The Case For And Against Apollo Global Management, LLC (APO)

#apolloglobal #earningsApollo Global Management, LLC (APO) is an interesting player in the Financial space, with a focus on Diversified Investments. The stock has been active on the tape, currently trading at $22.25, up from yesterday’s close by 0.23%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Does this stock stack up well when compared to its peers in the industry space? Let’s take a look. Apollo Global Management, LLC (APO) currently trades with a market capitalization of $4.18 Billion. That value represents a market adjusting for revenues that have been growing by 253.93 % on a quarterly year/year basis as of the company’s last quarterly report.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For APO, the company currently has $818.34 Million of cash on the books. You can get a sense of how sustainable that is by a levered free cash flow of $661.29 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.56 on a per share basis this quarter. Perhaps, that suggests something about why 2.07% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, Apollo Global Management, LLC recorded a 52-week high of $23.53. It is now trading 1.28% off that level. The stock is trading $21.08 its 50-day moving average by -1.17%. The stock carved out a 52-week low down at $13.14.

In recent action, Apollo Global Management, LLC (APO) has made a move of +6.82% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 23.12, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.78% with $182.73 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of APO.

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