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In the latest session, Apollo Global Management Inc (NYSE: APO) closed at $111.32 down -3.81% from its previous closing price of $115.73. In other words, the price has decreased by -$3.81 from its previous closing price. On the day, 3.06 million shares were traded. APO stock price reached its highest trading level at $114.745 during the session, while it also had its lowest trading level at $110.71.
Ratios:
For a deeper understanding of Apollo Global Management Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.67. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.64.
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 this company, Redburn Atlantic on August 27, 2024, initiated with a Buy rating and assigned the stock a target price of $153.
On August 06, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $123.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 23 ’24 when Zelter James C sold 83,866 shares for $110.14 per share. The transaction valued at 9,236,763 led to the insider holds 781,722 shares of the business.
Zelter James C sold 16,134 shares of APO for $1,777,248 on Aug 23 ’24. The Co-President now owns 5,706,477 shares after completing the transaction at $110.16 per share. On Aug 23 ’24, another insider, JAMES C. ZELTER 2023 GRAT NO. , who serves as the Affiliate of the company, bought 83,866 shares for $110.14 each.
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 63400525824 and an Enterprise Value of 80541556736. As of this moment, Apollo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.95, and their Forward P/E ratio for the next fiscal year is 12.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.27 while its Price-to-Book (P/B) ratio in mrq is 4.57. Its current Enterprise Value per Revenue stands at 3.103.
Stock Price History:
Over the past 52 weeks, APO has reached a high of $126.45, while it has fallen to a 52-week low of $77.11. The 50-Day Moving Average of the stock is -3.36%, while the 200-Day Moving Average is calculated to be 3.28%.
Shares Statistics:
For the past three months, APO has traded an average of 2.86M shares per day and 2062450 over the past ten days. A total of 567.76M shares are outstanding, with a floating share count of 401.14M. Insiders hold about 49.35% of the company’s shares, while institutions hold 43.87% stake in the company. Shares short for APO as of 1723680000 were 20600363 with a Short Ratio of 7.20, compared to 1721001600 on 19119133. Therefore, it implies a Short% of Shares Outstanding of 20600363 and a Short% of Float of 3.95.
Dividends & Splits
According to the company, the forward annual dividend rate for APO is 1.78, from 1.785 in the trailing year. Against a Trailing Annual Dividend Yield of 0.015423831The stock’s 5-year Average Dividend Yield is 3.34.
Earnings Estimates
The dynamic stock of Apollo Global Management Inc (APO) is currently attracting attention from 14.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is $1.9, with high estimates of $2.05 and low estimates of $1.71.
Analysts are recommending an EPS of between $7.28 and $6.74 for the fiscal current year, implying an average EPS of $7.03. EPS for the following year is $8.57, with 15.0 analysts recommending between $9.19 and $7.86.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $4.05B this quarter.It ranges from a high estimate of $4.11B to a low estimate of $4B. As of the current estimate, Apollo Global Management Inc’s year-ago sales were $2.6BFor the next quarter, 3 analysts are estimating revenue of $4.24B. There is a high estimate of $4.34B for the next quarter, whereas the lowest estimate is $4.13B.
A total of 3 analysts have provided revenue estimates for APO’s current fiscal year. The highest revenue estimate was $16.4B, while the lowest revenue estimate was $15.21B, resulting in an average revenue estimate of $15.81B. In the same quarter a year ago, actual revenue was $32.64BBased on 5 analysts’ estimates, the company’s revenue will be $18.25B in the next fiscal year. The high estimate is $21.15B and the low estimate is $15.59B.
