Ares Management Corp (NYSE: ARES) kicked off on Tuesday, up 0.63% from the previous trading day, before settling in for the closing price of $173.95. Over the past 52 weeks, ARES has traded in a range of $107.69-$180.38.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 47.97%. While this was happening, its average annual earnings per share was recorded 11.24%. With a float of $187.12 million, this company’s outstanding shares have now reached $198.33 million.
Considering the fact that the conglomerate employs 2850 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Asset Management Industry. The insider ownership of Ares Management Corp is 7.31%, while institutional ownership is 89.15%. The most recent insider transaction that took place on Dec 02 ’24, was worth 16,505,728. In this transaction 10% Owner of this company sold 475,000 shares at a rate of $34.75, taking the stock ownership to the 36,827,768 shares. Before that another transaction happened on Nov 29 ’24, when Company’s 10% Owner sold 44,940 for $34.80, making the entire transaction worth $1,564,114. This insider now owns 37,302,768 shares in total.
Ares Management Corp (ARES) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.21 earnings per share (EPS), higher than consensus estimate (set at 1.1) by 0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.06 per share during the current fiscal year.
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
Take a look at Ares Management Corp’s (ARES) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.59. Likewise, its price to free cash flow for the trailing twelve months is 19.97.
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)
Compared to the last year’s volume of 1.16 million, its volume of 1.0 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 61.28%. Additionally, its Average True Range was 4.01.
During the past 100 days, Ares Management Corp’s (ARES) raw stochastic average was set at 89.82%, which indicates a significant increase from 64.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.70% 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 $166.33, while its 200-day Moving Average is $145.77. Nevertheless, the first resistance level for the watch stands at $176.22 in the near term. At $177.40, the stock is likely to face the second major resistance level. The third major resistance level sits at $178.50. If the price goes on to break the first support level at $173.94, it is likely to go to the next support level at $172.84. Now, if the price goes above the second support level, the third support stands at $171.66.
Ares Management Corp (NYSE: ARES) Key Stats
The company with the Market Capitalisation of 54.80 billion has total of 313,056K Shares Outstanding. Its annual sales at the moment are 3,632 M in contrast with the sum of 474,330 K annual income. Company’s last quarter sales were recorded 1,130 M and last quarter income was 117,870 K.
