Apollo Global Management Inc (NYSE: APO) has a higher price-to-earnings ratio of 17.29x compared to its average ratio, The 36-month beta value for APO is at 1.60. Analysts have varying views on the stock, with 9 analysts rating it as a “buy,” 6 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for APO is 397.68M, and currently, shorts hold a 6.87% of that float. The average trading volume for APO on November 19, 2024 was 2.93M shares.
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APO) stock’s latest price update
The stock of Apollo Global Management Inc (NYSE: APO) has increased by 0.42 when compared to last closing price of 163.63.Despite this, the company has seen a loss of -1.46% in its stock price over the last five trading days. globenewswire.com reported 2024-11-18 that NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that funds associated with its Impact and Clean Transition strategies (the “Apollo Funds”) have acquired a majority stake in The State Group (“TSG” or the “Company”) from Blue Wolf Capital (“Blue Wolf”). Blue Wolf will retain a minority stake in the business, alongside existing management shareholders.
APO’s Market Performance
APO’s stock has fallen by -1.46% in the past week, with a monthly rise of 13.31% and a quarterly rise of 49.58%. The volatility ratio for the week is 2.00% while the volatility levels for the last 30 days are 2.20% for Apollo Global Management Inc The simple moving average for the last 20 days is 7.42% for APO’s stock, with a simple moving average of 37.65% for the last 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 18.56% 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 unable to rebound, for now settling with -2.58% of loss for the given period.
Volatility was left at 2.20%, however, over the last 30 days, the volatility rate increased by 2.00%, as shares surge +13.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +52.72% upper at present.
During the last 5 trading sessions, APO fell by -1.46%, which changed the moving average for the period of 200-days by +59.32% in comparison to the 20-day moving average, which settled at $152.96. In addition, Apollo Global Management Inc saw 76.32% 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 0.18. The total capital return value is set at 0.36. 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 0.35 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 0.55. The interest coverage ratio of the stock is 41.89.
Currently, EBITDA for the company is 9.12 billion with net debt to EBITDA at -0.75. When we switch over and look at the enterprise to sales, we see a ratio of 2.7.
Conclusion
In conclusion, Apollo Global Management Inc (APO) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
