APO Intrinsic Value – Barclays Analyst Boosts Confidence in Apollo Global Management with Increased Price Target
August 13, 2023
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On August 4, 2023, Benjamin Budish, an analyst from Barclays, expressed his optimism regarding Apollo Global Management ($NYSE:APO) by keeping an Overweight rating and increasing the price target. The firm invests across all major asset classes in the private equity, credit, and real estate markets. Additionally, Apollo provides financial advice and services in areas such as capital structure, capital raising, and mergers and acquisitions. Budish’s decision came after several recent public offerings from companies owned by Apollo Global Management. He believes that the success of these offerings is indicative of further growth potential for Apollo. Budish cites the firm’s strong track record in the private equity markets, along with its presence in emerging markets, as factors that have enabled the company to remain competitive.
In addition, Budish mentions Apollo’s commitment to sustainable investing and its focus on ESG-aligned investments as positive attributes. In sum, Budish is confident that Apollo Global Management is well-positioned for further growth and success. He believes that the company’s portfolio of investments, its commitment to ESG-aligned investments, and its presence in emerging markets are all factors that will continue to drive its success. As a result, Budish increased his price target for the stock and maintained his Overweight rating.
Market Price
At the opening bell, Apollo Global Management opened at $86.0 and closed at $86.3, up 0.2% from its prior closing price of 86.1. The new price target indicates that the analyst has a favorable outlook on the company’s future prospects. Additionally, investors have responded positively to the news and have been buying shares in the company. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for APO. More…
| Total Revenues | Net Income | Net Margin |
| 26.82k | -574 | 3.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for APO. More…
| Operations | Investing | Financing |
| 8.43k | -40.13k | 31.97k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for APO. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 281.98k | 264.66k | 14.52 |
Key Ratios Snapshot
Some of the financial key ratios for APO are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 153.0% | 63.5% | 6.3% |
| FCF Margin | ROE | ROA |
| 31.4% | 12.9% | 0.4% |
Analysis – APO Intrinsic Value
GoodWhale financials analysis of APOLLO GLOBAL MANAGEMENT reveals an intrinsic value of $162.8, as calculated by our proprietary Valuation Line. This is significantly higher than its current trading price of $86.3, resulting in a 47.0% undervaluation for the company’s shares. This presents an attractive investing opportunity for those looking to add APOLLO GLOBAL MANAGEMENT to their portfolio. GoodWhale can provide investors with a comprehensive analysis of APOLLO GLOBAL MANAGEMENT’s financials and help them make more informed investment decisions. More…
Peers
The competition between Apollo Global Management Inc and its competitors is fierce. KKR & Co Inc, Blackstone Inc, and Credit Suisse Group AG are all vying for a piece of the pie. The company has a strong track record of delivering superior returns to its investors. KKR & Co Inc is a leading global investment firm with a focus on buyouts, growth equity, and credit. Blackstone Inc is a leading global investment firm with a focus on private equity, real estate, and credit. Credit Suisse Group AG is a leading global financial services firm with a focus on investment banking, asset management, and wealth management.
– KKR & Co Inc ($NYSE:KKR)
KKR & Co Inc is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and hedge funds. The company has a market cap of 44.65B as of 2022 and a return on equity of 4.34%. KKR & Co Inc’s investment strategies are designed to generate long-term capital appreciation and create value for its investors. The company has a long history of successful investments in a wide range of industries and sectors.
– Blackstone Inc ($NYSE:BX)
Blackstone is a leading global investment firm specializing in private equity, credit, and hedge fund investments. With over $540 billion in assets under management, Blackstone’s diversified portfolio includes investments in some of the world’s most iconic companies. Blackstone’s return on equity is among the highest of all major investment firms, and its market capitalization is one of the largest in the world.
– Credit Suisse Group AG ($OTCPK:CSGKF)
Credit Suisse Group AG is a Swiss multinational investment bank and financial services company headquartered in Zurich, Switzerland. The company provides services in investment banking, private banking, asset management, and wealth management. Credit Suisse AG is one of the world’s largest banks with a market capitalization of $9.96 billion as of 2022. The company has a long history dating back to 1856 and has been a major player in the Swiss financial industry. Credit Suisse AG is a publicly traded company listed on the Swiss Stock Exchange.
Summary
On August 4th 2023, Barclays analyst Benjamin Budish gave a favorable opinion on Apollo Global Management, keeping the Overweight rating. He also raised the price target, showing confidence in the company’s future performance. This bullish outlook follows increasing demand for Apollo’s alternative asset management products, including private equity, real estate, and credit investments. Apollo is well-positioned to benefit from the current market climate, and may see further upside in the future.
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