Are Apollo Global Management Inc (APO) stocks a prudent buy?

Apollo Global Management Inc [APO] stock is trading at $135.33, up 3.02%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The APO shares have gain 7.57% over the last week, with a monthly amount glided 24.33%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Apollo Global Management Inc [NYSE: APO] stock has seen the most recent analyst activity on September 25, 2024, when Wolfe Research initiated its Outperform rating and assigned the stock a price target of $139. Previously, Wells Fargo started tracking the stock with Overweight rating on September 12, 2024, and set its price target to $132. On August 27, 2024, Redburn Atlantic initiated with a Buy rating and assigned a price target of $153 on the stock. BofA Securities upgraded its rating to a Buy but stick to its price target of $123 on August 06, 2024. TD Cowen started tracking with a Outperform rating for this stock on January 04, 2024, and assigned it a price target of $115.

Apollo Global Management Inc [APO] stock has fluctuated between $77.11 and $135.29 over the past year. Currently, Wall Street analysts expect the stock to reach $114.87 within the next 12 months. Apollo Global Management Inc [NYSE: APO] shares were valued at $135.33 at the most recent close of the market. An investor can expect a potential drop of -15.12% 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 0.96% with Operating Profit Margin at 0.28%, 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 133.91 points at the first support level, and at 132.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 136.51, and for the 2nd resistance point, it is at 137.68.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 3.97, the price to book ratio is 5.55 and price to earnings (TTM) ratio is 14.53.

Transactions by insiders

Recent insider trading involved MJH Partners III LLC, Affiliate, that happened on Oct 02 ’24 when 0.5 million shares were purchased. Affiliate, MJH Partners III LLC completed a deal on Oct 01 ’24 to buy 0.5 million shares. Meanwhile, Affiliate MJH Partners III LLC bought 0.5 million shares on Sep 23 ’24.

Related Posts