As of close of business last night, Apollo Global Management Inc.’s stock clocked out at $57.61, down -3.60% from its previous closing price of $59.76. In other words, the price has decreased by -$2.15 from its previous closing price. On the day, 8564445 shares were traded. APO stock price reached its highest trading level at $58.13 during the session, while it also had its lowest trading level at $56.46.
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Ratios:
To gain a deeper understanding of APO’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 16.43 whereas as Long-Term Debt/Eq ratio is at 16.43.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Keefe Bruyette on February 10, 2023, Upgraded its rating to Outperform and sets its target price to $88 from $84 previously.
On January 03, 2023, Keefe Bruyette Downgraded its rating to Mkt Perform which previously was Outperform but kept the price unchanged to $77.
On October 19, 2022, Credit Suisse started tracking the stock assigning a Outperform rating and target price of $59.50.Credit Suisse initiated its Outperform rating on October 19, 2022, with a $59.50 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 22 when Kelly Martin sold 15,000 shares for $70.11 per share. The transaction valued at 1,051,694 led to the insider holds 425,120 shares of the business.
Kelly Martin sold 30,000 shares of APO for $2,113,101 on Feb 10. The Chief Financial Officer now owns 414,241 shares after completing the transaction at $70.44 per share. On Feb 01, another insider, Suydam John J, who serves as the Chief Legal Officer of the company, sold 33,334 shares for $72.00 each. As a result, the insider received 2,400,048 and left with 277,076 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.35 while its Price-to-Book (P/B) ratio in mrq is 84.72.
Stock Price History:
Over the past 52 weeks, APO has reached a high of $74.63, while it has fallen to a 52-week low of $45.62. The 50-Day Moving Average of the stock is 68.83, while the 200-Day Moving Average is calculated to be 59.63.
Shares Statistics:
It appears that APO traded 2.61M shares on average per day over the past three months and 5.25M shares per day over the past ten days. A total of 583.20M shares are outstanding, with a floating share count of 328.86M. Insiders hold about 2.10% of the company’s shares, while institutions hold 56.10% stake in the company. Shares short for APO as of Jan 30, 2023 were 8.58M with a Short Ratio of 8.85M, compared to 8.58M on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.50% and a Short% of Float of 1.77%.
Dividends & Splits
With its trailing 12-month dividend rate of 2.02, APO has a forward annual dividend rate of 1.60. Against a Trailing Annual Dividend Yield of 3.38%, it implies a Forward Annual Dividend Yield of 2.17%. The stock’s 5-year Average Dividend Yield is 4.72.
Earnings Estimates
As of right now, 13 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $1.56 for the current quarter, with a high estimate of $1.7 and a low estimate of $1.44, while EPS last year was $1.52. The consensus estimate for the next quarter is $1.65, with high estimates of $1.8 and low estimates of $1.55.
Analysts are recommending an EPS of between $7.46 and $6.4 for the fiscal current year, implying an average EPS of $6.74. EPS for the following year is $7.74, with 10 analysts recommending between $8.45 and $6.96.
Revenue Estimates
In the current quarter, 2 analysts expect revenue to total $824.17M. It ranges from a high estimate of $931.8M to a low estimate of $716.53M. As of the current estimate, Apollo Global Management Inc.’s year-ago sales were $937.3M, an estimated decrease of -12.10% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $973.78M, an increase of 18.10% over than the figure of -$12.10% in the same quarter last year. There is a high estimate of $1.2B for the next quarter, whereas the lowest estimate is $743.45M.
A total of 1 analysts have provided revenue estimates for APO’s current fiscal year. The highest revenue estimate was $4.77B, while the lowest revenue estimate was $4.77B, resulting in an average revenue estimate of $4.77B. In the same quarter a year ago, actual revenue was $4.02B, up 18.70% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $2.74B in the next fiscal year. The high estimate is $5.47B and the low estimate is $13.81M. The average revenue growth estimate for next year is down -42.50% from the average revenue estimate for this year.
