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Why NYSE:APO qualifies as a high growth stock.

By Mill Chart

Last update: Apr 30, 2024

In this article we will dive into APOLLO GLOBAL MANAGEMENT INC (NYSE:APO) as a possible candidate for growth investing. Investors should always do their own research, but we noticed APOLLO GLOBAL MANAGEMENT INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Why NYSE:APO may be interesting for canslim investors.

  • The earnings per share (EPS) of APOLLO GLOBAL MANAGEMENT INC have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 34.51% increase. This reflects the company's ability to improve its profitability over time.
  • With consistent quarter-to-quarter (Q2Q) revenue growth of 143.0%, APOLLO GLOBAL MANAGEMENT INC exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
  • Over the past 3 years, APOLLO GLOBAL MANAGEMENT INC has demonstrated 49.43% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
  • APOLLO GLOBAL MANAGEMENT INC has a healthy Return on Equity(ROE) of 34.44%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
  • APOLLO GLOBAL MANAGEMENT INC has achieved an impressive Relative Strength (RS) rating of 93.55, showcasing its ability to outperform the broader market. This strong performance positions APOLLO GLOBAL MANAGEMENT INC as an attractive stock for potential price appreciation.
  • With a Debt-to-Equity ratio at 0.8, APOLLO GLOBAL MANAGEMENT INC showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
  • With 0.3% of the total shares held by institutional investors, APOLLO GLOBAL MANAGEMENT INC showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Analyzing the Technical Aspects

ChartMill utilizes a proprietary algorithm to assign a Technical Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of technical indicators and properties.

Overall APO gets a technical rating of 7 out of 10. In the last year, APO was one of the better performers, but we do observe some doubts in the very recent evolution.

  • The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
  • When comparing the yearly performance of all stocks, we notice that APO is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by APO over the past year are nicely spread over this period.
  • APO is part of the Financial Services industry. There are 102 other stocks in this industry. APO outperforms 91% of them.
  • APO is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so APO is leading the market.
  • In the last month APO has a been trading in the 105.80 - 117.15 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.

Check the latest full technical report of APO for a complete technical analysis.

How does the complete fundamental picture look for NYSE:APO?

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.

Taking everything into account, APO scores 5 out of 10 in our fundamental rating. APO was compared to 102 industry peers in the Financial Services industry. While APO is still in line with the averages on profitability rating, there are concerns on its financial health. APO is growing strongly while it is still valued neutral. This is a good combination!

For an up to date full fundamental analysis you can check the fundamental report of APO

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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