Last Updated: 19 Sep 2024
Executive Summary
Apollo Global Management Inc. (APOS) is a leading global alternative investment manager with a focus on private equity, credit, and real estate. The company has a strong track record of generating alpha for its investors and is well-positioned to benefit from the current market environment. The stock is currently trading at a discount to its intrinsic value and offers investors an attractive entry point.
Company Overview
Apollo Global Management was founded in 1990 and is headquartered in New York City. The company has over $500 billion in assets under management and invests across a wide range of asset classes. Apollo has a team of experienced investment professionals who have a deep understanding of the markets in which they invest.
Fundamental Analysis
Apollo Global Management has a strong financial profile. The company has a low debt-to-equity ratio and generates strong cash flow. The company's earnings have grown steadily in recent years and are expected to continue to grow in the future.
Apollo Global Management trades at a discount to its peers on a number of valuation metrics. The company's price-to-earnings ratio is below the industry average and its price-to-book ratio is also attractive.
Technical Analysis
The technical analysis of Apollo Global Management's stock is bullish. The stock is currently trading above its 50-day and 200-day moving averages. The stock also recently broke out of a bullish pattern, which suggests that it is likely to continue to rise in the near term.
Short Term Outlook
The short-term outlook for Apollo Global Management's stock is positive. The stock is currently trading in a bullish trend and is likely to continue to rise in the near term. Investors should consider buying the stock at current levels.
Long Term Outlook
The long-term outlook for Apollo Global Management's stock is also positive. The company has a strong track record of generating alpha for its investors and is well-positioned to benefit from the current market environment. Investors should consider buying and holding the stock for the long term.
Analyst Recommendations
The majority of analysts who cover Apollo Global Management's stock have a buy rating on the stock. The average price target for the stock is $30.00, which represents a potential upside of over 10%.
