Apollo Global Management Inc. [NYSE: APO] gained 5.05% on the last trading session, reaching $47.83 price per share at the time. The company report on March 12, 2021 that ATHENE HOLDING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Athene Holding Ltd. – ATH.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Athene Holding Ltd. (NYSE: ATH) to Apollo Global Management, Inc. (NYSE: APO). Under the terms of the proposed transaction, shareholders of Athene will receive only 1.149 shares of Apollo for each share of Athene that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (email@example.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-ath/ to learn more.
Apollo Global Management Inc. represents 227.94 million in outstanding shares, while the company has a total market value of $21.24 billion with the latest information. APO stock price has been found in the range of $45.40 to $48.12.
If compared to the average trading volume of 1.49M shares, APO reached a trading volume of 5261118 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Apollo Global Management Inc. [APO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for APO shares is $56.08 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on APO stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for Apollo Global Management Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on March 09, 2021. The new note on the price target was released on November 06, 2020, representing the official price target for Apollo Global Management Inc. stock. Previously, the target price had yet another drop from $46 to $45, while BMO Capital Markets kept a Outperform rating on APO stock.
The Average True Range (ATR) for Apollo Global Management Inc. is set at 1.83, with the Price to Sales ratio for APO stock in the period of the last 12 months amounting to 9.02. The Price to Book ratio for the last quarter was 12.46, with the Price to Cash per share for the same quarter was set at 5.51.
Trading performance analysis for APO stock
Apollo Global Management Inc. [APO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.49. With this latest performance, APO shares dropped by -5.47% in over the last four-week period, additionally plugging by 5.52% over the last 6 months – not to mention a rise of 41.01% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for APO stock in for the last two-week period is set at 45.18, with the RSI for the last a single of trading hit 44.06, and the three-weeks RSI is set at 46.87 for Apollo Global Management Inc. [APO]. The present Moving Average for the last 50 days of trading for this stock 48.90, while it was recorded at 47.23 for the last single week of trading, and 47.48 for the last 200 days.
Apollo Global Management Inc. [APO]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Apollo Global Management Inc. [APO] shares currently have an operating margin of +55.94 and a Gross Margin at +99.22. Apollo Global Management Inc.’s Net Margin is presently recorded at +5.71.
Return on Total Capital for APO is now 9.74, given the latest momentum, and Return on Invested Capital for the company is 1.29. Return on Equity for this stock inclined to 8.39, with Return on Assets sitting at 0.85. When it comes to the capital structure of this company, Apollo Global Management Inc. [APO] has a Total Debt to Total Equity ratio set at 1,022.91. Additionally, APO Total Debt to Total Capital is recorded at 91.09, with Total Debt to Total Assets ending up at 61.77. Long-Term Debt to Equity for the company is recorded at 1,651.14, with the Long-Term Debt to Total Capital now at 90.03.
Reflecting on the efficiency of the workforce at the company, Apollo Global Management Inc. [APO] managed to generate an average of $79,617 per employee. Receivables Turnover for the company is 4.94 with a Total Asset Turnover recorded at a value of 0.15.
Apollo Global Management Inc. [APO]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Apollo Global Management Inc. posted 0.37/share EPS, while the average EPS was predicted by analysts to be reported at 0.48/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -22.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for APO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Apollo Global Management Inc. go to 11.02%.
An analysis of insider ownership at Apollo Global Management Inc. [APO]
There are presently around $8,090 million, or 77.10% of APO stock, in the hands of institutional investors. The top three institutional holders of APO stocks are: TIGER GLOBAL MANAGEMENT LLC with ownership of 33,913,500, which is approximately 0% of the company’s market cap and around 2.80% of the total institutional ownership; VANGUARD GROUP INC, holding 17,621,428 shares of the stock with an approximate value of $842.83 million in APO stocks shares; and CAPITAL WORLD INVESTORS, currently with $570.21 million in APO stock with ownership of nearly 6.011% of the company’s market capitalization.
Positions in Apollo Global Management Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 223 institutional holders increased their position in Apollo Global Management Inc. [NYSE:APO] by around 13,398,409 shares. Additionally, 152 investors decreased positions by around 8,874,047 shares, while 67 investors held positions by with 146,861,997 shares. The mentioned changes placed institutional holdings at 169,134,453 shares, according to the latest SEC report filing. APO stock had 71 new institutional investments in for a total of 4,316,555 shares, while 42 institutional investors sold positions of 2,876,506 shares during the same period.