APO stock: buy or sell?

APO stock price: $42.82 -0.88% At close on November 19th, 2019

Updated on:
November 19th, 2019

3

Apollo Global Management shares declined -0.88% to $42.82 today.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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.
Is APO a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-23Bank of American/aBuy
2019-9-20UBS Groupn/aBuy
2019-9-12Wells Fargo & Con/aOutperform
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

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.

APO stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $42.10

Nobody 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:
APO stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-23Bank of AmericaRaises Target$40.00$46.0015%
2019-9-20UBS GroupRaises Target$37.00$45.0021.6%
2019-9-12Wells Fargo & CoRaises Target$42.00$48.0014.3%
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)$37.70$42.1012.0%
Moving in a range from $48.00 and $35.00, the price target for APO stock is $42.10. In average, analysts' outlook on APO price target is positive, increasing the target by a 12.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After 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.
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 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%

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 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.
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 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:

APO
Market cap$9.5 B
Total shares222.5 M
Float shares163.5 M
  - Institutional holdings (%)74.1%
  - Insider holdings (%)2.3%
Shares in short selling0.0%

APO summary

Tuesday, November 19th, 2019
Open$43.44
Close$42.82
Day range$42.63 - $43.49
Previous close$43.20
Session gain-0.88%
Average true range$1.12
50d mov avg$40.10
100d mov avg$37.35
200d mov avg$33.49
Daily pattern
Weekly pattern lt06a

Apollo Global Management performance

Performance 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.
Stock3m6m12m
APOApollo Global Man...21.17%38.31%58.42%

Apollo Global Management competitors

Unfortunately, we could not find any public company that could be defined as Apollo Global Management competitor. This doesn't mean Apollo Global Management does not have any competitor in the market, it's just we could not detected it.