Closing Bell Recap: Apollo Global Management Inc (APO) Ends at 115.92, Reflecting a -2.37 Downturn

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Apollo Global Management Inc (NYSE: APO) closed the day trading at $115.92 down -2.37% from the previous closing price of $118.74. In other words, the price has decreased by -$2.37 from its previous closing price. On the day, 2.13 million shares were traded. APO stock price reached its highest trading level at $119.01 during the session, while it also had its lowest trading level at $115.71.

Ratios:

For a better understanding of APO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.31. In the meantime, Its Debt-to-Equity ratio is 0.65 whereas as Long-Term Debt/Eq ratio is at 0.62.

On January 04, 2024, TD Cowen started tracking the stock assigning a Outperform rating and target price of $115.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 08 ’24 when Kelly Martin sold 30,000 shares for $111.29 per share. The transaction valued at 3,338,687 led to the insider holds 359,445 shares of the business.

BLACK LEON D sold 450,000 shares of APO for $49,817,790 on Mar 19 ’24. The now owns 42,604,773 shares after completing the transaction at $110.71 per share. On Mar 01 ’24, another insider, KLEINMAN SCOTT, who serves as the Co-President of the company, sold 175,345 shares for $110.55 each. As a result, the insider received 19,384,143 and left with 4,692,393 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, APO now has a Market Capitalization of 65958944768 and an Enterprise Value of 79685525504. As of this moment, Apollo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.94, and their Forward P/E ratio for the next fiscal year is 12.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.64 while its Price-to-Book (P/B) ratio in mrq is 4.93. Its current Enterprise Value per Revenue stands at 2.367.

Stock Price History:

The Beta on a monthly basis for APO is 1.59, which has changed by 0.48691642 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. Over the past 52 weeks, APO has reached a high of $120.80, while it has fallen to a 52-week low of $73.77. The 50-Day Moving Average of the stock is 1.03%, while the 200-Day Moving Average is calculated to be 13.41%.

Shares Statistics:

Over the past 3-months, APO traded about 2.44M shares per day on average, while over the past 10 days, APO traded about 3514610 shares per day. A total of 567.76M shares are outstanding, with a floating share count of 405.36M. Insiders hold about 48.78% of the company’s shares, while institutions hold 42.68% stake in the company. Shares short for APO as of 1718323200 were 18471482 with a Short Ratio of 7.58, compared to 1715731200 on 18542012. Therefore, it implies a Short% of Shares Outstanding of 18471482 and a Short% of Float of 3.54.

Dividends & Splits

APO’s forward annual dividend rate is 1.75, up from 1.753 a year ago. Against a Trailing Annual Dividend Yield of 0.014763349The stock’s 5-year Average Dividend Yield is 3.48.

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