Gaining Ground: Apollo Global Management Inc (APO) Closes Lower at 117.67, Down -1.97

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The price of Apollo Global Management Inc (NYSE: APO) closed at $117.67 in the last session, down -1.97% from day before closing price of $120.04. In other words, the price has decreased by -$1.97 from its previous closing price. On the day, 1.81 million shares were traded. APO stock price reached its highest trading level at $120.8 during the session, while it also had its lowest trading level at $118.985.

Ratios:

We take a closer look at APO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.51. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 68166684672 and an Enterprise Value of 80288669696. As of this moment, Apollo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.13, and their Forward P/E ratio for the next fiscal year is 13.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.68 while its Price-to-Book (P/B) ratio in mrq is 5.00. Its current Enterprise Value per Revenue stands at 2.385.

Stock Price History:

Over the past 52 weeks, APO has reached a high of $120.18, while it has fallen to a 52-week low of $73.77. The 50-Day Moving Average of the stock is 2.81%, while the 200-Day Moving Average is calculated to be 15.43%.

Shares Statistics:

According to the various share statistics, APO traded on average about 2.43M shares per day over the past 3-months and 3721330 shares per day over the past 10 days. 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 42.67% stake in the company. Shares short for APO as of 1718323200 were 18471482 with a Short Ratio of 7.59, 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

The forward annual dividend rate for APO is 1.75, which was 1.753 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.014603466The stock’s 5-year Average Dividend Yield is 3.48.

Earnings Estimates

Its stock is currently analyzed by 15.0 different market analysts. On average, analysts expect EPS of $1.79 for the current quarter, with a high estimate of $1.89 and a low estimate of $1.64, while EPS last year was $1.7. The consensus estimate for the next quarter is $1.95, with high estimates of $2.07 and low estimates of $1.86.

Analysts are recommending an EPS of between $7.84 and $7.25 for the fiscal current year, implying an average EPS of $7.53. EPS for the following year is $9.04, with 16.0 analysts recommending between $9.42 and $8.75.

Revenue Estimates

According to 3 analysts, the current quarter’s revenue is expected to be $3.88B. It ranges from a high estimate of $3.93B to a low estimate of $3.8B. As of the current estimate, Apollo Global Management Inc’s year-ago sales were $13.7BFor the next quarter, 3 analysts are estimating revenue of $4.04B. There is a high estimate of $4.06B for the next quarter, whereas the lowest estimate is $4.02B.

A total of 4 analysts have provided revenue estimates for APO’s current fiscal year. The highest revenue estimate was $17.09B, while the lowest revenue estimate was $14.95B, resulting in an average revenue estimate of $15.8B. In the same quarter a year ago, actual revenue was $32.64BBased on 6 analysts’ estimates, the company’s revenue will be $18.22B in the next fiscal year. The high estimate is $22.1B and the low estimate is $15.47B.

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