Ares Management Corp [ARES] stock is trading at $194.72, up 1.78%. 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 10.96% over the last week, with a monthly amount glided 9.19%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ares Management Corp [NYSE: ARES] stock has seen the most recent analyst activity on December 20, 2024, when Keefe Bruyette upgraded its rating to a Outperform and also boosted its price target to $202 from $166. Previously, Wells Fargo upgraded its rating to Overweight on December 12, 2024, and kept the price target unchanged to $212. On September 12, 2024, Wells Fargo initiated with a Equal Weight rating and assigned a price target of $156 on the stock. Redburn Atlantic started tracking the stock assigning a Neutral rating and suggested a price target of $140 on August 27, 2024. Deutsche Bank downgraded its rating to a Hold and reduced its price target to $132 on June 13, 2024. Deutsche Bank started tracking with a Buy rating for this stock on May 28, 2024, and assigned it a price target of $176. In a note dated May 07, 2024, TD Cowen initiated an Buy rating and provided a target price of $154 on this stock.
Ares Management Corp [ARES] stock has fluctuated between $112.83 and $192.01 over the past year. Currently, Wall Street analysts expect the stock to reach $175 within the next 12 months. Ares Management Corp [NYSE: ARES] shares were valued at $194.72 at the most recent close of the market. An investor can expect a potential drop of -10.13% based on the average ARES price forecast.
Analyzing the ARES fundamentals
Ares Management Corp [NYSE:ARES] reported sales of 4.03B for the trailing twelve months, which represents a growth 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.26.
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 192.44 points at the first support level, and at 190.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 196.11, and for the 2nd resistance point, it is at 197.51.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 15.12, the price to book ratio is 18.93 and price to earnings (TTM) ratio is 87.46.
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.
