NYSE:APG

APi Group (APG) Stock Forecast, Price & News

$26.14

+0.58 (+2.27%)

(As of 09/27/2023 ET)

Compare

Today's Range: $25.65
▼
$26.26
50-Day Range: $25.29
▼
$29.16
52-Week Range: $13.09
▼
$29.57

Volume: 1.36 million shs
Average Volume: 853,937 shs
Market Capitalization: $6.16 billion

P/E Ratio: 96.81
Dividend Yield: N/A
Price Target: $31.00

APi Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 18.6% Upside
$31.00 Price Target
Short Interest: Bearish
2.29% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.56
Based on 5 Articles This Week
Insider Trading: Selling Shares
$74.70 M Sold Last Quarter
Proj. Earnings Growth: 18.54%
From $1.51 to $1.79 Per Share

Overall MarketRank^™

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

2.30 out of 5 stars

Business Services Sector

133rd out of 310 stocks

Construction - Special Trade Contractors Industry

7th out of 8 stocks

2.4

Analyst's Opinion

Consensus Rating
APi Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $31.00, APi Group has a forecasted upside of 18.6% from its current price of $26.14.
Amount of Analyst Coverage
APi Group has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.29% 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 4.4.
Change versus previous month
Short interest in APi Group has recently increased by 42.04%, indicating that investor sentiment is decreasing significantly.

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.

2.0

News and Social Media Coverage

News Sentiment
APi Group has a news sentiment score of 0.56. 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 lower news sentiment than the 0.67 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for APi Group this week, compared to 3 articles on an average week.
MarketBeat Follows
Only 3 people have added APi Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, APi Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $74,699,782.00 in company stock.
Percentage Held by Insiders
16.40% 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
83.44% of the stock of APi Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for APi Group are expected to grow by 18.54% in the coming year, from $1.51 to $1.79 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of APi Group is 96.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of APi Group is 96.81, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 41.44.
Price to Earnings Growth Ratio
APi Group has a PEG Ratio of 0.96. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
APi Group has a P/B Ratio of 2.88. 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, the Asian-Pacific, and other countries. It operates through Safety Services and Specialty Services segments. 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, and inspection 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, pipeline infrastructure, access and road construction, supporting facilities, and integrity management and maintenance to the energy industry. 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, 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.

APG Price History

30 days | 90 days | 365 days | Advanced Chart

APG Stock News Headlines

September 26, 2023 | insidermonkey.com

Here’s Why APi Group (APG) Outperformed in Q2

September 21, 2023 | finance.yahoo.com

Is APi Group (APG) an Attractive Investment Option?

September 28, 2023 | Behind the Markets (Ad)

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September 5, 2023 | benzinga.com

APi Group Announces Upcoming Participation in the Jefferies 2023 Industrials Conference and RBC's 2023 Global Industrials Conference

September 5, 2023 | finance.yahoo.com

APi Group Announces Upcoming Participation in the Jefferies 2023 Industrials Conference and RBC’s 2023 Global Industrials Conference

August 31, 2023 | msn.com

APi Group (APG) Price Target Increased by 13.36% to 33.79

August 27, 2023 | finance.yahoo.com

Is APi Group Corporation's (NYSE:APG) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

August 12, 2023 | finance.yahoo.com

Does APi Group Corporation (APG) Have a Short-Term Growth Catalyst?

September 28, 2023 | Behind the Markets (Ad)

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August 10, 2023 | finance.yahoo.com

APi (APG) Is Attractively Priced Despite Fast-paced Momentum

August 7, 2023 | finance.yahoo.com

Is APi Group Corporation (APG) a Multibagger Stock?

August 6, 2023 | finance.yahoo.com

APi Group Corporation (NYSE:APG) Released Earnings Last Week And Analysts Lifted Their Price Target To US$30.80

August 5, 2023 | nasdaq.com

Baird Maintains APi Group (APG) Outperform Recommendation

August 5, 2023 | seekingalpha.com

APi Group Corporation 2023 Q2 - Results - Earnings Call Presentation

August 3, 2023 | msn.com

APi Group beats top and bottom line estimates; raises guidance

August 3, 2023 | finance.yahoo.com

APi Group Reports Record Second Quarter 2023 Financial Results

July 31, 2023 | msn.com

Greystone Capital - APi Group: Trading For Less Than 10x EBITDA Looking Out

July 31, 2023 | seekingalpha.com

Greystone Capital - APi Group: Trading For Less Than 10x EBITDA Looking Out

July 28, 2023 | finance.yahoo.com

Should You Hold API Group (APG) for the Long-Term?

July 12, 2023 | seekingalpha.com

APi Group reports preliminary Q2 adjusted EBITDA to be ~$200M

July 11, 2023 | msn.com

Citigroup Maintains APi Group (APG) Buy Recommendation

July 11, 2023 | msn.com

APi Group Expects Strong Q2 Organic Revenue Growth, Plans To Pursue More Bolt-On Buyouts

July 11, 2023 | finance.yahoo.com

APi Group Provides Preliminary Second Quarter 2023 Financial Results

June 28, 2023 | finance.yahoo.com

APi (APG) Gains As Market Dips: What You Should Know

June 28, 2023 | finance.yahoo.com

Is Now The Time To Look At Buying APi Group Corporation (NYSE:APG)?

June 23, 2023 | finance.yahoo.com

Tourlite Capital: “APG is a Great Business with Sticky Recurring Revenue”

June 22, 2023 | finance.yahoo.com

Wall Street Analysts Look Bullish on APi (APG): Should You Buy?

See More Headlines

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APG Company Calendar

Last Earnings: 8/03/2023
Today: 9/28/2023
Next Earnings (Estimated): 11/02/2023
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: $31.00
High Stock Price Forecast: $34.00
Low Stock Price Forecast: $24.00
Forecasted Upside/Downside: +18.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.27
Trailing P/E Ratio: 96.81
Forward P/E Ratio: 17.31
P/E Growth: 0.96
Net Income: $73 million
Net Margins: 1.66%
Pretax Margin: 2.71%
Return on Equity: 17.35%
Return on Assets: 4.75%

Debt

Debt-to-Equity Ratio: 1.15
Current Ratio: 1.53
Quick Ratio: 1.43

Sales & Book Value

Annual Sales: $6.56 billion
Price / Sales: 0.94
Cash Flow: $2.89 per share
Price / Cash Flow: 9.06
Book Value: $9.09 per share
Price / Book: 2.88

Miscellaneous

Outstanding Shares: 235,790,000
Free Float: 197,117,000
Market Cap: $6.16 billion
Optionable: Not Optionable
Beta: 1.60

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Key Executives

Mr. Russell A. Becker (Age 57)
CEO, Pres & Director
Comp: $3.3M

Mr. Kevin S. Krumm (Age 48)
Exec. VP & CFO
Comp: $1.83M

Mr. Louis B. Lambert (Age 47)
Sr. VP, Gen. Counsel & Sec.
Comp: $574.85k

Ms. Kristina M. Morton (Age 48)
Sr. VP & Chief People Officer
Comp: $939.97k

Mr. Steve Arsenault
Chief Information Officer

Mr. Adam Fee
VP of Investor Relations

Mr. Paul W. Grunau (Age 58)
Pres of the APi Group International division

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

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

Mr. Don Brown
Sr. VP & US Safety 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?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for APi Group in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" APG shares.
View APG analyst ratings or view top-rated stocks.
What is APi Group's stock price forecast for 2023?: 4 Wall Street analysts have issued 12 month price targets for APi Group's stock. Their APG share price forecasts range from $24.00 to $34.00. On average, they predict the company's share price to reach $31.00 in the next year. This suggests a possible upside of 18.6% 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 stock has increased by 39.0% and is now trading at $26.14.
View the best growth stocks for 2023 here.
Are investors shorting APi Group?: APi Group saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,480,000 shares, an increase of 42.0% from the August 31st total of 2,450,000 shares. Based on an average trading volume of 794,400 shares, the days-to-cover ratio is presently 4.4 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, November 2nd 2023.
View our APG earnings forecast.
How were APi Group's earnings last quarter?: APi Group Co. (NYSE:APG) released its quarterly earnings results on Thursday, August, 3rd. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.01. The company earned $1.77 billion during the quarter, compared to the consensus estimate of $1.77 billion. APi Group had a trailing twelve-month return on equity of 17.35% and a net margin of 1.66%. The company's revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.37 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 Tema American Reshoring ETF (RSHO), First Trust Dorsey Wright Momentum & Value ETF (DVLU), Invesco Dorsey Wright Industrials Momentum ETF (PRN), Unusual Whales Subversive Democratic Trading ETF (NANC), First Trust Mid Cap Growth AlphaDEX Fund (FNY), iShares U.S. Infrastructure ETF (IFRA), Vanguard Russell 2000 Value ETF (VTWV) and First Trust Mid Cap Core AlphaDEX Fund (FNX).
What guidance has APi Group issued on next quarter's earnings?: APi Group updated its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.86 billion-$1.89 billion, compared to the consensus revenue estimate of $1.82 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 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. (6.31%), Allspring Global Investments Holdings LLC (4.07%), State Street Corp (1.83%), Clearbridge Investments LLC (1.70%), Geode Capital Management LLC (1.69%) and Northern Trust Corp (1.07%). Insiders that own company stock include Anthony E Malkin, James E Lillie, Juno Holdings LP Fd, 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 $26.14.
How much money does APi Group make?: APi Group (NYSE:APG) has a market capitalization of $6.16 billion and generates $6.56 billion in revenue each year. The company earns $73 million in net income (profit) each year or $0.27 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 9/28/2023 by MarketBeat.com Staff

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