In the latest trading session,, 0.49 million Apollo Global Management Inc (NYSE:APO) shares changed hands as the company’s beta touched 1.66. With the company’s most recent per share price at $136.46 changing hands around $3.06 or 2.30% at last look, the market valuation stands at $77.85B. APO’s current price is a discount, trading about -38.86% off its 52-week high of $189.49. The share price had its 52-week low at $95.11, which suggests the last value was 30.3% up since then. When we look at Apollo Global Management Inc’s average trading volume, we note the 10-day average is 3.53 million shares, with the 3-month average coming to 4.31 million.
Analysts gave the Apollo Global Management Inc (APO) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.55. If we narrow down to specifics, the data shows that 1 out of 22 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 11 recommended APO as a Hold, 10 felt it is a Buy and 0 rated the stock as Underweight. Apollo Global Management Inc’s EPS for the current quarter is expected to be 1.85.
Apollo Global Management Inc (NYSE:APO) trade information
Instantly APO is in green as seen in intraday trades today. With action 14.07%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -17.37%, with the 5-day performance at 14.07% in the green. However, in the 30-day time frame, Apollo Global Management Inc (NYSE:APO) is -3.92% down. Looking at the short shares, we see there were 30.24 million shares sold at short interest cover period of 5.54 days.
The consensus price target for the stock as assigned by Wall Street analysts is 164, meaning bulls need an upside of 16.79% from its recent market value. According to analyst projections, APO’s forecast low is 155 with 188 as the target high. To hit the forecast high, the stock’s price needs a -37.77% plunge from its current level, while the stock would need to soar -13.59% for it to hit the projected low.
Apollo Global Management Inc (APO) estimates and forecasts
Year-over-year growth is forecast to reach 12.78% up from the last financial year.
Consensus estimates given by 8 financial analysts project the company’s revenue in the current quarter to hit an average of 964.53M. 8 analysts are of the opinion that Apollo Global Management Inc’s revenue for the current quarter will be 1.01B. The company’s revenue for the corresponding quarters a year ago was 839M and 932M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 14.96%. The estimates for the next quarter sales put growth at 7.85%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 14.07%. The 2025 estimates are for Apollo Global Management Inc earnings to increase by 7.68%, but the outlook for the next 5-year period is at 14.68% per year.
APO Dividends
Apollo Global Management Inc is expected to release its next quarterly earnings report on 2025-Feb-03. The 1.36% annual yield figure for the share gives it an annual dividend of 1.85. It is important to note, however, that the 1.36% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 2.89 per year.
Apollo Global Management Inc (NYSE:APO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 28.07% of Apollo Global Management Inc shares while 66.99% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 93.13%. There are 66.99% institutions holding the Apollo Global Management Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 7.0259% of the shares, roughly 41.25 million APO shares worth $4.87 billion.
CAPITAL WORLD INVESTORS holds the second largest percentage of outstanding shares, with 5.3627% or 31.48 million shares worth $3.72 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 12.4 shares estimated at $1.68 billion under it, the former controlled 2.17% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.12% of the shares, roughly 12.11 shares worth around $1.64 billion.
