Apollo Global Management Inc. (NYSE: APO) is 7.92% higher on its value in year-to-date trading and has touched a low of $45.62 and a high of $71.72 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The APO stock was last observed hovering at around $67.07 in the last trading session, with the day’s gains setting it 1.77% off its average median price target of $75.00 for the next 12 months. It is also 23.51% off the consensus price target high of $90.00 offered by 16 analysts, but current levels are -14.73% lower than the price target low of $60.00 for the same period.
Currently trading at $68.84, the stock is 5.26% and 6.43% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.83 million and changing 2.64% at the moment leaves the stock 21.12% off its SMA200. APO registered 2.75% gain for a year compared to 6-month gain of 27.62%.
The stock witnessed a 9.79% loss in the last 1 month and extending the period to 3 months gives it a 40.06%, and is -1.25% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.05% over the week and 2.61% over the month.
Apollo Global Management Inc. (APO) has around 2153 employees, a market worth around $38.64B and $7.32B in sales. Fwd P/E is 10.16. Profit margin for the company is -48.70%. Distance from 52-week low is 50.90% and -4.02% from its 52-week high. The company has generated returns on investments over the last 12 months (7.30%).
Apollo Global Management Inc. (APO) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Apollo Global Management Inc. (APO) is a “Overweight”. 16 analysts offering their recommendations for the stock have an average rating of 2.20, where 6 rate it as a Hold and 2 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Apollo Global Management Inc. is expected to release its quarterly report on 05/03/2023.The EPS is expected to grow by 16.20% this year.
Apollo Global Management Inc. (APO) Top Institutional Holders
The shares outstanding are 584.30M, and float is at 328.48M with Short Float at 2.61%.
Apollo Global Management Inc. (APO) Insider Activity
A total of 40 insider transactions have happened at Apollo Global Management Inc. (APO) in the last six months, with sales accounting for 23 and purchases happening 17 times. The most recent transaction is an insider sale by Kelly Martin,the company’sChief Financial Officer. SEC filings show that Kelly Martin sold 20,000 shares of the company’s common stock on Nov 15 at a price of $64.88 per share for a total of $1.3 million. Following the sale, the insider now owns 0.43 million shares.
Apollo Global Management Inc. disclosed in a document filed with the SEC on Aug 30 that Clayton Walter Joseph III (Director) bought a total of 5,000 shares of the company’s common stock. The trade occurred on Aug 30 and was made at $56.07 per share for $0.28 million. Following the transaction, the insider now directly holds 29737.0 shares of the APO stock.
Still, SEC filings show that on Aug 12, Kelly Martin (Chief Financial Officer) disposed off 20,000 shares at an average price of $60.86 for $1.22 million. The insider now directly holds 484,275 shares of Apollo Global Management Inc. (APO).