APi Group Corporation (NYSE: APG) closed the day trading at $22.49 down -2.22% from the previous closing price of $23.00. In other words, the price has decreased by -$0.51 from its previous closing price. On the day, 697289 shares were traded. APG stock price reached its highest trading level at $22.89 during the session, while it also had its lowest trading level at $22.33.
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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 14.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.07. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 1.30 whereas as Long-Term Debt/Eq ratio is at 1.27.
Upgrades & Downgrades
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.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, APG now has a Market Capitalization of 5.29B and an Enterprise Value of 8.54B. As of this moment, APi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 96.52, and their Forward P/E ratio for the next fiscal year is 12.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 2.43. Its current Enterprise Value per Revenue stands at 1.28 whereas that against EBITDA is 14.46.
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 21.90, while the 200-Day Moving Average is calculated to be 19.22.
Over the past 3-months, APG traded about 1.20M shares per day on average, while over the past 10 days, APG traded about 894.75k shares per day. A total of 234.00M 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 Apr 27, 2023 were 3.69M with a Short Ratio of 3.69M, compared to 3.93M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.57% and a Short% of Float of 2.84%.
Current recommendations for the stock of the company come from 10 analysts. On average, analysts expect EPS of $0.4 for the current quarter, with a high estimate of $0.42 and a low estimate of $0.37, while EPS last year was $0.37. The consensus estimate for the next quarter is $0.43, with high estimates of $0.45 and low estimates of $0.42.
Analysts are recommending an EPS of between $1.54 and $1.46 for the fiscal current year, implying an average EPS of $1.5. EPS for the following year is $1.79, with 10 analysts recommending between $1.89 and $1.66.
7 analysts predict $1.77B in revenue for the current quarter. It ranges from a high estimate of $1.78B to a low estimate of $1.75B. As of the current estimate, APi Group Corporation’s year-ago sales were $1.65B, an estimated increase of 7.10% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $1.82B, an increase of 7.90% over than the figure of $7.10% in the same quarter last year. There is a high estimate of $1.84B for the next quarter, whereas the lowest estimate is $1.79B.
A total of 9 analysts have provided revenue estimates for APG’s current fiscal year. The highest revenue estimate was $7.03B, while the lowest revenue estimate was $6.91B, resulting in an average revenue estimate of $6.98B. In the same quarter a year ago, actual revenue was $6.56B, up 6.40% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $7.29B in the next fiscal year. The high estimate is $7.44B and the low estimate is $7.16B. The average revenue growth estimate for next year is up 4.50% from the average revenue estimate for this year.