Apollo Global Management Inc. [APO] is 7.29% higher this YTD. Is it still time to buy?

Apollo Global Management Inc. [NYSE: APO] jumped around 0.76 points on Thursday, while shares priced at $68.44 at the close of the session, up 1.12%. The company report on January 9, 2023 that Total Operations and Production Services (TOPS) Announces Leadership Transition.


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Since its founding in 1996, TOPS has transformed under L.D. Green’s leadership to what is today the leading provider of environmentally friendly, electric-drive compressors under contract to top-tier customers in the Permian Basin. TOPS’ electric compressors enable meaningful CO2 and methane emissions savings for operators, helping the industry meet its emissions reduction objectives. L.D. Green commented, “I am extremely proud of what we have built at TOPS and look forward to supporting the next phase of growth through the Chairman role. We have developed an impressive team and I am confident in Brian’s abilities to take the Company to the next level.”.

Apollo Global Management Inc. stock is now 7.29% up from its year-to-date (YTD) trading value. APO Stock saw the intraday high of $69.32 and lowest of $67.70 per share. The company’s 52-week high price is 71.92, which means current price is +10.09% above from all time high which was touched on 01/12/23.

Compared to the average trading volume of 2.39M shares, APO reached a trading volume of 2761237 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say 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 $71.81 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 2.20. 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.

Keefe Bruyette have made an estimate for Apollo Global Management Inc. shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on January 03, 2023. While these analysts kept the previous recommendation, Credit Suisse raised their target price to Outperform. The new note on the price target was released on October 19, 2022, representing the official price target for Apollo Global Management Inc. stock.

The Average True Range (ATR) for Apollo Global Management Inc. is set at 1.79, with the Price to Sales ratio for APO stock in the period of the last 12 months amounting to 5.24.

How has APO stock performed recently?

Apollo Global Management Inc. [APO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.72. With this latest performance, APO shares gained by 6.82% in over the last four-week period, additionally plugging by 40.62% over the last 6 months – not to mention a drop of -3.03% 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 64.13, with the RSI for the last a single of trading hit 70.18, and the three-weeks RSI is set at 61.23 for Apollo Global Management Inc. [APO]. The present Moving Average for the last 50 days of trading for this stock 63.94, while it was recorded at 66.46 for the last single week of trading, and 56.72 for the last 200 days.

Apollo Global Management Inc. [APO]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Apollo Global Management Inc. [APO] shares currently have an operating margin of +138.03 and a Gross Margin at +99.24. Apollo Global Management Inc.’s Net Margin is presently recorded at +50.91.

Return on Equity for this stock inclined to 69.82, with Return on Assets sitting at 6.70.

Earnings analysis for Apollo Global Management Inc. [APO]

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 19.02%.

Insider trade positions for Apollo Global Management Inc. [APO]

There are presently around $21,672 million, or 56.10% of APO stock, in the hands of institutional investors. The top three institutional holders of APO stocks are: VANGUARD GROUP INC with ownership of 34,977,046, which is approximately 11.973% of the company’s market cap and around 2.10% of the total institutional ownership; CAPITAL WORLD INVESTORS, holding 30,554,607 shares of the stock with an approximate value of $2.09 billion in APO stocks shares; and BLACKROCK INC., currently with $2.02 billion in APO stock with ownership of nearly 7.155% 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 290 institutional holders increased their position in Apollo Global Management Inc. [NYSE:APO] by around 21,004,092 shares. Additionally, 277 investors decreased positions by around 22,593,501 shares, while 115 investors held positions by with 273,055,232 shares. The mentioned changes placed institutional holdings at 316,652,825 shares, according to the latest SEC report filing. APO stock had 77 new institutional investments in for a total of 2,515,381 shares, while 59 institutional investors sold positions of 2,922,114 shares during the same period.

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