Are Smart Investors Making the Right Decision? Apollo Global Management Inc (APO)

With 2.93 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.37 million shares. During the session, the Asset Management company that operates in wider Financial sector, reached to the highest price of $113.7545 whereas the lowest price it dropped to was $110.2. The 52-week range on APO shows that it touched its highest point at $117.15 and its lowest point at $59.89 during that stretch. It currently has a 1-year price target of $125.00. With its current market cap of 89.57 billion, APO has annualized dividend of $1.72 while the current yield stands at 1.52%. APO paid its most recent dividend on 1708041600, while the ex-dividend date for that was 1715817600. Beta for the stock currently stands at 1.61.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of APO was up-trending over the past week, with a rise of 4.43%, but this was down by -2.48% over a month. Three-month performance surged to 8.34% while six-month performance rose 33.11%. The stock gained 86.98% in the past year, while it has gained 21.45% so far this year. A look at the trailing 12-month EPS for APO yields 8.99 with Next year EPS estimates of 9.06. For the next quarter, that number is 1.79. This implies an EPS growth rate of 12.26% for this year and 19.70% for next year.

Float and Shares Shorts:

At present, 567.76 million APO shares are outstanding with a float of 399.05 million shares on hand for trading. On 2024-04-15, short shares totaled 17.13 million, which was 301.0 higher than short shares on 1710460800. In addition to Mr. Marc Jeffrey Rowan as the firm’s Co-Founder, CEO & Director, Mr. Martin Bernard Kelly serves as its CFO & Partner.

Institutional Ownership:

Through their ownership of 0.60173 of APO’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, APO reported revenue of $11046000000.0 and operating income of $2104000000.0. The EBITDA in the recently reported quarter was $2398000000.0 and diluted EPS was $4.65.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for APO since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.