How to Buy Apollo Global Management Stock
Apollo Global Management Inc
Apollo Global Management is a asset management company located in New York, United States, which is part of the Financial Services sector, and is traded under the ticker APO on the NYSE exchange.
Apollo Global Management stock last closed at $107.63, up 0.31% from the previous day, and has increased 63.57% in one year. It has overperformed other stocks in the Asset Management industry by 0.71 percentage points. Apollo Global Management stock is currently +87.18% from its 52-week low of $57.50, and -8.13% from its 52-week high of $117.15.
At the moment, there are 568.16M APO shares outstanding. The market value of APO is $61.15B. In the past 24 hours, 2.16M APO shares were traded.
How to Buy Apollo Global Management Stock
Wondering how to invest in Apollo Global Management stock? Here's how.
- Choose where to buy Apollo Global Management stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Apollo Global Management stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Select your method of payment and add your info.
- Analyze Apollo Global Management stock: The Apollo Global Management ticker symbol is APO. Is Apollo Global Management stock a good investment? Should you buy shares of APO? How do APO's underlying business fundamentals look? Do top analysts think Apollo Global Management is a good buy? Why has APO's stock price moved recently? (Hint: Our stock research tools can help you evaluate if APO is a good stock to buy).
- Execute your APO purchase: Decide if you will purchase APO shares at the current market price or use a limit order to purchase APO stock at a specific price.
- Keep an eye on your APO position: Create a watchlist to important updates regarding your position in Apollo Global Management stock.
Step 1: Choose where to buy Apollo Global Management stock
You need an online brokerage account in order to access the NYSE market and buy APO shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal information so you are able to buy APO today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start a new trading account.
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Step 3: Deposit funds into your investment account
Now that you've opened your account on stock apps to use, your next step is to transfer the money for your investment:
Check out the walkthrough below for more details depositing funds into your new investment account.
Step 4: Analyze Apollo Global Management stock
After you have decided on the best place to buy Apollo Global Management stock, it's important to evaluate their stock prior to investing, so you actually understand the risk as well as the upside.
Apollo Global Management shares at a glance
Apollo Global Management Zen Score
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on APO's stock page.
Is APO stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge APO's true value.
Using relative valuations measures:
- APO may be undervalued based on its P/E ratio of 12.94x, relative to Asset Management industry P/E ratio of 29.98x
- APO may be overvalued based on its P/B ratio of 4.35x, relative to Asset Management industry P/B ratio of 2.3x
You can access more valuation analysis on APO's stock here.
APO Financial Summary
Passed Health Checks:
- APO earnings of $4.27B is not enough to cover its interest payments.
- APO's operating cash flow of $6.32B allows it to safely service it's debt of $8.09B.
- APO profit margin has gone up from -17.9% to 15.3% in the past year.
Failed Health Checks:
- APO has a relatively high debt to equity ratio of 20.52.
- Total APO debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy Apollo Global Management stock, according to analysts?
Out of 9 sell side analysts who give recommendations on APO, the consensus analyst rating on APO is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent APO Analyst Recommendations
Timothy O'Shea, a top 12% analyst from Wells Fargo maintains APO with a strong buy rating and raises their APO price target from $110.00 to $118.00, on Feb 9, 2024.
Wells Fargo's Timothy O'Shea raised their price target on Apollo Global Management (NYSE: APO) by 7.3% from $110 to $118 on 2024/02/09. The analyst maintained their Strong Buy rating on the stock.
"Apollo continues to exhibit strength in origination and flows in the retirement services channel, along with good early showings for its private wealth product suite," the analyst said after reviewing the company's Q4 and FY 2023 report, released on 2024/02/08.
Earnings Report
Apollo Global Management reported:
For Q4 2023:
- EPS of $1.91, which beat the Zacks Consensus Estimate of $1.51 and, by 34.5%, Q4 2022’s $1.42.
- Revenue of $795M, which missed the Zacks Consensus Estimate of $823.27M but beat Q4 2022’s $729M by 9.1%.
For FY 2023:
- EPS of $6.74, which beat FY 2022’s $5.42 by 24.4%.
- Revenue of $3.16B, which beat FY 2022’s $2.62B by 20.8%.
Management did not provide financial guidance in its press release and earnings call.
CEO Marc Rowan commented: “Amid a volatile market backdrop in 2023, Apollo was firing on all cylinders.
“We generated exceptional results highlighted by Fee and Spread Related Earnings growth exceeding 25% and nearly $160B of inflows.
“Entering 2024, we are employing discipline at every turn as we continue to provide our clients with excess return per unit of risk.”
Michael Cyprys, a bottom 9% analyst from Morgan Stanley maintains APO with a hold rating and raises their APO price target from $94.00 to $99.00, on Jan 24, 2024.
Bill Katz, a top 24% analyst from TD Cowen initiates coverage on APO with a buy rating and announces their APO price target of $115.00, on Jan 4, 2024.
Rufus Hone, a top 18% analyst from BMO Capital maintains APO with a buy rating and lowers their APO price target from $103.00 to $98.00, on Nov 3, 2023.
You can dig deeper into what analysts are saying on the Apollo Global Management stock forecast page.
APO Momentum
APO Performance Metrics
Last year, APO earnings were $5.00B. Over the last four year, APO's earnings have gone up by 22.29% per year. This was faster than the Asset Management industry average of 7.1%.
Last year, APO revenue was $32.64B. During the last 5 year, APO's revenue has increased by 97.26% per year. This was faster than the Asset Management industry average of 20.46%.
Learn more about APO's earnings and revenue performance here.
What are APO insiders up to?
In the last year, insiders at APO have sold more shares than they have bought.
Leon D. Black, was the latest APO insider to sell. They sold $49,817,700.00 worth of APO stock on Mar 19, 2024.
Research more about who owns APO shares here.
Does APO provide a stable income stream?
No, Apollo Global Management doesn't provide an income stream by paying out dividends.
What do other traders have to say about APO?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your APO purchase
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact price, place a limit order.
Press the Open button and your broker will place the order.
If you want more assistance investing in stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your APO position
Now that you own some APO shares, you'll want to stay up-to-date on your company.
Start a watchlist to see the latest developments about your APO stock.
APO Feed
How to Buy Stock in Apollo Global Management
To summarize, here are the 6 steps you need to take to buy Apollo Global Management stock right now:
- Choose where to buy Apollo Global Management stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Analyze Apollo Global Management stock
- Execute your APO purchase
- Keep an eye on your APO position
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Apollo Global Management, click the button below.
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