Additionally, the 36-month beta value for APG is 1.83. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 3 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for APG is 150.72M and currently, short sellers hold a 2.30% ratio of that float. The average trading volume of APG on November 05, 2024 was 1.56M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
APG) stock’s latest price update
APi Group Corporation (NYSE: APG)’s stock price has dropped by -0.25 in relation to previous closing price of 35.34. Nevertheless, the company has seen a gain of 7.24% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-01 that APi Group Corporation (NYSE:APG ) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Adam Fee – VP, IR Russell Becker – President and CEO Kevin Krumm – EVP and CFO Conference Call Participants Kenyon Pelletier – Barclays Stephanie Moore – Jefferies Andy Wittmann – Baird Kathryn Thompson – Thompson Research Group Andy Kaplowitz – Citigroup Josh Chan – UBS Jon Tanwanteng – CJS Securities Operator Good morning, ladies and gentlemen and welcome to APi Group’s Third Quarter 2024 Financial Results Conference Call. All participants are now in a listen-only mode until the question-and-answer session.
APG’s Market Performance
APi Group Corporation (APG) has experienced a 7.24% rise in stock performance for the past week, with a 9.71% rise in the past month, and a 6.17% rise in the past quarter. The volatility ratio for the week is 3.45%, and the volatility levels for the past 30 days are at 2.29% for APG. The simple moving average for the past 20 days is 4.82% for APG’s stock, with a -1.79% simple moving average for the past 200 days.
Analysts’ Opinion of APG
Many brokerage firms have already submitted their reports for APG stocks, with Jefferies repeating the rating for APG by listing it as a “Buy.” The predicted price for APG in the upcoming period, according to Jefferies is $48 based on the research report published on March 15, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see APG reach a price target of $40. The rating they have provided for APG stocks is “Buy” according to the report published on January 25th, 2024.
Robert W. Baird gave a rating of “Outperform” to APG, setting the target price at $29 in the report published on May 17th of the previous year.
APG Trading at 4.42% from the 50-Day Moving Average
After a stumble in the market that brought APG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.83% of loss for the given period.
Volatility was left at 2.29%, however, over the last 30 days, the volatility rate increased by 3.45%, as shares surge +10.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.43% lower at present.
During the last 5 trading sessions, APG rose by +7.24%, which changed the moving average for the period of 200-days by +10.57% in comparison to the 20-day moving average, which settled at $33.63. In addition, APi Group Corporation saw 1.88% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at APG starting from MEF Holdings, LLLP, who proposed sale 660,000 shares at the price of $35.43 back on Nov 04 ’24. After this action, MEF Holdings, LLLP now owns shares of APi Group Corporation, valued at $23,383,075 using the latest closing price.
Lambert Louis, the SVP, Gen Counsel & Secretary of APi Group Corporation, sale 5,679 shares at $36.04 during a trade that took place back on Aug 26 ’24, which means that Lambert Louis is holding 2,421 shares at $204,671 based on the most recent closing price.
Stock Fundamentals for APG
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.28 for the gross margin
The net margin for APi Group Corporation stands at 0.03. The total capital return value is set at 0.07. Equity return is now at value 6.94, with 2.57 for asset returns.
Based on APi Group Corporation (APG), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 0.96. The interest coverage ratio of the stock is 3.15.
Currently, EBITDA for the company is 662.0 million with net debt to EBITDA at 3.52. When we switch over and look at the enterprise to sales, we see a ratio of 1.76. The receivables turnover for the company is 5.15for trailing twelve months and the total asset turnover is 0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.51.
Conclusion
In conclusion, APi Group Corporation (APG) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
