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Why NYSE:APO qualifies as a high growth stock.

By Mill Chart

Last update: May 22, 2024

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if APOLLO GLOBAL MANAGEMENT INC (NYSE:APO) is suited for growth investing. Investors should of course do their own research, but we spotted APOLLO GLOBAL MANAGEMENT INC showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Some of the canslim metrics of NYSE:APO highlighted

  • The quarterly earnings of APOLLO GLOBAL MANAGEMENT INC have shown a 21.13% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
  • With impressive quarter-to-quarter (Q2Q) revenue growth of 32.81%, APOLLO GLOBAL MANAGEMENT INC showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
  • 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.
  • With a favorable Return on Equity (ROE) of 35.29%, APOLLO GLOBAL MANAGEMENT INC demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
  • The Relative Strength (RS) of APOLLO GLOBAL MANAGEMENT INC has consistently been strong, with a current 91.1 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. APOLLO GLOBAL MANAGEMENT INC demonstrates promising potential for sustained price momentum.
  • Maintaining a Debt-to-Equity ratio of 0.83, APOLLO GLOBAL MANAGEMENT INC demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
  • APOLLO GLOBAL MANAGEMENT INC exhibits a favorable ownership structure, with an institutional shareholder ownership of 0.3%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

Zooming in on the technicals.

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

Taking everything into account, APO scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, APO is showing a nice and steady performance.

  • The long and short term trends are both positive. This is looking good!
  • Looking at the yearly performance, APO did better than 91% of all other 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 86% of them.
  • APO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
  • In the last month APO has a been trading in the 106.92 - 115.48 range, which is quite wide. It is currently trading near the high of this range.

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

What is the full fundamental picture of NYSE:APO telling us.

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

We assign a fundamental rating of 5 out of 10 to APO. 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 not priced too expensively while it is growing strongly. Keep and eye on this one!

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.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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