For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $182.81 in the prior trading day, Ares Management Corp (NYSE: ARES) closed at $184.39, up 0.86%. In other words, the price has increased by $0.86 from its previous closing price. On the day, 0.97 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ARES by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 34.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.04. In the meantime, Its Debt-to-Equity ratio is 6.95 whereas as Long-Term Debt/Eq ratio is at 6.94.
On December 20, 2024, Keefe Bruyette Upgraded its rating to Outperform which previously was Mkt Perform and also upped its target price recommendation from $166 to $202.
Wells Fargo Upgraded its Equal Weight to Overweight on December 12, 2024, while the target price for the stock was maintained at $212.
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 Feb 06 ’25 when deVeer R. Kipp sold 78,933 shares for $190.02 per share. The transaction valued at 14,998,894 led to the insider holds 1,150,000 shares of the business.
ROBERT KIPP DEVEER bought 78,933 shares of ARES for $14,969,643 on Feb 06 ’25. On Dec 11 ’24, another insider, Berry Ryan, who serves as the Chief Mktg. & Strategy Officer of the company, sold 14,357 shares for $180.16 each. As a result, the insider received 2,586,557 and left with 233,214 shares of the company.
Valuation Measures:
As of this moment, Ares’s Price-to-Earnings (P/E) ratio for their current fiscal year is 89.68, and their Forward P/E ratio for the next fiscal year is 27.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.69 while its Price-to-Book (P/B) ratio in mrq is 17.93.
Stock Price History:
Over the past 52 weeks, ARES has reached a high of $200.49, while it has fallen to a 52-week low of $125.23. The 50-Day Moving Average of the stock is 0.29%, while the 200-Day Moving Average is calculated to be 16.66%.
Shares Statistics:
A total of 201.88M shares are outstanding, with a floating share count of 187.07M. Insiders hold about 7.34% of the company’s shares, while institutions hold 89.16% stake in the company.
