During the recent session, APi Group Corporation (NYSE:APG)’s traded shares were 2.14 million, with the beta value of the company hitting 1.58. At the last check today, the stock’s price was $50.99, reflecting an intraday gain of 4.17% or $2.04. The 52-week high for the APG share is $49.55, that puts it up 2.82 from that peak though still a striking 39.67% gain since the share price plummeted to a 52-week low of $30.76. The company’s market capitalization is $14.32B, and the average intraday trading volume over the past 10 days was 1.4 million shares, and the average trade volume was 1.78 million shares over the past three months.
APi Group Corporation (APG) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.36. APG has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.56.
APi Group Corporation (NYSE:APG) trade information
APi Group Corporation (APG) registered a 4.17% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.17% in intraday trading to $50.99, hitting a weekly high. The stock’s 5-day price performance is 5.77%, and it has moved by 11.04% in 30 days. Based on these gigs, the overall price performance for the year is 33.06%. The short interest in APi Group Corporation (NYSE:APG) is 3.27 million shares and it means that shorts have 1.37 day(s) to cover.
The consensus price target of analysts on Wall Street is $53, which implies an increase of 3.79% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $52 and $54 respectively. As a result, APG is trading at a discount of -5.9% off the target high and -1.98% off the low.
APi Group Corporation (APG) estimates and forecasts
In the rating firms’ projections, revenue will increase 7.06% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.9B as predicted by 9 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to 1.93B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.73B and 1.83B respectively. In this case, analysts expect current quarter sales to grow by 9.58% and then jump by 5.89% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -16.78%. While earnings are projected to return 13.08% in 2025, the next five years will return 12.49% per annum.
APG Dividends
APi Group Corporation is due to release its next quarterly earnings on 2025-May-01. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
APi Group Corporation (NYSE:APG)’s Major holders
APi Group Corporation insiders own 11.26% of total outstanding shares while institutional holders control 84.77%, with the float percentage being 95.54%. VIKING GLOBAL INVESTORS LP is the largest shareholder of the company, while 459.0 institutions own stock in it. As of 2024-06-30, the company held over 27.03 million shares (or 9.9552% of all shares), a total value of $1.02 billion in shares.
The next largest institutional holding, with 23.02 million shares, is of VANGUARD GROUP INC’s that is approximately 8.4767% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $866.16 million.
