
NYSE:APO
This summary was created by AI, based on 2 opinions in the last 12 months.
Apollo Global Management (APO-N) is currently regarded as a strong buy, despite recent challenges in the retail private credit sector. Analysts recognize Apollo's diversified portfolio and anticipate a robust earnings growth rate in the mid to high teens. The short-term pressure on retail private credit flows is seen as inconsequential to the company's overall performance. With projections suggesting a 19% growth in earnings by 2026 and a low trading multiple of less than 15.5x PE for that year, Apollo appears to present an attractive investment opportunity amidst current market conditions. This combination of strong growth prospects and reasonable valuation metrics makes Apollo a compelling choice for investors.
Private equity as an investment has grown tremendously over the last 15 years. This is because people think they get higher rates of return than in the stock market. You're better off buying the stock than the funds. You get all the benefits of the return, and you get the option of liquidity. Yield is 1.8%.
(Analysts’ price target is $128.59)The latest upgrade makese sense. There's a huge secular growth opportunity and these alternative managers expand into wealth management. Also, there's potential for cyclical growth--fundraising in private equity has beeen very slow this year, slow deal flows. But now, valuations in private equity have reset by 20%. This is attracting interest back in this space and bodes well for 2024.
It is an asset management company that focuses on investments in private equity and that lack liquidity. This is hard to do for an individual investor. It is in a volatile market because of the interest rate environment which affects companies that use debt. It has a good management team.
Buy 10 Hold 6 Sell 0
Is up 19% in the last month, 9% in the past week. Fee-related earnings are set to grow up to 20% compounded through 2029 by which time they will likely have $1.5 trillion AUM. They're buying Barnes who are busy in industrials.