Apollo Global Management Inc (NYSE: APO) has reported earnings for its third fiscal quarter (ending September 30) of $1.30 versus $1.10 for the same period a year ago — an increase of 18%. For the latest four quarters through September 30, E.P.S. were $9.49 compared to $4.83 a year ago — an increase of 96%.
Recent Price Action
Apollo Global Management Inc (NYSE: APO) stock closed at $149.27 on 11/5/24 after a very large increase of 7.1%. Moreover, unusually high trading volume at 164% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 3.1% during the last week.
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 good Power Rating of 76 and a good Appreciation Score of 84, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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