Apollo's Strong Q3 Results Propel Price Forecast Upgrade — Analyst Highlights Asset Growth And Future Potential
Apollo's Strong Q3 Results Propel Price Forecast Upgrade — Analyst Highlights Asset Growth And Future Potential
Apollo Global Management, Inc. (NYSE:APO) shares are trading higher on Wednesday.
阿波羅全球管理公司（NYSE:APO）股價週三上漲。
On Tuesday, Apollo reported third-quarter adjusted earnings per share of $1.85, surpassing analyst estimates of $1.72 and revenue of $7.77 billion, beating the street view of $4.13 billion.
週二，阿波羅報告第三季調整後每股收益爲1.85美元，超過了分析師預估的1.72美元和77.7億美元的營業收入，超過了街道預期的41.3億美元。
Apollo said it now manages a total of $733 billion in assets, with $551 billion generating fees. Over the past year, Apollo saw $151 billion in new inflows and deployed $248 billion in capital. Apollo's Fee Related Earnings (FRE) were $531 million, while Spread Related Earnings (SRE) were $856 million.
阿波羅表示，該公司目前管理的資產總額爲7330億美元，其中5510億美元產生了費用。過去一年，阿波羅吸引了1510億美元的新增資金，並投入了2480億美元的資本。阿波羅的費用相關收入（FRE）爲53100萬美元，而利差相關收入（SRE）爲85600萬美元。
JP Morgan analyst Kenneth B. Worthington raised the price target to $161 from $143 while maintaining an Overweight rating.
摩根大通分析師肯尼斯·B·沃辛頓將價格目標從143美元上調至161美元，同時維持超配評級。
The analyst writes that, in just three quarters of 2024, APO has already surpassed the $150 billion 2026 target set during the previous investor day and is on track to achieve the $275 billion annual target by 2029.
分析師稱，在2024年的三個季度中，阿波羅已經超過了之前投資者日設定的1500億美元的2026年目標，並計劃在2029年實現2750億美元的年度目標。
Following the strong performance and positive commentary, the analyst remains confident that APO's ambitious 2029 targets—20% annual FRE growth, 20% annual SRE growth, and doubling ANI/Sh to $15—are achievable.
在強勁表現和積極評價之後，該分析師仍然相信阿波羅雄心勃勃的2029年目標——20%的年度FRE增長，20%的年度SRE增長，將ANI/Sh翻倍至15美元是可以實現的。
As a result, Worthington raised the multiple applied to APO's 2026E post-tax, post-SBC FRE from a range of 23.0x-25.0x to 27.5x.
因此，沃辛頓將應用於阿波羅2026年後稅後、後SBC FRE的倍數從23.0倍-25.0倍提高至27.5倍。
The analyst raised the price target from $143 to $161 and reiterated the stock's Overweight rating.
該分析師將股價目標從143美元上調至161美元，並重申該股票的超配評級。
Investors can gain exposure to the BX stock via EA Series Trust WHITEWOLF Publicly Listed Private Equity ETF (BATS:LBO) and Fidelity Disruptive Finance ETF (NASDAQ:FDFF).
投資者可以通過EA Series Trust WHITEWOLF Publicly Listed Private Equity ETF（BATS：LBO）和Fidelity Disruptive Finance ETF（NASDAQ：FDFF）獲得對BX股票的投資。
Price Action: APO shares are up 9.78% at $163.86 at the last check Wednesday.
價格走勢：阿波羅全球管理股價週三最後一次檢查時上漲9.78%，報163.86美元。
Image via Shutterstock
圖片來源：shutterstock
- Apollo's Fee Related Earnings Growth Sets It Apart in Alternative Assets, Says Goldman Sachs With Bullish EPS Forecast
- 阿波羅的費用相關收益增長使其在另類資產中脫穎而出，高盛表示看好每股收益預測
譯文內容由第三人軟體翻譯。
