Ares Management Corp [ARES] stock prices are up 0.69% to $183.70 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ARES shares have gain 4.80% over the last week, with a monthly amount glided 8.69%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Ares Management Corp [NYSE: ARES] stock has seen the most recent analyst activity on December 12, 2024, when Wells Fargo upgraded its rating to a Overweight but kept the price target unchanged to $212 for it. Previously, Wells Fargo started tracking the stock with Equal Weight rating on September 12, 2024, and set its price target to $156. On August 27, 2024, Redburn Atlantic initiated with a Neutral rating and assigned a price target of $140 on the stock. Deutsche Bank downgraded its rating to a Hold and decreased its price target to $132 on June 13, 2024. Deutsche Bank initiated its recommendation with a Buy and recommended $176 as its price target on May 28, 2024. TD Cowen started tracking with a Buy rating for this stock on May 07, 2024, and assigned it a price target of $154. In a note dated January 09, 2024, Jefferies downgraded an Hold rating on this stock but restated the target price of $122.
The stock price of Ares Management Corp [ARES] has been fluctuating between $112.83 and $185.06 over the past year. Currently, Wall Street analysts expect the stock to reach $167.83 within the next 12 months. Ares Management Corp [NYSE: ARES] shares were valued at $183.70 at the most recent close of the market. An investor can expect a potential drop of -8.64% based on the average ARES price forecast.
Analyzing the ARES fundamentals
The Ares Management Corp [NYSE:ARES] reported sales of 4.03B for trailing twelve months, representing a surge of 58.80%. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.34%, Pretax Profit Margin comes in at 0.36%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.23 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.13.
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 182.14 points at the first support level, and at 180.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 184.88, and for the 2nd resistance point, it is at 186.05.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 14.24, the price to book ratio is 17.86 and price to earnings (TTM) ratio is 82.51.
Transactions by insiders
Recent insider trading involved Berry Ryan, Chief Mktg. & Strategy Officer, that happened on Dec 11 ’24 when 14357.0 shares were sold. Chief Mktg. & Strategy Officer, Berry Ryan completed a deal on Nov 27 ’24 to sell 200.0 shares. Meanwhile, 10% Owner ARES MANAGEMENT LLC sold 11.5 million shares on Dec 10 ’24.
