Ares Management Rising Higher Before Earnings
Ares Management provides advisory services and investment strategies for credit, private equity, real assets, and secondary markets. The company recently completed an acquisition that will help boost its real estate position and provide more growth.
The company will report earnings next week. The consensus quarterly per-share earnings expectation is $0.94, which would represent a year-over-year change of 13.3%. On the revenue side, ARES is expected to report revenues of roughly $834 million, which would be a 22.4% jump from a year prior.
It’s no wonder ARES shares are up 44% this year – and they could rise more. MAPsignals data shows how Big Money investors are betting heavily on the forward picture of the stock.
Big Money Loves Ares Management
Institutional volumes reveal plenty. In the last year, ARES has enjoyed strong investor demand, which we believe to be institutional support.
Each green bar signals unusually large volumes in ARES shares. They reflect our proprietary inflow signal, pushing the stock higher:
Plenty of financials names are under accumulation right now. But there’s a powerful fundamental story happening with Ares Management.
Ares Management Fundamental Analysis
Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, ARES has had strong sales and earnings growth:
- 3-year sales growth rate (+53.1%)
- 3-year EPS growth rate (+91%)
Source: FactSet
Also, EPS is estimated to ramp higher this year by +38.4%.
Now it makes sense why the stock has been powering to new heights. ARES has a track record of strong financial performance.
Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.
Ares Management has been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.
It’s made the rare Top 20 report multiple times in the last year. The blue bars below show when ARES was a top pick…making the stock rise:
Tracking unusual volumes reveals the power of money flows.
This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.
Ares Management Price Prediction
The ARES rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.
Disclosure: the author holds no position in ARES at the time of publication.
If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level, learn more about the MAPsignals process here.