On Tuesday, Ares Management Corp (NYSE: ARES) was 1.59% up from the session before settling in for the closing price of $176.03. A 52-week range for ARES has been $107.69 – $178.49.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 47.97%. When this article was written, the company’s average yearly earnings per share was at 11.24%. With a float of $186.63 million, this company’s outstanding shares have now reached $187.07 million.
The extent of productivity of a business whose workforce counts for 2850 workers is very important to gauge. In terms of profitability, gross margin is 52.69%, operating margin of 34.22%, and the pretax margin is 36.33%.
Ares Management Corp (ARES) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ares Management Corp stocks. The insider ownership of Ares Management Corp is 7.55%, while institutional ownership is 89.18%. The most recent insider transaction that took place on Nov 26 ’24, was worth 10,116,489. In this transaction Co-Founder of this company sold 56,781 shares at a rate of $178.17, taking the stock ownership to the 30,680 shares. Before that another transaction happened on Nov 25 ’24, when Company’s Co-Founder sold 28,887 for $175.82, making the entire transaction worth $5,078,809. This insider now owns 87,461 shares in total.
Ares Management Corp (ARES) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 11.24% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 22.71% during the next five years compared to 52.32% growth over the previous five years of trading.
Ares Management Corp (NYSE: ARES) Trading Performance Indicators
You can see what Ares Management Corp (ARES) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.88. Likewise, its price to free cash flow for the trailing twelve months is 20.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.23, a number that is poised to hit 1.32 in the next quarter and is forecasted to reach 5.55 in one year’s time.
Technical Analysis of Ares Management Corp (ARES)
The latest stats from [Ares Management Corp, ARES] show that its last 5-days average volume of 1.4 million was superior to 1.16 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 89.76%. Additionally, its Average True Range was 4.09.
During the past 100 days, Ares Management Corp’s (ARES) raw stochastic average was set at 99.90%, which indicates a significant increase from 99.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.01% in the past 14 days, which was lower than the 29.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $164.75, while its 200-day Moving Average is $144.97. Now, the first resistance to watch is $180.14. This is followed by the second major resistance level at $181.45. The third major resistance level sits at $184.02. If the price goes on to break the first support level at $176.26, it is likely to go to the next support level at $173.69. The third support level lies at $172.38 if the price breaches the second support level.
Ares Management Corp (NYSE: ARES) Key Stats
There are 313,056K outstanding shares of the company, which has a market capitalization of 55.98 billion. As of now, sales total 3,632 M while income totals 474,330 K. Its latest quarter income was 1,130 M while its last quarter net income were 117,870 K.
