APO stock: buy or sell?

APO stock price: $35.75 -2.22% At close on August 23rd, 2019

Updated on:
August 23rd, 2019

5

After climbing for 4 sessions, Friday Apollo Global Management eased a rough -2.22%, closing at $35.75.

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?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to choose your own trading plan that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

These 2 buy setups match with Apollo Global Management stock now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

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 gathered 5 ratings published for APO stock in the last month.

The general sentiment of these ratings is bullish for APO stock, with 4 positive ratings.
Is APO a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-5BarclaysOverweightOverweight
2019-7-9Morgan Stanleyn/aEqual Weight
2019-6-7JMP Securitiesn/aMarket Outperform
2019-5-21Credit Suisse GroupNeutralOutperform
2019-2-5Argusn/aBuy

APO stock analysis

Daily outlook

Apollo Global Management eased -2.22% to $35.75 after yesterday all time highs.

Apollo Global Management eased -2.22% to $35.75 after topping to all time highs yesterday. Since May when SMA100d and SMA200d crossed up, APO price gained $5.57 per share (18.46%). From a daily perspective, APO is in a short term uptrend after plotting its last bottom ($31.05, on Aug 15th) higher than the previous bottom, and its last top ($37.24, yesterday) also over the previous top. Now trading in between its last bottom and last top APO might consolidate in a plain range, waiting to break out over $37.24 or down under $31.05. Since last April when APO stock price broke up the SMA200d line, it gained $6.96 (24.18%). Yesterday, APO hit new all time highs, pushing higher previous ATH of $35.86 recorded on July 26th. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

APO stock chart (daily)

Weekly outlook

Apollo Global Management climbed 11.72% this week and marked a new all time high at $37.24. Late July APO plunged a dreadful -14.63% in just one week.

APO shows a long term strength with several rising tops and rising bottoms. It left a new bottom at $29.59 early August. Previous top ($35.86) will play as a resistance in possible new gains. Since late May when SMA20w and SMA40w crossed up, APO price gained $3.92 per share (12.32%). Since price and SMA40w lines crossed up by mid April, APO climbed $7.46 (26.37%).

APO stock chart (weekly)

APO stock price history

APO stock went public on March 30th, 2011 with a price of $11.891. Since then, APO stock grew a 200.70%, with a yearly average of 25.10%. If you had invested $1,000 in APO stock in 2011, it would worth $2,007.00 today.

1: Adjusted price after possible price splits or reverse-splits.

APO stock historical price chart

APO stock reached all-time highs yesterday with a price of $37.24.

APO stock price target is $39.60

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We detected 5 price predictions for Apollo Global Management stock released in the last 30 days:
APO stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-5BarclaysInitiatesn/a$45.00-
2019-7-9Morgan StanleyRaises Target$33.00$36.009.1%
2019-6-7JMP SecuritiesRaises Target$36.00$40.0011.1%
2019-5-21Credit Suisse GroupUpgrades$39.00$42.007.7%
2019-2-5ArgusLowers Target$37.00$35.00-5.4%
(in average)$36.30$39.609.0%
Moving in a range from $45.00 and $35.00, the price target for Apollo Global Management stock is $39.60. In average, analysts' outlook on APO price forecast is positive, increasing the forecast by a 9.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since last May, when Apollo Global Management presented its last earnings report, it escalated a phenomenal 12.67%. As soon as we get its actual EPS from the earnings report, we will extend this report.
APO earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.74n/a
2017-Q2-n/a1.17n/a
2017-Q32017-11-010.611.0775.4%
2017-Q42018-02-010.661.2284.8%
2018-Q12018-05-03-0.04-0.3n/a
2018-Q22018-08-020.520.27-48.1%
2018-Q32018-10-310.860.81-5.8%
2018-Q42019-01-31-0.72-1.01n/a
2019-Q12019-05-010.56n/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Apollo Global Management annual turnover plummed a bloodcurdling -60.56% to $1,093.06 M dollars from $2,771.80 marked in 2017. Similarly, its earnings margin (compared to revenues) plunged to -0.95%, that is $-10.38 million.

To have an up to date picture of the financial situation of Apollo Global Management, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Apollo Global Management TTM sales up to were $926.16 and earnings were $47.89 M dollars. When comparing 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, collapsed a chilling -15.27%. Regarding profit margin, Apollo Global Management rose 6.12% to -0.95%

APO annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
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 M89.16%$403 M20.4%199.52%
2017$2,772 M40.67%$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 results

Apollo Global Management posted million in revenues for 2019-Q1, a -100.00% decline compared to previous quarter. Reported quarter income marked million with a profit margin of . Profit margin remained stable a 0.00% compared to previous quarter when profit margin was 162.98%. When comparing revenues to same quarter last year, Apollo Global Management sales marked a scary decrease and collapsed a -100.00%. Looking back to recent quarterly results, Apollo Global Management posted 3 negative quarters in a row.
APO quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$652 M-$140 M21.5%-
2017-Q2$452 M-30.66%$88 M19.5%-36.90%
2017-Q3$664 M46.81%$203 M30.6%129.61%
2017-Q4$767 M15.42%$189 M24.7%-6.74%
2018-Q1$167 M-78.23%$-58 M-34.9%-130.78%
2018-Q2$523 M213.54%$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 ownership

When you are planning to buy a stock, it's worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Apollo Global Management, 2.30% of all outstanding shares are owned by its staff.

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.

For a better context understanding, the following table shows ownership data compared to other related companies:

APOCGOAK
Market cap$7.2 B$1.8 B$3.7 B
Total shares200.4 M80.4 M71.2 M
Float shares143.6 M106.8 M73.4 M
  - Institutional holdings (%)74.1%50.0%68.3%
  - Insider holdings (%)2.3%26.6%1.3%
Shares in short selling0.0%0.0%0.0%

APO summary

Friday, August 23rd, 2019
Open$36.46
Close$35.75
Day range$35.58 - $36.71
Previous close$36.56
Session gain-2.22%
Average true range$1.62
50d mov avg$33.84
100d mov avg$32.28
200d mov avg$29.45
Daily patternlt06a
Weekly pattern lb03a

Apollo Global Management performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We selected The Carlyle and Oaktree Capital as the bechmarking frame for Apollo Global Management stock.
Stock3m6m12m
APOApollo Global Man...14.18%26.33%9.97%
CGThe Carlyle10.54%24.34%-1.70%
OAKOaktree Capital7.29%23.94%33.71%

Apollo Global Management competitors

Creating a list of competitors for Apollo Global Management it's difficult. We selected 2 public companies that are related to and can be considered as competitors of Apollo Global Management: