15.1 C
New York
Friday, September 29, 2023

Is Apollo Global Management Inc. (NYSE: APO) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Apollo Global Management Inc. (APO) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $1.14, or 1.31%, to $88.20. The Apollo Global Management Inc. has recorded 70,753 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Apollo to Present at Barclays Financial Services Conference.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.


Stocks Info

Apollo Global Management Inc. is listed on the NYSE in the Financial sector while operating in the Asset Management industry. At the end of the last regular session, the stock closed at $87.06 and fluctuated between $88.28 as its day high and $86.99 as its day low. The current market capitalization of Apollo Global Management Inc. is $49.87B. A total of 1.73 million shares were traded on the day, compared to an average of 2.41M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, APO has seen 6 BUY and 10 SELL insider trades, representing the acquisition of 20,853 and the disposition of 337,848 shares. Over the last 12 months, there were 33 BUYs and 81 SELLs from insiders. Insiders purchased 1,983,642 shares during that period but sold 8,421,170.

In the most recent transaction, Zelter James C sold 60,779 shares of APO for 79.22 per share on Jul 13. After the transaction, the Co-President () now owns 5,678,785 company shares. In a previous transaction on Jul 12, Zelter James C sold 23,752 shares at 78.82 per share. APO shares that Co-President () owns now total 5,716,630.

Among the insiders who sold shares, Zelter James C disposed of 35,777 shares on Jul 11 at a per-share price of $77.93. This resulted in the Co-President () holding 5,740,382 shares of APO after the transaction. In another insider transaction, Zelter James C sold 3,010 shares at $77.51 per share on Jul 03. Company shares held by the Co-President () now total 5,776,159.


The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Apollo Global Management Inc. pays an annual dividend of $1.66, resulting in a dividend yield of 1.91%, and it has a price to earnings (P/E) ratio of 40.78. APO’s most recent ex-dividend date was 8/17/2023 when it declared a $0.43 quarterly dividend that was paid in cash on 8/31/2023. Previously, the company paid the dividend on 5/31/2023 with an ex-dividend date of 5/19/2023. The APO stock dividend was $0.43 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for APO in the last 3 months, the mean price target is $94.71 with high estimates of $104.00 and low estimates of $86.00. In terms of 52-week highs and lows, APO has a high of $88.88 and a low of $45.62.

As of this writing, APO has an earnings estimate of $1.82 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $1.94 per share and a lower estimate of $1.72. The company reported an EPS of $1.42 in the last quarter, which was -3.40% lower than expectations of $1.47.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. APO’s latest balance sheet shows that the firm has $917.18M in Cash & Short Term Investments as of fiscal 2021. There were $3.64B in debt and $2.93B in liabilities at the time. Its Book Value Per Share was $14.21, while its Total Shareholder’s Equity was $11.96B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for APO is Buy with a score of 4.31.

Related Articles


Please enter your comment!
Please enter your name here

Latest Articles