NYSE:APG

APi Group (APG) Stock Forecast, Price & News

$22.80

+0.22 (+0.97%)

(As of 05/26/2023 07:00 PM ET)

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Today's Range: $22.57
▼
$22.85
50-Day Range: $20.91
▼
$23.57
52-Week Range: $13.09
▼
$24.49

Volume: 380,300 shs
Average Volume: 932,869 shs
Market Capitalization: $5.36 billion

P/E Ratio: 108.57
Dividend Yield: N/A
Price Target: $24.57

APi Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 7.8% Upside
$24.57 Price Target
Short Interest: Healthy
2.44% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.97
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 16.67%
From $1.50 to $1.75 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.40 out of 5 stars

Business Services Sector

109th out of 346 stocks

Construction - Special Trade Contractors Industry

5th out of 8 stocks

1.3

Analyst's Opinion

Consensus Rating
APi Group has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $24.57, APi Group has a forecasted upside of 7.8% from its current price of $22.80.
Amount of Analyst Coverage
APi Group has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.44% of the float of APi Group has been sold short.
Short Interest Ratio / Days to Cover
APi Group has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in APi Group has recently increased by 2.44%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
APi Group does not currently pay a dividend.
Dividend Growth
APi Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for APG.

3.3

News and Social Media Coverage

News Sentiment
APi Group has a news sentiment score of 0.97. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for APi Group this week, compared to 2 articles on an average week.
Search Interest
Only 2 people have searched for APG on MarketBeat in the last 30 days. This is a decrease of -82% compared to the previous 30 days.
MarketBeat Follows
5 people have added APi Group to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, APi Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
13.70% of the stock of APi Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
72.84% of the stock of APi Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

4.4

Earnings and Valuation

Earnings Growth
Earnings for APi Group are expected to grow by 16.67% in the coming year, from $1.50 to $1.75 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of APi Group is 108.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.48.
Price to Earnings Ratio vs. Sector
The P/E ratio of APi Group is 108.57, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 265.99.
Price to Earnings Growth Ratio
APi Group has a PEG Ratio of 0.88. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
APi Group has a P/B Ratio of 2.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About APi Group (NYSE:APG) Stock

APi Group Corporation provides safety, specialty, and industrial services in North America, Europe, Australia, and the Asian-Pacific. It operates through three segments: Safety Services, Specialty Services, and Industrial Services. The Safety Services segment offers safety solutions focusing on end-to-end integrated occupancy systems, such as fire protection solutions; heating, ventilation, and air conditioning solutions; and entry systems, which include the design, installation, inspection, monitoring, and service of these integrated systems. The Specialty Services segment provides infrastructure and specialized industrial plant services, including maintenance and repair of underground electric, gas, water, sewer, and telecommunications infrastructure. This segment also offers engineering and design, fabrication, installation, and retrofitting and upgrading services. The Industrial Services segment provides various services and solutions comprising pipeline infrastructure, access and road construction, supporting facilities, and integrity management and maintenance to the energy industry focused on transmission and distribution. It serves customers in the public and private sectors, including commercial, industrial, fulfillment centers, distribution, manufacturing, education, healthcare, telecom, transmission, utilities, high tech, entertainment, retail, financial services, and governmental markets. The company was formerly known as J2 Acquisition Limited and changed its name to APi Group Corporation in October 2019. APi Group Corporation was founded in 1926 and is headquartered in New Brighton, Minnesota.

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APG Stock News Headlines

May 29, 2023 | americanbankingnews.com

Analysts Set APi Group Co. (NYSE:APG) Price Target at $24.57

May 27, 2023 | msn.com

APi Group: Capitalizing On Market Share Gain And Cross-Selling Opportunities

May 30, 2023 | Edge On The Street (Ad)

The Graphite Shortage Story You're Not Being Told

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May 26, 2023 | finance.yahoo.com

Institutional investors may overlook APi Group Corporation's (NYSE:APG) recent US$233m market cap drop as long-term gains remain positive

May 22, 2023 | finance.yahoo.com

What Makes APi Group Corporation (APG) an Excellent Business?

May 17, 2023 | msn.com

Baird Upgrades APi Group (APG)

May 17, 2023 | markets.businessinsider.com

Analysts Conflicted on These Industrial Goods Names: Magellan Midstream (MMP) and APi Group (APG)

May 17, 2023 | americanbankingnews.com

APi Group (NYSE:APG) Rating Increased to Outperform at Robert W. Baird

May 30, 2023 | Edge On The Street (Ad)

Is Graphite the New Lithium?

Did you know that graphite (NOT lithium) is the largest component of lithium batteries used for EV's? Unfortunately, there are no graphite-producing mines in North America today. This leaves the U.S. at the mercy of China for our vital graphite supply.

May 12, 2023 | msn.com

Barclays Maintains APi Group (APG) Overweight Recommendation

May 10, 2023 | finance.yahoo.com

APi Group Corporation (APG) is Attracting Investor Attention: Here is What You Should Know

May 10, 2023 | markets.businessinsider.com

Barclays Keeps Their Buy Rating on APi Group (APG)

May 10, 2023 | americanbankingnews.com

APi Group (NYSE:APG) Price Target Raised to $26.00 at Barclays

May 9, 2023 | finance.yahoo.com

Fast-paced Momentum Stock APi (APG) Is Still Trading at a Bargain

May 6, 2023 | seekingalpha.com

APi Group Corporation 2023 Q1 - Results - Earnings Call Presentation

May 5, 2023 | markets.businessinsider.com

RBC Capital Keeps Their Hold Rating on APi Group (APG)

May 5, 2023 | finance.yahoo.com

APi Group's (NYSE:APG) five-year total shareholder returns outpace the underlying earnings growth

May 5, 2023 | markets.businessinsider.com

Analysts Offer Insights on Industrial Goods Companies: Watts Water Technologies (WTS), Fox Factory Holding (FOXF) and APi Group (APG)

May 4, 2023 | finance.yahoo.com

APi Group Reports Record First Quarter 2023 Financial Results

May 2, 2023 | msn.com

APi Group (APG) Gears Up for Q1 Earnings: Here's What to Expect

May 2, 2023 | americanbankingnews.com

APi Group Co. (NYSE:APG) Receives $23.67 Average PT from Analysts

April 26, 2023 | msn.com

APi Group Corporation (APG) Is a Trending Stock: Facts to Know Before Betting on It

April 20, 2023 | finance.yahoo.com

APi Group Confirms Date for First Quarter 2023 Earnings Release

April 14, 2023 | finance.yahoo.com

APi (APG) Dips More Than Broader Markets: What You Should Know

April 13, 2023 | msn.com

Investors Heavily Search APi Group Corporation (APG): Here is What You Need to Know

April 11, 2023 | msn.com

APi (APG) Outpaces Stock Market Gains: What You Should Know

April 7, 2023 | markets.businessinsider.com

Analysts Conflicted on These Industrial Goods Names: Archrock (AROC) and APi Group (APG)

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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APG Company Calendar

Last Earnings: 5/04/2023
Today: 5/29/2023
Next Earnings (Estimated): 8/03/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Construction - special trade contractors
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NYSE:APG
CUSIP: N/A
CIK: 1796209
Web: www.apigroupinc.com
Phone: 651-636-4320
Fax: N/A
Employees: 26,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $24.57
High Stock Price Forecast: $29.00
Low Stock Price Forecast: $17.00
Forecasted Upside/Downside: +7.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.21
Trailing P/E Ratio: 108.57
Forward P/E Ratio: 15.20
P/E Growth: 0.88
Net Income: $73 million
Net Margins: 1.42%
Pretax Margin: 2.30%
Return on Equity: 17.49%
Return on Assets: 4.72%

Debt

Debt-to-Equity Ratio: 1.20
Current Ratio: 1.53
Quick Ratio: 1.42

Sales & Book Value

Annual Sales: $6.56 billion
Price / Sales: 0.82
Cash Flow: $2.83 per share
Price / Cash Flow: 8.06
Book Value: $9.09 per share
Price / Book: 2.51

Miscellaneous

Outstanding Shares: 235,210,000
Free Float: 202,989,000
Market Cap: $5.36 billion
Optionable: Not Optionable
Beta: 1.54

Key Executives

Mr. Russell A. Becker (Age 57)
CEO, Pres & Director
Comp: $2.33M

Mr. Kevin S. Krumm (Age 48)
Exec. VP & CFO
Comp: $984.79k

Ms. Andrea M. Fike J.D. (Age 63)
Exec. Officer
Comp: $652.39k

Mr. Paul W. Grunau (Age 58)
Pres of the APi Group International division
Comp: $723.6k

Mr. Steve Arsenault
Chief Information Officer

Ms. Olivia Walton
VP of Investor Relations

Mr. Louis Lambert
Sr. VP, Gen. Counsel & Sec.

Ms. Kristina M. Morton (Age 48)
Chief People Officer

Ms. Velma Korbel
VP & Chief of Diversity, Equity and Inclusion Officer

Mr. Craig Fellman
Sr. VP & Specialty Services Segment Leader

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

APG Stock - Frequently Asked Questions

Should I buy or sell APi Group stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for APi Group in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" APG shares.
View APG analyst ratings or view top-rated stocks.
What is APi Group's stock price forecast for 2023?: 6 brokers have issued 12-month price objectives for APi Group's stock. Their APG share price forecasts range from $17.00 to $29.00. On average, they anticipate the company's share price to reach $24.57 in the next twelve months. This suggests a possible upside of 7.8% from the stock's current price.
View analysts price targets for APG or view top-rated stocks among Wall Street analysts.
How have APG shares performed in 2023?: APi Group's stock was trading at $18.81 at the beginning of the year. Since then, APG shares have increased by 21.2% and is now trading at $22.80.
View the best growth stocks for 2023 here.
Are investors shorting APi Group?: APi Group saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 3,560,000 shares, a drop of 9.4% from the March 31st total of 3,930,000 shares. Based on an average trading volume of 1,110,000 shares, the short-interest ratio is currently 3.2 days. Currently, 2.3% of the company's shares are sold short.
View APi Group's Short Interest.
When is APi Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our APG earnings forecast.
How were APi Group's earnings last quarter?: APi Group Co. (NYSE:APG) issued its earnings results on Thursday, May, 4th. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.23 by $0.02. The company earned $1.61 billion during the quarter, compared to analysts' expectations of $1.55 billion. APi Group had a trailing twelve-month return on equity of 17.49% and a net margin of 1.42%. APi Group's revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.23 earnings per share.
What ETFs hold APi Group's stock?: ETFs with the largest weight of APi Group (NYSE:APG) stock in their portfolio include First Trust RBA American Industrial Renaissance ETF (AIRR), Goldman Sachs Hedge Industry VIP ETF (GVIP), Innovator IBD Breakout Opportunities ETF (BOUT), iShares U.S. Infrastructure ETF (IFRA), Invesco DWA Momentum ETF (PDP), iShares Russell 2000 Value ETF (IWN), Vanguard Russell 2000 Value ETF (VTWV) and John Hancock Multifactor Small Cap ETF (JHSC).
What guidance has APi Group issued on next quarter's earnings?: APi Group updated its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.75 billion-$1.78 billion, compared to the consensus revenue estimate of $1.73 billion.

What other stocks do shareholders of APi Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other APi Group investors own include Ampio Pharmaceuticals (AMPE), Trevena (TRVN), Advanced Micro Devices (AMD), Brainstorm Cell Therapeutics (BCLI), ChromaDex (CDXC), Chimerix (CMRX), CTI BioPharma (CTIC), DRDGOLD (DRD) and
What is APi Group's stock symbol?: APi Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "APG."
Who are APi Group's major shareholders?: APi Group's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.41%), Allspring Global Investments Holdings LLC (4.37%), Clearbridge Investments LLC (2.16%), FIL Ltd (2.05%), State Street Corp (1.85%) and Geode Capital Management LLC (1.65%). Insiders that own company stock include Anthony E Malkin, Julius Chepey, Paul W Grunau, Russell A Becker and Thomas A Lydon.
View institutional ownership trends.
How do I buy shares of APi Group?: Shares of APG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is APi Group's stock price today?: One share of APG stock can currently be purchased for approximately $22.80.
How much money does APi Group make?: APi Group (NYSE:APG) has a market capitalization of $5.36 billion and generates $6.56 billion in revenue each year. The company earns $73 million in net income (profit) each year or $0.21 on an earnings per share basis.
How many employees does APi Group have?: The company employs 26,000 workers across the globe.
How can I contact APi Group?: APi Group's mailing address is 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON MN, 55112. The official website for the company is www.apigroupinc.com. The company can be reached via phone at 651-636-4320 or via email at investorrelations@apigroupinc.us.

This page (NYSE:APG) was last updated on 5/30/2023 by MarketBeat.com Staff

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