Ares Management Corp (NYSE: ARES) is -5.60% lower on its value in year-to-date trading and has touched a low of $125.23 and a high of $200.49 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ARES stock was last observed hovering at around $168.97 in the last trading session, with the day’s loss setting it -1.85%.
Currently trading at $167.12, the stock is -9.42% and -9.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing -1.09% at the moment leaves the stock 4.52% off its SMA200. ARES registered 27.28% gain for a year compared to 6-month gain of 13.72%.
The stock witnessed a -13.68% loss in the last 1 month and extending the period to 3 months gives it a -4.79%, and is -7.00% 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 3.71% over the week and 3.03% over the month.
Ares Management Corp (ARES) has around 2850 employees, a market worth around $52.32B and $4.22B in sales. Current P/E ratio is 81.28 and Fwd P/E is 25.29. Profit margin for the company is 9.92%. Distance from 52-week low is 33.45% and -16.64% from its 52-week high. The company has generated returns on investments over the last 12 months (2.54%).
with sales reaching $920.51M over the same period.The EPS is expected to grow by 31.24% this year, but quarterly earnings will post 37.74% year-over-year. Quarterly sales are estimated to grow 21.85% in year-over-year returns.
The shares outstanding are 201.88M, and float is at 186.40M with Short Float at 2.20%.
The top institutional shareholder in the company is WELLINGTON MANAGEMENT GROUP LLP with over 18.65 million shares valued at $2.49 billion. The investor’s holdings represent 9.6835 of the ARES Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 18.02 million shares valued at $2.4 billion to account for 9.3553 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 12.85 million shares representing 6.6699 and valued at over $1.71 billion, while SUMITOMO MITSUI FINANCIAL GROUP, INC. holds 6.5795 of the shares totaling 13.36 million with a market value of $1.78 billion.
Ares Management Corp (ARES) Insider Activity
The most recent transaction is an insider sale by deVeer R. Kipp, the company’s Co-President. SEC filings show that deVeer R. Kipp sold 78,933 shares of the company’s common stock on Feb 06 ’25 at a price of $190.02 per share for a total of $15.0 million. Following the sale, the insider now owns 1.15 million shares.
Still, SEC filings show that on Dec 11 ’24, Berry Ryan (Chief Mktg. & Strategy Officer) disposed off 14,357 shares at an average price of $180.16 for $2.59 million. The insider now directly holds 233,214 shares of Ares Management Corp (ARES).
