares surge +17.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +44.09% upper at present.
During the last 5 trading sessions, APO rose by +19.59%, which changed the moving average for the period of 200-days by +66.23% in comparison to the 20-day moving average, which settled at $147.91. In addition, Apollo Global Management Inc saw 78.94% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at APO starting from MJH Partners III LLC, who proposed sale 250,000 shares at the price of $149.27 back on Nov 06 ’24. After this action, MJH Partners III LLC now owns shares of Apollo Global Management Inc, valued at $37,317,500 using the latest closing price.
MJH Partners III LLC, the Affiliate of Apollo Global Management Inc, proposed sale 250,000 shares at $139.43 during a trade that took place back on Nov 05 ’24, which means that MJH Partners III LLC is holding shares at $34,857,500 based on the most recent closing price.
Stock Fundamentals for APO
Current profitability levels for the company are sitting at:
- 0.39 for the present operating margin
- 0.93 for the gross margin
The net margin for Apollo Global Management Inc stands at 0.23. The total capital return value is set at 0.04. Equity return is now at value 44.00, with 1.78 for asset returns.
Based on Apollo Global Management Inc (APO), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 0.47. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is 41.89.
Currently, EBITDA for the company is 7.26 billion with net debt to EBITDA at -0.36. When we switch over and look at the enterprise to sales, we see a ratio of 2.81. The receivables turnover for the company is 3.97for trailing twelve months and the total asset turnover is 0.11.
Conclusion
In summary, Apollo Global Management Inc (APO) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
