Timing, Fundamentals, and Diversification of APi Group Corporation (APG)

APi Group Corporation (NYSE: APG) closed the day trading at $21.03 up 0.62% from the previous closing price of $20.90. In other words, the price has increased by $+0.13 from its previous closing price. On the day, 3006309 shares were traded. APG stock price reached its highest trading level at $21.18 during the session, while it also had its lowest trading level at $20.25.

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For a better understanding of APG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.20. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 1.32 whereas as Long-Term Debt/Eq ratio is at 1.22.

Upgrades & Downgrades

On June 17, 2022, JP Morgan started tracking the stock assigning a Neutral rating and target price of $17.

On March 25, 2022, RBC Capital Mkts started tracking the stock assigning a Sector Perform rating and target price of $24.RBC Capital Mkts initiated its Sector Perform rating on March 25, 2022, with a $24 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 19 when MALKIN ANTHONY E bought 43,000 shares for $15.10 per share. The transaction valued at 649,300 led to the insider holds 83,400 shares of the business.

MALKIN ANTHONY E bought 21,500 shares of APG for $324,650 on Sep 19. The Director now owns 77,396 shares after completing the transaction at $15.10 per share. On Sep 16, another insider, MALKIN ANTHONY E, who serves as the Director of the company, bought 3,390 shares for $14.97 each. As a result, the insider paid 50,748 and bolstered with 51,150 shares of the company.

Valuation Measures:

As of this moment, APi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 228.59, and their Forward P/E ratio for the next fiscal year is 12.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 14.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.79 while its Price-to-Book (P/B) ratio in mrq is 2.30.

Stock Price History:

Over the past 52 weeks, APG has reached a high of $24.49, while it has fallen to a 52-week low of $13.09. The 50-Day Moving Average of the stock is 21.57, while the 200-Day Moving Average is calculated to be 17.84.

Shares Statistics:

Over the past 3-months, APG traded about 915.41K shares per day on average, while over the past 10 days, APG traded about 1.83M shares per day. A total of 233.00M shares are outstanding, with a floating share count of 205.42M. Insiders hold about 1.00% of the company’s shares, while institutions hold 86.70% stake in the company. Shares short for APG as of Jan 30, 2023 were 3.88M with a Short Ratio of 4.06M, compared to 4.65M on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.66% and a Short% of Float of 2.77%.

Earnings Estimates

Current recommendations for the stock of the company come from 10 analysts. On average, analysts expect EPS of $0.34 for the current quarter, with a high estimate of $0.36 and a low estimate of $0.31, while EPS last year was $0.29. The consensus estimate for the next quarter is $0.26, with high estimates of $0.33 and low estimates of $0.21.

Analysts are recommending an EPS of between $1.32 and $1.22 for the fiscal current year, implying an average EPS of $1.3. EPS for the following year is $1.46, with 10 analysts recommending between $1.64 and $1.28.

Revenue Estimates

7 analysts predict $1.63B in revenue for the current quarter. It ranges from a high estimate of $1.65B to a low estimate of $1.61B. As of the current estimate, APi Group Corporation’s year-ago sales were $1.11B, an estimated increase of 46.20% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $1.52B, an increase of 3.10% less than the figure of $46.20% in the same quarter last year. There is a high estimate of $1.61B for the next quarter, whereas the lowest estimate is $1.47B.

A total of 9 analysts have provided revenue estimates for APG’s current fiscal year. The highest revenue estimate was $6.51B, while the lowest revenue estimate was $6.47B, resulting in an average revenue estimate of $6.48B. In the same quarter a year ago, actual revenue was $3.94B, up 64.50% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $6.7B in the next fiscal year. The high estimate is $7.03B and the low estimate is $6.4B. The average revenue growth estimate for next year is up 3.30% from the average revenue estimate for this year.