Apollo Global Management Inc [NYSE: APO] plunged by -$0.85 during the normal trading session on while it closed the day at $106.74.
Apollo Global Management Inc stock has also loss -4.11% of its value over the past 7 days. However, APO stock has declined by -10.13% in the 3 months of the year. Over the past six months meanwhile, it has lost -1.86% and gained 14.54% year-on date.
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The market cap for APO stock reached $84.53 billion, with 567.76 million shares outstanding and 401.18 million shares in the current float. Compared to the average trading volume of 2.89M shares, APO reached a trading volume of 3774927 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to 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 $128.00 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 1.63. 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.
Redburn Atlantic have made an estimate for Apollo Global Management Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 27, 2024. The new note on the price target was released on August 06, 2024, representing the official price target for Apollo Global Management Inc stock. Previously, the target price had yet another raise to $122, while JP Morgan analysts kept a Overweight rating on APO stock.
The Average True Range (ATR) for Apollo Global Management Inc is set at 3.39, with the Price to Sales ratio for APO stock in the period of the last 12 months amounting to 3.13. The Price to Book ratio for the last quarter was 4.38, with the Price to Cash per share for the same quarter was set at 24.59. Price to Free Cash Flow for APO in the course of the last twelve months was 28.45.
APO stock trade performance evaluation
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 -4.11. With this latest performance, APO shares gained by 1.95% in over the last four-week period, additionally sinking by -1.86% over the last 6 months – not to mention a rise of 21.49% 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 40.07, with the RSI for the last a single of trading hit 35.56, and the three-weeks RSI is set at 42.20 for Apollo Global Management Inc [APO]. The present Moving Average for the last 50 days of trading for this stock 114.06, while it was recorded at 108.14 for the last single week of trading, and 108.42 for the last 200 days.
Earnings per share (EPS) analysis for Apollo Global Management Inc [APO] stock
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 14.54%.
Apollo Global Management Inc [APO]: Institutional Ownership
There are presently around $62.30%, or 85.28%% of APO stock, in the hands of institutional investors. The top three institutional holders of APO stocks are: VANGUARD GROUP INC with ownership of 41.25 million shares, which is approximately 7.0137%. CAPITAL WORLD INVESTORS, holding 31.48 million shares of the stock with an approximate value of $$3.72 billion in APO stocks shares; and CAPITAL WORLD INVESTORS, currently with $$2.81 billion in APO stock with ownership which is approximately 4.0438%.
