
NYSE:APO
This summary was created by AI, based on 2 opinions in the last 12 months.
Apollo Global Management (APO-N) is currently viewed as a strong investment opportunity, with experts highlighting its resilience despite the difficult conditions in the retail private credit market. Even as retail credit flows may be under pressure, Apollo's diverse portfolio and robust operations enable it to sustain mid to high-teens earnings growth. The firm is projected to achieve a remarkable 19% earnings growth by 2026, which positions it favorably relative to its price-earnings (PE) ratio of under 15.5x for that year. Analysts suggest that gating flows in retail private credit will have negligible impact on the company's overall performance, bolstering confidence in its stability. Hence, many analysts advocate for buying the stock at its current valuation.
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.