In recent trading session, Apollo Global Management Inc. (NYSE:APO) saw 1.47 million shares changing hands at last check today with its beta currently measuring 1.64. Company’s recent per share price level of $49.64 trading at -$1.87 or -3.63% at last check today assigns it a market valuation of $30.75B. That most recent trading price of APO’s stock is at a discount of -63.32% from its 52-week high price of $81.07 and is indicating a premium of 7.39% from its 52-week low price of $45.97. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.1 million shares which gives us an average trading volume of 2.38 million if we extend that period to 3-months.
For Apollo Global Management Inc. (APO), analysts’ consensus is at an average recommendation of an Overweight while assigning it a mean rating of 2.30. Splitting up the data highlights that, out of 15 analysts covering the stock, 0 rated the stock as a Sell while 2 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $1.02 in the current quarter.
Apollo Global Management Inc. (NYSE:APO) trade information
Upright in the red during last session for losing -3.63%, in the last five days APO remained trading in the red while hitting it’s week-highest on Monday, 09/19/22 when the stock touched $49.64 price level, adding 11.59% to its value on the day. Apollo Global Management Inc.’s shares saw a change of -28.88% in year-to-date performance and have moved -9.87% in past 5-day. Apollo Global Management Inc. (NYSE:APO) showed a performance of -11.33% in past 30-days. Number of shares sold short was 19.28 million shares which calculate 5.48 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $69.92 to the stock, which implies a rise of 29.0% to its recent value today. Analysts have been projecting $58.00 as a low price target for the stock while placing it at a high target of $87.00. It follows that stock’s current price would drop -75.26% in reaching the projected high whereas dropping to the targeted low would mean a loss of -16.84% for stock’s current value.
Apollo Global Management Inc. (APO) estimates and forecasts
Statistics highlight that Apollo Global Management Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -17.95% of value to its shares in past 6 months, showing an annual growth rate of 13.38% while that of industry is -9.00. Apart from that, the company came raising its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to decrease by -10.50% in the current quarter and calculating -22.20% decrease in the next quarter. This year revenue growth is estimated to fall -5.80% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $849.75 million for the same. And 2 analysts are in estimates of company making revenue of $928.8 million in the next quarter that will end on Sep 2022. Company posted $679.5 million and $1.02 billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 25.10% while estimating it to be -9.00% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 28.30% during past 5 years. In 2022, company’s earnings growth rate is likely to be around 16.00% while estimates for its earnings growth in next 5 years are of 17.91%.
Apollo Global Management Inc. is more likely to be releasing its next quarterly report between February 01 and February 07 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Apollo Global Management Inc. (NYSE:APO)’s Major holders
Insiders are in possession of 38.87% of company’s total shares while institution are holding 54.29 percent of that, with stock having share float percentage of 88.81%. Investors also watch the number of corporate investors in a company very closely, which is 54.29% institutions for Apollo Global Management Inc. that are currently holding shares of the company. Vanguard Group, Inc. (The) is the top institutional holder at APO for having 37.37 million shares of worth $2.32 billion. And as of Mar 30, 2022, it was holding 6.51% of the company’s outstanding shares.
The second largest institutional holder is Capital World Investors, which was holding about 31.01 million shares on Mar 30, 2022. The number of shares represents firm’s hold over 5.40% of outstanding shares, having a total worth of $1.92 billion.
On the other hand, Fundamental Investors Inc and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2022, the former fund manager was holding 12.52 million shares of worth $606.76 million or 2.18% of the total outstanding shares. The later fund manager was in possession of 12.12 million shares on Mar 30, 2022, making its stake of worth around $751.6 million in the company or a holder of 2.11% of company’s stock.