Apollo Global Management Inc [NYSE: APO] price plunged by -2.85 percent to reach at -$3.31.
The one-year APO stock forecast points to a potential upside of 10.03. The average equity rating for APO stock is currently 1.78, trading closer to a bullish pattern in the stock market.
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Guru’s Opinion on 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 $125.57 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 1.78. 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 Overweight, with their previous recommendation back on February 28, 2024. While these analysts kept the previous recommendation, TD Cowen raised their target price to Outperform. The new note on the price target was released on January 04, 2024, representing the official price target for Apollo Global Management Inc stock. Previously, the target price had yet another raise to $108, while BMO Capital Markets analysts kept a Outperform rating on APO stock.
The Average True Range (ATR) for Apollo Global Management Inc is set at 3.33, with the Price to Sales ratio for APO stock in the period of the last 12 months amounting to 2.58. The Price to Book ratio for the last quarter was 4.80, with the Price to Cash per share for the same quarter was set at 26.04. Price to Free Cash Flow for APO in the course of the last twelve months was 12.97.
APO Stock Performance Analysis:
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 -3.25. With this latest performance, APO shares dropped by -0.19% in over the last four-week period, additionally plugging by 24.51% over the last 6 months – not to mention a rise of 59.27% 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 48.68, with the RSI for the last a single of trading hit 45.89, and the three-weeks RSI is set at 50.10 for Apollo Global Management Inc [APO]. The present Moving Average for the last 50 days of trading for this stock 112.31, while it was recorded at 115.17 for the last single week of trading, and 99.30 for the last 200 days.
APO Stock EPS
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 16.93%.
Apollo Global Management Inc [APO] Institutonal Ownership Details
The top three institutional holders of APO stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in APO stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in APO stock with ownership which is approximately 5.8386%.
