Apollo Global Management Inc (APO) concluded trading on 11/22/23 at a closing price of $90.20, with 2.82 million shares of worth about $254.36 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 43.24% during that period and on Wednesday the price saw a gain of about 2.55%. Currently the company’s common shares owned by public are about 570.28M shares, out of which, 395.53M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 16 analysts are covering the APO stock and their offered price forecasts bring an average price target of $97.92. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $106.00 and could fall to a lowest price of $89.00. The stock’s current price level is 7.88% above of average price target set by the analysts, while a rise to estimated low would result in loss of -1.35% for the stock. However, touching the estimated high of $106.00 would mean a gain of 14.91% for the stock.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 110 times over the past 12 months. They bought 1,979,267 shares in 28 of the transactions. In 82 selling transactions, insiders dumped 7,457,996 shares.
Apollo Global Management Inc (NYSE: APO) started trading at $88.95, above $0.99 from concluding price of the previous day. However, the stock later moved at a day high price of 90.41, or with a gain of 2.55%. Stock saw a price change of 3.71% in past 5 days and over the past one month there was a price change of 7.38%. Year-to-date (YTD), APO shares are showing a performance of 41.40% which increased to 44.00% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $55.16 but also hit the highest price of $93.18 during that period. The average intraday trading volume for Apollo Global Management Inc shares is 2.33 million. The stock is currently trading 7.09% above its 20-day simple moving average (SMA20), while that difference is up 3.68% for SMA50 and it goes to 19.30% higher than SMA200.
Apollo Global Management Inc (NYSE: APO) currently have 570.28M outstanding shares and institutions hold larger chunk of about 41.17% of that.
The stock has a current market capitalization of $71.25B and its 3Y-monthly beta is at 1.64. PE ratio of stock for trailing 12 months is 18.98, while it has posted earnings per share of $4.75 in the same period. Its PEG reads 0.90 while making debt-to-equity ratio of 1.37. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for APO, volatility over the week remained 1.96% while standing at 2.65% over the month.
Analysts are in expectations that Apollo Global Management Inc (APO) stock would likely to be making an EPS of $1.75 in the current quarter, while forecast for next quarter EPS is $1.84 and it is $7.99 for next year. For the current quarter EPS, analysts have given the company a lowest target $1.64 which is $1.81 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $1.42 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 26.12% while it is estimated to increase by 21.88% in next year.
Analysts at 16 brokerage firms have issued recommendations for the Apollo Global Management Inc (APO)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.88. Out of those 16 Wall Street analysts, 8 recommended a “Buy” rating, while 6 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
