Ares Management Corp (NYSE: ARES) is -30.40% lower on its value in year-to-date trading and has touched a low of $110.63 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 $124.73 in the last trading session, with the day’s loss setting it -1.52%.
Currently trading at $123.21, the stock is -14.06% and -24.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.72 million and changing -1.22% at the moment leaves the stock -23.42% off its SMA200. ARES registered -8.16% loss for a year compared to 6-month loss of -23.18%. The firm has a 50-day simple moving average (SMA 50) of $164.0352 and a 200-day simple moving average (SMA200) of $160.8968.
The stock witnessed a -12.77% gain in the last 1 month and extending the period to 3 months gives it a -31.66%, and is -17.55% 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 11.06% over the week and 5.59% over the month.
Ares Management Corp (ARES) has around 3200 employees, a market worth around $38.86B and $4.22B in sales. Current P/E ratio is 61.03 and Fwd P/E is 18.73. Profit margin for the company is 9.73%. Distance from 52-week low is 11.37% and -38.54% from its 52-week high. The company has generated returns on investments over the last 12 months (2.48%).
with sales reaching $911.5M over the same period.The EPS is expected to grow by 29.20% this year, but quarterly earnings will post 31.70% year-over-year. Quarterly sales are estimated to grow 20.66% in year-over-year returns.
Ares Management Corp (ARES) Top Institutional Holders
975.0 institutions hold shares in Ares Management Corp (ARES), with institutional investors hold 90.41% of the company’s shares. The shares outstanding are 199.87M, and float is at 192.08M with Short Float at 2.11%. Institutions hold 79.14% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 18.02 million shares valued at $2.4 billion. The investor’s holdings represent 9.3553% of the ARES Shares outstanding. As of 2024-06-30, the second largest holder is WELLINGTON MANAGEMENT GROUP LLP with 18.65 million shares valued at $2.49 billion to account for 9.1828 of the shares outstanding. The other top investors are SUMITOMO MITSUI FINANCIAL GROUP, INC. which holds 13.36 million shares representing 6.5795% and valued at over $1.78 billion, while BLACKROCK INC. holds 6.325 of the shares totaling 12.85 million with a market value of $1.71 billion.
Ares Management Corp (ARES) Insider Activity
The most recent transaction is an insider sale by Arougheti Michael J, the company’s Co-Founder and CEO. SEC filings show that Arougheti Michael J sold 110,845 shares of the company’s common stock on Mar 24 ’25 at a price of $153.17 per share for a total of $16.98 million. Following the sale, the insider now owns 1.4 million shares.
Still, SEC filings show that on Mar 11 ’25, BHUTANI ASHISH (Director) acquired 10,000 shares at an average price of $141.33 for $1.41 million. The insider now directly holds 22,905 shares of Ares Management Corp (ARES).
