Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
APi Group Corporation (APG)
NYSE:APG
Holding APG?
Track your performance easily
APG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$24.61 - $39.98
Previous Close$32.82
Volume1.17M
Average Volume (3M)1.92M
Market Cap
$9.22B
Enterprise Value$11.74B
Total Cash (Recent Filing)$324.00M
Total Debt (Recent Filing)$2.85B
Price to Earnings (P/E)―
Beta1.40
Next Earnings
Oct 31, 2024EPS Estimate
$0.52Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.02
Shares Outstanding274,695,582
10 Day Avg. Volume873,475
30 Day Avg. Volume1,920,474
Standard Deviation0.10
R-Squared0.58
Alpha0.00733
Financial Highlights & Ratios
Price to Book (P/B)-5.15
Price to Sales (P/S)1.32
Price to Cash Flow (P/CF)20.70
P/FCF Ratio25.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.70
Enterprise Value/Gross Profit6.05
Enterprise Value/Ebitda16.63
Forecast
1Y Price Target
$42.83Price Target Upside30.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
APi Group News
PremiumCompany Announcements
APi Group Announces Acquisition and Updates 2024 Outlook
PremiumCompany Announcements
APi Group Refinances Debt and Streamlines Capital Structure
Bulls Say, Bears Say
Bulls Say
Backlog IncreaseThe company reported a $500mn backlog increase and the highest backlog in two years.
ProfitabilityAdjusted EBITDA beat expectations by 2% and APG raised the low end of EBITDA guidance, demonstrating confidence.
Revenue GrowthThe company's core Services revenues remain on track to hit management’s initial plan.
Bears Say
Customer LossSpecialty services lost a utility customer accounting for 11% of its services revenue, which is notable.
Project DelaysThe sales miss was due to a delay in three larger projects, putting the company 75-90 days behind plan on its anticipated Specialty Services recovery.
Revenue Concerns2Q24's results and softer revenue disappointed, raising concerns over demand particularly after strong reports from peers EME/FIX.
---
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
APG FAQ
What was APi Group Corporation’s price range in the past 12 months?
APi Group Corporation lowest stock price was $24.61 and its highest was $39.98 in the past 12 months.
What is APi Group Corporation’s market cap?
Currently, no data Available
When is APi Group Corporation’s upcoming earnings report date?
APi Group Corporation’s upcoming earnings report date is Oct 31, 2024 which is in 54 days.
How were APi Group Corporation’s earnings last quarter?
APi Group Corporation released its earnings results on Aug 01, 2024. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.472 by $0.018.
Is APi Group Corporation overvalued?
According to Wall Street analysts APi Group Corporation’s price is currently Undervalued.
Does APi Group Corporation pay dividends?
APi Group Corporation does not currently pay dividends.
What is APi Group Corporation’s EPS estimate?
APi Group Corporation’s EPS estimate is $0.52.
How many shares outstanding does APi Group Corporation have?
APi Group Corporation has 274,695,600 shares outstanding.
What happened to APi Group Corporation’s price movement after its last earnings report?
APi Group Corporation reported an EPS of $0.49 in its last earnings report, beating expectations of $0.472. Following the earnings report the stock price went down -4.328%.
Which hedge fund is a major shareholder of APi Group Corporation?
Among the largest hedge funds holding APi Group Corporation’s share is Viking Global Investors LP. It holds APi Group Corporation’s shares valued at 1B.
---
APi Group Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$42.83 (30.50% Upside)
$42.83 (30.50% Upside)
Blogger Sentiment
Bullish
APG Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 8.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $74.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days >0.1%
Last 30 Days ▼ 6.3%
Last 30 Days ▼ 6.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
19.82%
12-Months-Change
Fundamentals
Return on Equity
6.57%
Trailing 12-Months
Asset Growth
-0.16%
Trailing 12-Months
Company Description
APi Group Corporation
APi Group Corp operates in three areas including Industrial Solutions, Safety Solutions, and Specialty Services. Its Industrial solutions segment provides a variety of specialty contracting services and solutions to the energy industry focused on transmission and distribution in the U.S. and Canada. The Safety Solutions segment provides fire protection solutions, HVAC and specialty systems, which include the design, installation, inspection, and service of these integrated building systems in North America. Its Specialty Services segment provides diversified infrastructure and specialty contractor solutions, focusing on infrastructure services and specialized industrial plant solutions, including maintenance and repair of water, sewer and telecom infrastructure.
---
APG Company Deck
---
APG Earnings Call
Q2 2024
0:00 / 0:00
---
APG Stock 12 Month Forecast
Average Price Target
$42.83
▲(30.50% Upside)
Technical Analysis
Best Analysts Covering APG
1 Year
1 Year Success Rate
12/14 ratings generated profit
1 Year Average Return
+36.10%
reiterated a buy rating 5 months ago
Copying Andrew Kaplowitz's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +36.10% per trade.
---