APi Group
APG

$37.19

1.92%

Market Cap: 10.2B

About: APi Group Corp operates in two segments: Safety Services segment includes providing safety services in North America, Asia Pacific, and Europe, focusing on end-to-end integrated occupancy systems (fire protection solutions, Heating, Ventilation, and Air Conditioning and entry systems), including design, installation, inspection, and service of these integrated systems. These services are provided in commercial, education, healthcare, high tech, industrial, and special-hazard settings. Specialty Services segment includes providing a variety of infrastructure services and specialized industrial plant services, which include maintenance and repair of critical infrastructure such as underground electric, gas, water, sewer, and telecommunications infrastructure.

Employees: 29,000

Real Estate To Dwellings & Other Buildings

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 8 analysts

0

News positive %

of 6 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

2,638% more call options, than puts

Call options by funds: $9.97M | Put options by funds: $364K

233% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 21

25% more capital invested

Capital invested by funds: $6.37B [Q4 2023] → $7.93B (+$1.56B) [Q1 2024]

18% more funds holding

Funds holding: 271 [Q4 2023] → 320 (+49) [Q1 2024]

10% more repeat investments, than reductions

Existing positions increased: 113 | Existing positions reduced: 103

0.75% less ownership

Funds ownership: 78.08% [Q4 2023] → 77.33% (-0.75%) [Q1 2024]

10% less funds holding in top 10

Funds holding in top 10: 21 [Q4 2023] → 19 (-2) [Q1 2024]

See Fund Rankings

Research analyst outlook

8 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$35

6%

downside

Avg. target

$44

19%

upside

High target

$48

29%

upside

8 analyst ratings

6 positive

75%

2 neutral

25%

0 negative

0%

Baird Andrew Wittmann	16%upside $43	Outperform Maintained	16 Apr 2024
Citigroup Andrew Kaplowitz	26%upside $47	Buy Maintained	8 Apr 2024
RBC Capital Ashish Sabadra	21%upside $45	Sector Perform Maintained	8 Apr 2024
Jefferies Stephanie Moore	29%upside $48	Buy Initiated	15 Mar 2024
JP Morgan Stephen Tusa	6%downside $35	Neutral Maintained	6 Mar 2024

See Analyst Rankings

Financial journalist opinion

Based on 6 articles about APG published over the past 30 days

Zacks Investment Research

APG vs. ULS: Which Stock Should Value Investors Buy Now?

Investors with an interest in Business - Services stocks have likely encountered both APi (APG) and UL Solutions Inc. (ULS). But which of these two companies is the best option for those looking for undervalued stocks?

APG vs. ULS: Which Stock Should Value Investors Buy Now?

Zacks Investment Research

Is APi Group (APG) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is APi Group (APG) Stock Undervalued Right Now?

APi Group Confirms Date of Second Quarter 2024 Earnings Release

NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) (“APi”) announced today that it intends to release its financial results for the three months ended June 30, 2024, before the market opens on Thursday, August 1, 2024. Second Quarter Earnings Conference Call APi will hold a webcast/dial-in conference call to discuss its financial results at 8:30 a.m. (Eastern Time) on Thursday, August 1, 2024. Participants on the call will include Russell A. Becker, President and Chief Exec.

APi Group Confirms Date of Second Quarter 2024 Earnings Release

Zacks Investment Research

Will APi (APG) Beat Estimates Again in Its Next Earnings Report?

APi (APG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will APi (APG) Beat Estimates Again in Its Next Earnings Report?

Zacks Investment Research

APG or ULS: Which Is the Better Value Stock Right Now?

Investors interested in Business - Services stocks are likely familiar with APi (APG) and UL Solutions Inc. (ULS). But which of these two stocks is more attractive to value investors?

APG or ULS: Which Is the Better Value Stock Right Now?

APi Group: Leading Player In An Attractive Industry

APi Group operates in an attractive industry with steady recurring revenue streams and a leading market position. The company benefits from strong scale advantages, allowing for best-in-class service and cost efficiencies. The recent acquisition of Elevated has enlarged APG's addressable market, providing growth opportunities and EBITDA margin accretion.

APi Group: Leading Player In An Attractive Industry

APi Group Completes Acquisition of Elevated Facility Services Group

NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) (“APi” or the “Company”) today announced that it has completed its previously announced acquisition of Elevated Facility Services Group (“Elevated”) from a fund managed by L Squared Capital Partners for approximately $570 million. Headquartered in Tampa, Florida, Elevated has approximately 600 leaders and serves customers in over 18 states. Elevated is a premier provider of contractually based services for all major brands.

APi Group Completes Acquisition of Elevated Facility Services Group

APi Group Announces Successful Completion of Debt Refinancing and Provides Update on Upcoming Investor Conference

NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) (“APG”, “APi” or the “Company”) a global, market-leading business services provider of life safety, security and specialty services, today announced the successful refinancing of all of its term loans through an upsizing and repricing of its term loans due 2029. The repricing reduces the applicable margin on all outstanding terms loans due 2029 by 50 basis points and removes the credit spread adjustment, representing an est.

APi Group Announces Successful Completion of Debt Refinancing and Provides Update on Upcoming Investor Conference

Zacks Investment Research

Should Value Investors Buy APi Group (APG) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy APi Group (APG) Stock?

APi Group Corporation (APG) Q1 2024 Earnings Call Transcript

APi Group Corporation (NYSE:APG ) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Adam Fee - Vice President, Investor Relations Russ Becker - President and Chief Executive Officer Kevin Krumm - Executive Vice President and Chief Financial Officer Conference Call Participants Kathryn Thompson - Thompson Research Group Andy Kaplowitz - Citi Andy Wittmann - Baird Jack Cauchi - Barclays Stephanie Moore - Jefferies Jon Tanwanteng - CJS Securities Steve Tusa - JPMorgan David Paige - RBC Operator Good morning, ladies and gentlemen, and welcome to APi Group First Quarter 2024 Financial Results Conference Call. [Operator Instructions] Please note, this call is being recorded.

APi Group Corporation (APG) Q1 2024 Earnings Call Transcript

See News Rankings