Detailed Review Of Prospects For APi Group Corporation Stock

A share price of APi Group Corporation [APG] is currently trading at $35.07, down -0.28%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The APG shares have gain 1.65% over the last week, with a monthly amount drifted -3.55%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

APi Group Corporation [NYSE: APG] stock has seen the most recent analyst activity on March 15, 2024, when Jefferies initiated its Buy rating and assigned the stock a price target of $48. On May 17, 2023, upgrade upgraded it’s rating to Outperform and revised its price target to $29 on the stock. BofA Securities upgraded its rating to a Buy but stick to its price target of $23 on July 11, 2022. JP Morgan initiated its recommendation with a Neutral and recommended $17 as its price target on June 17, 2022. RBC Capital Mkts started tracking with a Sector Perform rating for this stock on March 25, 2022, and assigned it a price target of $24. In a note dated March 22, 2022, BofA Securities initiated an Neutral rating and provided a target price of $23 on this stock.

APi Group Corporation experienced fluctuations in its stock price throughout the past year between $24.61 and $39.98. Currently, Wall Street analysts expect the stock to reach $41 within the next 12 months. APi Group Corporation [NYSE: APG] shares were valued at $35.07 at the most recent close of the market. An investor can expect a potential return of 16.91% based on the average APG price forecast.

Analyzing the APG fundamentals

Trailing Twelve Months sales for APi Group Corporation [NYSE:APG] were 6.87B which represents -2.32% decline. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.08 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.03.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 34.93 points at the first support level, and at 34.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 35.33, and for the 2nd resistance point, it is at 35.59.

Ratios To Look Out For

To put it in perspective, the Current Ratio for APi Group Corporation [NYSE:APG] is 1.48. Further, the Quick Ratio stands at 1.38, while the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 0.88, the price to book ratio is 3.44.

Transactions by insiders

Recent insider trading involved MEF Holdings, LLLP, Shareholder, that happened on Aug 21 ’24 when 0.66 million shares were purchased. Director, ASHKEN IAN G H completed a deal on Aug 05 ’24 to sell 0.15 million shares. Meanwhile, Director LILLIE JAMES E sold 0.12 million shares on Aug 05 ’24.

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