APO stock: buy or sell?
November 19th, 2019
Apollo Global Management, LLC is a publicly owned investment manager. The firm primarily provides its services to endowment and sovereign wealth funds, as well as other institutional and individual investors.
Should I buy APO stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Apollo Global Management stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Apollo Global Management stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we collected 8 ratings published for APO stock in the last 30 days. The general sentiment of these ratings is bullish for APO stock, with 7 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-9-23||Bank of America||n/a||Buy|
|2019-9-12||Wells Fargo & Co||n/a||Outperform|
|2019-7-9||Morgan Stanley||n/a||Equal Weight|
|2019-6-7||JMP Securities||n/a||Market Outperform|
|2019-5-21||Credit Suisse Group||Neutral||Outperform|
APO stock analysis
Shares of Apollo Global Management ended today at $42.82 and declined a lame -0.88%.
Shares of Apollo Global Management closed today at $42.82 and declined a lame -0.88%. On August APO price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock. On Nov/5, APO hit new all time highs, pushing higher previous ATH of $43.67 recorded on Nov 4th. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Apollo Global Management ended this week at $42.82 and declined a disappointing -1.40%.
Apollo Global Management stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last all-time high Apollo Global Management marked early November. Late May, SMA20w and SMA40w crossed up triggering a rise of 36.11%. Since price and SMA40w lines crossed up by mid April, APO climbed $14.85 (53.09%).
APO stock price history
APO IPO was on March 30th, 2011 at $11.75 per share1. Since then, APO stock grew a 264.40%, with a yearly average of 33.10%. If you had invested right after APO's IPO a $1,000 in APO stock in 2011, it would worth $2,644.00 today.
1: Adjusted price after possible price splits or reverse-splits.
APO stock historical price chart
APO stock reached all-time highs on November/5 with a price of $43.67.
APO stock price target is $42.10Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' APO stock price predictions in the hope that they will be met as they may be wrong and not met. We detected 8 price forecasts for Apollo Global Management stock released in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-23||Bank of America||Raises Target||$40.00||$46.00||15%|
|2019-9-20||UBS Group||Raises Target||$37.00||$45.00||21.6%|
|2019-9-12||Wells Fargo & Co||Raises Target||$42.00||$48.00||14.3%|
|2019-7-9||Morgan Stanley||Raises Target||$33.00||$36.00||9.1%|
|2019-6-7||JMP Securities||Raises Target||$36.00||$40.00||11.1%|
|2019-5-21||Credit Suisse Group||Upgrades||$39.00||$42.00||7.7%|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter posting its last earnings report on May, Apollo Global Management . As soon as we get its posted EPS from the earnings report, we will update this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Apollo Global Management annual revenues collapsed a frightening -60.56% to $1,093.06 million USD from $2,771.80 marked in 2017. When comparing 2018 vs 2017, in line, profit margin (that is, the net income divided by revenues) plummed a -23.65% to -0.95%. Apollo Global Management presents anual results in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Apollo Global Management TTM sales up to were $926.16 and income $47.89 M USD. If we compare this TTM figures with the last reported annuality, we can esteem Apollo Global Management business evolution since December 2018: Annual revenues up to , compared to lastest yearly report, plummed a scary -15.27%. Regarding profit margin, Apollo Global Management rose 6.12% to -0.95%
|2013||$4,630 M||-||$659 M14.2%||-|
|2014||$1,560 M||-66.30%||$168 M10.8%||-74.49%|
|2015||$1,042 M||-33.23%||$134 M12.9%||-20.05%|
|2016||$1,970 M||89.16%||$403 M20.4%||199.52%|
|2017||$2,772 M||40.67%||$629 M22.7%||56.16%|
|2018||$1,093 M||-60.56%||$-10.38 M-0.9%||-101.65%|
|TTM||$926 M||-15.27%||$48 M5.2%||-561.51%|
Quarterly financial resultsApollo Global Management posted M in sales for 2019-Q1, a -100.00% decline compared to previous quarter. Reported quarter income marked million with a profit margin of . Profit margin remained steady a 0.00% compared to previous quarter when profit margin was 162.98%. When comparing turnover to same quarter last year, Apollo Global Management sales marked a dreadful drop down and plunged a -100.00%. Looking back to recent quarterly results, Apollo Global Management posted 3 positive quarters in a row.
|2017-Q1||$652 M||-||$140 M21.5%||-|
|2017-Q2||$452 M||-30.66%||$88 M19.5%||-36.90%|
|2017-Q3||$664 M||46.81%||$203 M30.6%||129.61%|
|2017-Q4||$767 M||15.42%||$189 M24.7%||-6.74%|
|2018-Q1||$167 M||-78.23%||$-58 M-34.9%||-130.78%|
|2018-Q2||$523 M||213.54%||$64 M12.2%||-209.18%|
|2018-Q3||$518 M||-1.07%||$172 M33.1%||169.64%|
|2018-Q4||$-115 M||-122.19%||$-187 M163.0%||-209.17%|
Apollo Global Management ownershipWhen you are planning to invest in shares of a company, it's always worth to check its ownership structure.
Apollo Global Management shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 2.30% of all shares.
In case of Apollo Global Management stock, 74.10% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for APO stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Apollo Global Management:
|Market cap||$9.5 B|
|Total shares||222.5 M|
|Float shares||163.5 M|
|- Institutional holdings (%)||74.1%|
|- Insider holdings (%)||2.3%|
|Shares in short selling||0.0%|
|Tuesday, November 19th, 2019|
|Day range||$42.63 - $43.49|
|Average true range||$1.12|
|50d mov avg||$40.10|
|100d mov avg||$37.35|
|200d mov avg||$33.49|
Apollo Global Management performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We chose as the bechmarking frame for Apollo Global Management stock.
|APOApollo Global Man...||21.17%||38.31%||58.42%|