Brokerages Expect Apollo Global Management LLC (APO) to Announce $0.61 EPS

Elias Hubbard
January 14, 2018

Grimes & Company Inc sold 8,797 shares as the company's stock declined 10.51% while stock markets rallied. The financial services provider reported $1.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.56 by $0.51. The stock increased 0.22% or $0.19 during the last trading session, reaching $87.87.

On average, analysts expect that Apollo Global Management will report full year earnings of $2.96 per share for the current year, with EPS estimates ranging from $2.87 to $3.01.

Apollo Global Management, LLC (NYSE:APO) has earned an average recommendation of "Buy" from the sixteen analysts that are now covering the stock. It has underperformed by 6.87% the S&P500. Therefore 8% are positive. Zacks' EPS averages are an average based on a survey of analysts that cover Apollo Global Management. The firm has "Mkt Perform" rating given on Tuesday, November 29 by Keefe Bruyette & Woods. Two analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. The firm has "Outperform" rating by Wood given on Thursday, August 4.

Apollo Global Management (NYSE:APO) was upgraded by Zacks Investment Research from a "hold" rating to a "buy" rating in a report issued on Tuesday, December 19th. (NASDAQ:SNI) on Friday, July 7 with "Hold" rating. The stock of Apollo Global Management, LLC (NYSE:APO) has "Buy" rating given on Thursday, October 29 by Argus Research. The rating was maintained by JP Morgan on Monday, November 2 with "Overweight".

Among 16 analysts covering Apollo Global Management (NYSE:APO), 13 have Buy rating, 0 Sell and 3 Hold. The rating was upgraded by Goldman Sachs on Wednesday, January 4 to "Buy". (NASDAQ:QCOM), 15 have Buy rating, 1 Sell and 20 Hold. Therefore 21% are positive. Apollo Global Management presently has a consensus rating of "Buy" and a consensus target price of $34.46. The company was maintained on Tuesday, August 8 by Morgan Stanley. The stock of Apple Inc. (NASDAQ:CSCO) earned "Buy" rating by Drexel Hamilton on Friday, June 23. RBC Capital Markets maintained the shares of BXS in report on Thursday, October 19 with "Hold" rating. The firm has "Buy" rating by Rosenblatt given on Thursday, October 22. The company was downgraded on Wednesday, November 23 by FBR Capital. As per Wednesday, February 22, the company rating was maintained by RBC Capital Markets. Ladenburg Thalmann Financial Services Inc. now owns 48,225 shares of the financial services provider's stock valued at $1,452,000 after buying an additional 11,248 shares during the period. Jefferies maintained it with "Buy" rating and $3100 target in Wednesday, August 2 report. 133.81 million shares or 1.40% less from 135.71 million shares in 2017Q2 were reported. It also reduced its holding in 3 (NYSE:DDD) by 28,800 shares in the quarter, leaving it with 34,537 shares, and cut its stake in Altaba Inc.

Analysts await Juno Therapeutics, Inc. (NASDAQ:CSCO) to report earnings on February, 21. Comerica Bancorporation reported 35,377 shares or 0.05% of all its holdings. APO's profit will be $253.76M for 14.36 P/E if the $0.63 EPS becomes a reality. Stelac Advisory Services LLC acquired a new stake in shares of Apollo Global Management in the 3rd quarter valued at approximately $117,000. Ontario Teachers Pension Plan Board invested in 0.04% or 64,852 shares.

In related news, insider John J. Suydam sold 50,642 shares of the business's stock in a transaction that occurred on Monday, November 28th. (NASDAQ:AAPL) on Monday, August 7. (NASDAQ:CSCO) was sold by Walker Karen.

Investors sentiment decreased to 1.22 in Q3 2017. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.74 and a current ratio of 1.74. It worsened, as 74 investors sold CSCO shares while 637 reduced holdings. Parametric Ltd Llc owns 53,724 shares for 0% of their portfolio. 585,720 are owned by Chicago Equity Prns Ltd. Knott David M invested in 30,000 shares or 0.39% of the stock. Pennsylvania Trust Com has invested 0.62% of its portfolio in Cisco Systems, Inc. Bender Robert & Assoc accumulated 138,624 shares. Cibc Asset Mgmt reported 664,141 shares. Hbk Sorce Advisory Limited Liability Co reported 19,582 shares or 0.15% of all its holdings. Fiduciary Serv Of The Southwest Tx has 38,048 shares. Teachers Retirement Of The State Of Kentucky owns 1.28M shares or 0.52% of their U.S. portfolio. Hamel Assoc has invested 3.79% in Apple Inc. Tealwood Asset Management holds 126,621 shares or 1.37% of its portfolio.

Intrust Bankshares Na owns 4,414 shares. Franklin Street Advsrs Nc invested 0.1% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). (NASDAQ:CSCO). 2.37M are owned by Metropolitan Life Ins New York.

Shares of Apollo Global Management (NYSE:APO) traded up $0.30 during midday trading on Tuesday, hitting $36.19. About 472,992 shares traded. Hmi Capital Llc who had been investing in Apollo Global Mgmt Llc for a number of months, seems to be less bullish one the $14.58B market cap company. It has outperformed by 46.63% the S&P500. New Amsterdam Prtnrs Ltd Llc has invested 1.37% in IPG Photonics Corporation (NASDAQ:IPGP). Its down 0.13, from 1.35 in 2017Q2.

The stock of Apollo Global Management, LLC (NYSE:APO) hit a new 52-week high and has $39.45 target or 9.00 % above today's $36.19 share price. 31 funds opened positions while 57 raised stakes. Entrustpermal Mngmt Limited Liability accumulated 1.21% or 96,500 shares. Mcmillion Capital Mgmt, a North Carolina-based fund reported 51,545 shares. Caldwell & Orkin Incorporated owns 31,500 shares or 0.96% of their USA portfolio. Raymond James And Associates invested 0.01% in Apollo Global Management, LLC (NYSE:APO). Stephens Ar reported 28,164 shares. Co Tx holds 67,525 shares or 0.11% of its portfolio. Comml Bank Of Mellon holds 0% of its portfolio in Apollo Global Management, LLC (NYSE:APO) for 10,576 shares. Hillsdale Investment holds 0.06% or 12,470 shares in its portfolio.

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