Analysts expect Ares Management, L.P. (NYSE:ARES) to report $0.41 EPS on February, 23.They anticipate $0.03 EPS change or 6.82% from last quarter’s $0.44 EPS. ARES’s profit would be $87.18 million giving it 14.66 P/E if the $0.41 EPS is correct. After having $0.40 EPS previously, Ares Management, L.P.’s analysts see 2.50% EPS growth. The stock decreased 1.64% or $0.4 during the last trading session, reaching $24.05. About 184,792 shares traded or 35.88% up from the average. Ares Management, L.P. (NYSE:ARES) has risen 31.82% since February 17, 2017 and is uptrending. It has outperformed by 15.12% the S&P500.
8×8, Inc. provides cloud-based, enterprise-class software solutions for small and medium businesses, mid-market, and distributed enterprises worldwide. The company has market cap of $1.71 billion. The firm operates in two divisions, Americas and Europe. It currently has negative earnings. The companyÂ’s pure-cloud offering combines voice, conferencing, messaging, and video with integrated workflows and big data analytics on a single platform.
Ares Management, L.P. operates as an alternative asset manager in the United States, Europe, and Asia. The company has market cap of $5.11 billion. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. It has a 42.49 P/E ratio. The Company’s Direct Lending Group segment provides financing solutions to small-to-medium sized companies.
Investors sentiment decreased to 1.27 in Q3 2017. Its down 0.29, from 1.56 in 2017Q2. It turned negative, as 5 investors sold Ares Management, L.P. shares while 10 reduced holdings. 5 funds opened positions while 14 raised stakes. 11.98 million shares or 4.64% more from 11.45 million shares in 2017Q2 were reported. Deutsche Savings Bank Ag accumulated 126,000 shares. Gsa Partners Llp has 0.06% invested in Ares Management, L.P. (NYSE:ARES) for 46,000 shares. 626,996 are held by Wells Fargo & Mn. 14,155 were accumulated by Clinton Inc. holds 0.01% in Ares Management, L.P. (NYSE:ARES) or 1.28M shares. Gp One Trading L P holds 0% in Ares Management, L.P. (NYSE:ARES) or 600 shares. Pnc Fin Ser Grp invested in 0% or 155,424 shares. National Bank & Trust Of America De, North Carolina-based fund reported 42,009 shares. Morgan Stanley has invested 0% in Ares Management, L.P. (NYSE:ARES). Raymond James & Assoc holds 0% or 12,802 shares. Fmr Lc owns 506,713 shares. Bancorp Of New York Mellon owns 18,828 shares for 0% of their portfolio. Hsbc Hldgs Public Ltd Company invested 0% of its portfolio in Ares Management, L.P. (NYSE:ARES). Century stated it has 0.02% in Ares Management, L.P. (NYSE:ARES). Macquarie Grp Incorporated Limited accumulated 0% or 21,800 shares.
Among 10 analysts covering Ares Management (NYSE:ARES), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Ares Management had 34 analyst reports since August 11, 2015 according to SRatingsIntel. The stock has “Buy” rating by RBC Capital Markets on Friday, August 4. The stock of Ares Management, L.P. (NYSE:ARES) earned “Neutral” rating by Credit Suisse on Wednesday, January 25. The firm has “Outperform” rating given on Friday, April 7 by Wood. The firm has “Buy” rating given on Thursday, February 15 by Keefe Bruyette & Woods. The stock has “Buy” rating by Keefe Bruyette & Woods on Friday, August 4. The rating was upgraded by Keefe Bruyette & Woods on Friday, March 24 to “Outperform”. The firm earned “Neutral” rating on Friday, March 10 by Goldman Sachs. The firm earned “Neutral” rating on Wednesday, August 10 by Bank of America. The company was downgraded on Monday, February 27 by Keefe Bruyette & Woods. The rating was downgraded by Wells Fargo on Friday, February 16 to “Market Perform”.
Since January 1, 0001, it had 0 insider purchases, and 1 insider sale for $1.79 million activity.
Shannon River Fund Management Llc holds 2.58% of its portfolio in 8×8, Inc. for 583,657 shares. Kopp Investment Advisors Llc owns 149,670 shares or 1.85% of their US portfolio. Moreover, Herald Investment Management Ltd has 1.18% invested in the company for 270,000 shares. The Pennsylvania-based Emerald Advisers Inc Pa has invested 1.04% in the stock. Emerald Mutual Fund Advisers Trust, a Pennsylvania-based fund reported 1.60 million shares.
Ratings analysis reveals 0 of 8×8’s analysts are positive. Out of 2 Wall Street analysts rating 8×8, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $15.0 while the high is $17.0. The stock’s average target of $16 is -13.51% below today’s ($18.5) share price. EGHT was included in 2 notes of analysts from August 26, 2016. The rating was initiated by Morgan Stanley on Tuesday, April 11 with “Equal-Weight”. The company was initiated on Friday, August 26 by Robert W. Baird.
The stock increased 0.54% or $0.1 during the last trading session, reaching $18.5. About 762,119 shares traded. 8×8, Inc. (EGHT) has risen 12.01% since February 17, 2017 and is uptrending. It has underperformed by 4.69% the S&P500.