APi Group Corporation (NYSE:APG) Relative Strength Index (RSI) is 58.36, with weekly volatility at 2.77% and ATR at 0.56. The APG stock’s 52-week price range has touched low of $10.40 and a $22.37 high. Intraday shares traded counted 0.63 million, which was 34.45% higher than its 30-day average trading volume of 962.55K. Its shares traded higher over the last trading session, gaining 0.86% on 05/28/21. The shares fell to a low of $20.84 before closing at $21.15. APG’s previous close was $20.97 while the outstanding shares total 192.00M.
Investors have identified the Engineering & Construction company APi Group Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $4.22 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
APi Group Corporation (APG) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For APG, the company has in raw cash 745.0 million on their books with 18.0 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 1.63 billion total, with 781.0 million as their total liabilities.
APG were able to record 14.0 million as free cash flow during the 08/11/2021 quarter of the year, this saw their quarterly net cash flow reduce by 233.0 million. In cash movements, the company had a total of 32.0 million as operating cash flow.
Potential earnings growth for APi Group Corporation (APG)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/11/2021 quarter of the year, APi Group Corporation recorded a total of 803.0 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -6.85% coming in sequential stages and their sales for the 08/11/2021 quarter reducing by -9.84%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 622.0 million trying to sell their products during the last quarter, with the result yielding a gross income of 181.0 million. This allows shareholders to hold on to 192.00M with the recently reported earning now reading -0.04 cents per share. This is a figure that compared to analyst’s prediction for their 08/11/2021 (0.12 cents a share).
Having a look at the company’s valuation, the company is expected to record 1.30 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on APG sounds very interesting.
Is the stock of APG attractive?
In related news, Chief Financial Officer, Lydon Thomas A. bought 2,600 shares of the company’s stock in a transaction that recorded on May 20. The purchase was performed at an average price of 19.24, for a total value of 50,024. As the purchase deal closes, the CHIEF LEARNING OFFICER, Grunau Paul W. now bought 70,000 shares of the company’s stock, valued at 1,031,800. Also, PRESIDENT AND CEO, Becker Russell A. bought 2,100 shares of the company’s stock in a deal that was recorded on Jun 19. The shares were cost at an average price of 14.29 per share, with a total market value of 30,009. Following this completion of disposal, the CHIEF INFORMATION OFFICER, Chepey Julius now holds 10,000 shares of the company’s stock, valued at 121,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.40%.
4 out of 6 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on APi Group Corporation. 0 analysts has assigned a Sell rating on the APG stock. The 12-month mean consensus price target for the company’s shares has been set at $24.40.