Is Apollo Global Management Inc (APO) Stock a Good Buy for Short-term Investors?

Apollo Global Management Inc [APO] stock is trading at $117.16, up 2.42%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The APO shares have gain 8.89% over the last week, with a monthly amount glided 5.71%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Apollo Global Management Inc [NYSE: APO] stock has seen the most recent analyst activity on September 12, 2024, when Wells Fargo initiated its Overweight rating and assigned the stock a price target of $132. Previously, Redburn Atlantic started tracking the stock with Buy rating on August 27, 2024, and set its price target to $153. On August 06, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $123 on the stock. TD Cowen initiated its recommendation with a Outperform and recommended $115 as its price target on January 04, 2024. In a note dated October 09, 2023, Oppenheimer downgraded an Perform rating on this stock.

Apollo Global Management Inc [APO] stock has fluctuated between $77.11 and $126.45 over the past year. Currently, Wall Street analysts expect the stock to reach $106.92 within the next 12 months. Apollo Global Management Inc [NYSE: APO] shares were valued at $117.16 at the most recent close of the market. An investor can expect a potential drop of -8.74% based on the average APO price forecast.

Analyzing the APO fundamentals

Apollo Global Management Inc [NYSE:APO] reported sales of 26.98B for the trailing twelve months, which represents a drop of -55.94%. Gross Profit Margin for this corporation currently stands at 0.82% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.44 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.64.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 114.87 points at the first support level, and at 112.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 118.40, and for the 2nd resistance point, it is at 119.65.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 3.44, the price to book ratio is 4.81 and price to earnings (TTM) ratio is 12.58.

Transactions by insiders

Recent insider trading involved O’Neill Mitra, Director, that happened on Sep 06 ’24 when 923.0 shares were purchased. Co-President (), Zelter James C completed a deal on Aug 23 ’24 to sell 83866.0 shares. Meanwhile, Co-President () Zelter James C sold 16134.0 shares on Aug 23 ’24.

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