Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
APi Group Corporation (NYSE: APG) closed the day trading at $37.82 up 1.10% from the previous closing price of $37.41. In other words, the price has increased by $1.10 from its previous closing price. On the day, 1.32 million shares were traded. APG stock price reached its highest trading level at $37.915 during the session, while it also had its lowest trading level at $37.29.
Ratios:
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 26.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.07. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 1.35. In the meantime, Its Debt-to-Equity ratio is 1.29 whereas as Long-Term Debt/Eq ratio is at 1.22.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on March 15, 2024, initiated with a Buy rating and assigned the stock a target price of $48.
Robert W. Baird Upgraded its Neutral to Outperform on May 17, 2023, whereas the target price for the stock was revised from $27 to $29.
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 Mar 05 ’24 when VIKING GLOBAL INVESTORS LP sold 3,038,617 shares for $34.25 per share. The transaction valued at 104,072,632 led to the insider holds 39,032 shares of the business.
VIKING GLOBAL INVESTORS LP sold 3,038,617 shares of APG for $104,072,632 on Mar 05 ’24. The 10% Owner now owns 39,032 shares after completing the transaction at $34.25 per share. On Mar 04 ’24, another insider, ASHKEN IAN G H, who serves as the Director of the company, sold 150,000 shares for $38.38 each. As a result, the insider received 5,757,000 and left with 5,978,779 shares of the company.
Valuation Measures:
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 10373534720 and an Enterprise Value of 13103534080. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.95 while its Price-to-Book (P/B) ratio in mrq is 4.37. Its current Enterprise Value per Revenue stands at 1.895 whereas that against EBITDA is 19.046.
Stock Price History:
Over the past 52 weeks, APG has reached a high of $39.98, while it has fallen to a 52-week low of $21.74. The 50-Day Moving Average of the stock is -0.87%, while the 200-Day Moving Average is calculated to be 19.66%.
Shares Statistics:
Over the past 3-months, APG traded about 1.63M shares per day on average, while over the past 10 days, APG traded about 1666650 shares per day. A total of 235.58M shares are outstanding, with a floating share count of 141.60M. Insiders hold about 18.29% of the company’s shares, while institutions hold 105.57% stake in the company. Shares short for APG as of 1713139200 were 6853262 with a Short Ratio of 4.22, compared to 1710460800 on 5614191. Therefore, it implies a Short% of Shares Outstanding of 6853262 and a Short% of Float of 4.38.
Earnings Estimates
The current rating of APi Group Corporation (APG) is the result of assessments by 10.0 analysts actively engaged in evaluating its market dynamics.On average, analysts expect EPS of $0.34 for the current quarter, with a high estimate of $0.36 and a low estimate of $0.32, while EPS last year was $0.25. The consensus estimate for the next quarter is $0.46, with high estimates of $0.49 and low estimates of $0.45.
Analysts are recommending an EPS of between $2.02 and $1.79 for the fiscal current year, implying an average EPS of $1.86. EPS for the following year is $2.12, with 10.0 analysts recommending between $2.29 and $1.93.
Revenue Estimates
For the next quarter, 10 analysts are estimating revenue of $1.79B. There is a high estimate of $1.82B for the next quarter, whereas the lowest estimate is $1.75B.
A total of 10 analysts have provided revenue estimates for APG’s current fiscal year. The highest revenue estimate was $7.26B, while the lowest revenue estimate was $7.06B, resulting in an average revenue estimate of $7.15B. In the same quarter a year ago, actual revenue was $6.93BBased on 10 analysts’ estimates, the company’s revenue will be $7.51B in the next fiscal year. The high estimate is $7.74B and the low estimate is $7.32B.
