Are APi Group Corporation (APG) stocks a prudent buy?

APi Group Corporation [APG] stock is trading at $35.80, up 3.11%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The APG shares have gain 5.20% over the last week, with a monthly amount glided 3.35%, and 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 [APG] stock has fluctuated between $24.61 and $39.98 over the past year. Currently, Wall Street analysts expect the stock to reach $41 within the next 12 months. APi Group Corporation [NYSE: APG] shares were valued at $35.80 at the most recent close of the market. An investor can expect a potential return of 14.53% based on the average APG price forecast.

Analyzing the APG fundamentals

APi Group Corporation [NYSE:APG] reported sales of 6.87B for the trailing twelve months, which represents a drop of -2.32%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.03.

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 35.27 points at the first support level, and at 34.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.17, and for the 2nd resistance point, it is at 36.54.

Ratios To Look Out For

For context, APi Group Corporation’s Current Ratio is 1.48. As well, the Quick Ratio is 1.38, while the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 0.90, the price to book ratio is 3.51.

Transactions by insiders

Recent insider trading involved Lambert Louis, SVP, Gen Counsel & Secretary, that happened on Aug 26 ’24 when 5679.0 shares were sold. Officer, Lambert Louis completed a deal on Aug 26 ’24 to buy 5679.0 shares. Meanwhile, Director FRANKLIN MARTIN E sold 0.32 million shares on Aug 21 ’24.

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