Apollo Global Management Inc (NYSE: APO) has reported earnings for its second fiscal quarter (ending June 30) of $1.36 versus $1.00 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $9.30 versus $2.75 for the same period a year ago.
Recent Price Action
Apollo Global Management Inc (NYSE: APO) stock suffered a large decline of -7.5% on 8/1/24. The stock closed at $115.97. Moreover, trading volume in this decline was exceptionally high at 326% of normal. The stock has declined -4.7% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, APO is expected to continue to be a major Value Builder.
Apollo Global Management has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Apollo Global Management has a very high Power Rating of 87 and a very high Appreciation Score of 88, and the Highest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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