Ares Management Corp (NYSE: ARES) established initial surge of 4.90% at $172.50, before settling in for the price of $164.44 at the close. Taking a more long-term approach, ARES posted a 52-week range of $101.44-$171.78.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Financial sector firm’s twelve-monthly sales growth has been 47.97% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 52.32%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 11.40%. This publicly-traded company’s shares outstanding now amounts to $187.07 million, simultaneously with a float of $186.61 million. The organization now has a market capitalization sitting at $54.36 billion. At the time of writing, stock’s 50-day Moving Average stood at $157.02, while the 200-day Moving Average is $141.80.
Ares Management Corp (ARES) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Ares Management Corp industry. Ares Management Corp’s current insider ownership accounts for 7.54%, in contrast to 87.90% institutional ownership. Preceding that transaction, on Oct 17 ’24, Company’s Chief Mktg. & Strategy Officer sold 40,000 for 167.99, making the whole transaction’s value amount to 6,719,793. This particular insider is now the holder of 304,202 in total.
Ares Management Corp (ARES) Earnings and Revenue Records
Ares Management Corp’s EPS increase for this current 12-month fiscal period is 11.40% and is forecasted to reach 5.52 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 4.63. Alongside those numbers, its PE Ratio stands at $76.15, and its Beta score is 1.21. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 13.48. Similarly, its price to free cash flow for trailing twelve months is now 24.44.
In the same vein, ARES’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.27, a figure that is expected to reach 1.32 in the next quarter, and analysts are predicting that it will be 5.52 at the market close of one year from today.
Technical Analysis of Ares Management Corp (ARES)
Now, what If we examine the latest scores posted by [Ares Management Corp, ARES]. During the last 5-days, its volume was better the volume of 1.16 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 46.89% While, its Average True Range was 5.14.
Raw Stochastic average of Ares Management Corp (ARES) in the period of the previous 100 days is set at 93.21%, which indicates a major rise in contrast to 81.74% 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 31.10% that was higher than 29.73% volatility it exhibited in the past 100-days period.