While Apollo Global Management Inc has underperformed by -0.18%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, APO rose by 64.22%, with highs and lows ranging from $117.15 to $57.50, whereas the simple moving average jumped by 14.49% in the last 200 days.
On February 28, 2024, JP Morgan started tracking Apollo Global Management Inc (NYSE: APO) recommending Overweight. A report published by TD Cowen on January 04, 2024, Initiated its previous ‘Outperform’ rating for APO. BMO Capital Markets also rated APO shares as ‘Outperform’, setting a target price of $108 on the company’s shares in an initiating report dated December 06, 2023. Citigroup initiated its ‘Buy’ rating for APO, as published in its report on May 19, 2023. Keefe Bruyette’s report from February 10, 2023 suggests a price prediction of $88 for APO shares, giving the stock a ‘Outperform’ rating. Keefe Bruyette also rated the stock as ‘Mkt Perform’.
Analysis of Apollo Global Management Inc (APO)
With APO’s current dividend of $1.72 per share, investors can expect to earn a return regardless of performance. Further, the quarter-over-quarter increase in sales is 126.96%, showing a positive trend in the upcoming months.
Apollo Global Management Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of 69.41% is sufficient for you to turn a profit off your investment.
The average volume for any stock is also a very valuable indicator of volatility, and APO has an average volume of 2.40M. On a monthly basis, the volatility of the stock is set at 2.66%, whereas on a weekly basis, it is put at 2.85%, with a loss of -5.06% over the past seven days. Furthermore, long-term investors anticipate a median target price of $123.29, showing growth from the present price of $107.30, which can serve as yet another indication of whether APO is worth investing in or should be passed over.
How Do You Analyze Apollo Global Management Inc Shares?
Asset Management giant Apollo Global Management Inc (APO) is based in the USA and is one of the largest companies in the market. When comparing Apollo Global Management Inc shares with other companies under Financial, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 12.79, there is a growth in quarterly earnings of 369.81%.
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 49.60%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 41.81% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
APO shares are owned by institutional investors to the tune of 41.81% at present.
