Ares Management Corp (NYSE: ARES) is -4.71% 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 $175.83 in the last trading session, with the day’s loss setting it -7.13%.
Currently trading at $168.70, the stock is 7.32% and 13.39% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.11 million and changing -4.06% at the moment leaves the stock 3.83% off its SMA200. ARES registered 20.37% gain for a year compared to 6-month loss of -1.56%.
The stock witnessed a 19.37% gain in the last 1 month and extending the period to 3 months gives it a -8.51%, and is 1.72% up 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 2.76% over the week and 3.33% over the month.
Ares Management Corp (ARES) has around 3200 employees, a market worth around $55.09B and $4.64B in sales. Current P/E ratio is 97.50 and Fwd P/E is 26.03. Profit margin for the company is 7.66%. Distance from 52-week low is 52.49% and -15.85% from its 52-week high. The company has generated returns on investments over the last 12 months (2.00%).
with sales reaching $1.02B over the same period.The EPS is expected to grow by 29.85% this year, but quarterly earnings will post 33.37% year-over-year. Quarterly sales are estimated to grow 38.04% in year-over-year returns.
The shares outstanding are 214.90M, and float is at 202.11M with Short Float at 3.08%.
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 9.1828 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 8.8715 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
Still, SEC filings show that on May 15 ’25, ATTICUS ENTERPRISES LLC (Director) Proposed Sale 590,000 shares at an average price of $175.83 for $103.74 million. The insider now directly holds shares of Ares Management Corp (ARES).
