As on Wednesday, Ares Management Corp (NYSE: ARES) started slowly as it slid -0.24% to $167.38, before settling in for the price of $167.78 at the close. Taking a more long-term approach, ARES posted a 52-week range of $96.00-$171.76.
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The Financial Sector giants’ yearly sales growth during the last 5-year period was 47.97%. Meanwhile, its Annual Earning per share during the time was 52.32%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 12.78%. This publicly-traded company’s shares outstanding now amounts to $187.07 million, simultaneously with a float of $186.58 million. The organization now has a market capitalization sitting at $33.78 billion. At the time of writing, stock’s 50-day Moving Average stood at $152.51, while the 200-day Moving Average is $139.27.
Ares Management Corp (ARES) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Asset Management industry. Ares Management Corp’s current insider ownership accounts for 7.55%, in contrast to 87.15% institutional ownership. According to the most recent insider trade that took place on Oct 17 ’24, this organization’s Chief Mktg. & Strategy Officer sold 40,000 shares at the rate of 167.99, making the entire transaction reach 6,719,793 in total value, affecting insider ownership by 304,202.
Ares Management Corp (ARES) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.39 per share during the current fiscal year.
Ares Management Corp’s EPS increase for this current 12-month fiscal period is 12.78% and is forecasted to reach 5.70 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 23.06% through the next 5 years, which can be compared against the 52.32% growth it accomplished over the previous five years trading on the market.
Ares Management Corp (NYSE: ARES) Trading Performance Indicators
Let’s observe the current performance indicators for Ares Management Corp (ARES). The Stock has managed to achieve an average true range (ATR) of 3.62. Alongside those numbers, its PE Ratio stands at $84.60, and its Beta score is 1.22. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 9.40. Similarly, its price to free cash flow for trailing twelve months is now 15.19.
In the same vein, ARES’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.98, a figure that is expected to reach 0.94 in the next quarter, and analysts are predicting that it will be 5.70 at the market close of one year from today.
Technical Analysis of Ares Management Corp (ARES)
Through scrutinizing the latest numbers posted by the [Ares Management Corp, ARES], it can be observed that its last 5-days Average volume of 1.12 million was lower the volume of 1.14 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 75.34% While, its Average True Range was 3.61.
Raw Stochastic average of Ares Management Corp (ARES) in the period of the previous 100 days is set at 89.99%, which indicates a major rise in contrast to 77.01% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 30.21% that was higher than 29.90% volatility it exhibited in the past 100-days period.
