Stocks of Apollo Global Management Inc (NYSE:APO) traded higher last session on Wall Street, up 1.30% to $174.71.
APO stock price is now 13.13% away from the 50-day moving average and 40.80% away from the 200-day moving average. The market capitalization of the company currently stands at $98.85B.
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With the price target of $188, Piper Sandler recently initiated with Overweight rating for Apollo Global Management Inc (NYSE: APO). On September 25, 2024, Wolfe Research recently initiated its ‘Outperform’ rating on the stock quoting a target price of $139, while ‘Wells Fargo’ rates the stock as ‘Overweight’
In other news, MARTIN B KELLY, Officer bought 10,000 shares of the company’s stock on Dec 10 ’24. The stock was bought for $1,736,634 at an average price of $173.66. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 09 ’24, Affiliate RWNM-VPF LLC bought 400,000 shares of the business’s stock. A total of $69,200,000 was incurred on buying the stock at an average price of $173.00. A total of 49.23% of the company’s stock is owned by insiders.
During the past 12 months, Apollo Global Management Inc has had a low of $89.76 and a high of $189.49. According to the stock market information, the enterprise value for the company is $112829366272, which is based on a 18.39 price-to-earnings ratio, a 1.21 price-to-earnings-growth ratio, and a beta of 1.62. The fifty day moving average price for APO is $153.4338 and a two-hundred day moving average price translates $123.7607 for the stock.
The latest earnings results from Apollo Global Management Inc (NYSE: APO) was released for 2024-09-30. The net profit margin was 17.71% and return on equity was 44.00% for APO. The company reported revenue of $7.77 billion for the quarter, compared to $2.6 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 199.54 percent.
