APG - API Group Corp Stock Price, Fair Value and News

37.06USD-2.05 (-5.24%)Market Closed

Market Summary

USD37.06-2.05

Market Closed

-5.24%

APG Stock Price

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APG RSI Chart

APG Valuation

Market Cap

9.0B

Price/Earnings (Trailing)

59.12

Price/Sales (Trailing)

1.31

EV/EBITDA

23.88

Price/Free Cashflow

21.14

APG Price/Sales (Trailing)

APG Profitability

Operating Margin

28.16%

EBT Margin

3.35%

Return on Equity

7.39%

Return on Assets

2.02%

Free Cashflow Yield

4.73%

APG Fundamentals

APG Revenue

Revenue (TTM)

6.9B

Rev. Growth (Yr)

3.29%

Rev. Growth (Qtr)

-1.4%

APG Earnings

Earnings (TTM)

153.0M

Earnings Growth (Yr)

13.64%

Earnings Growth (Qtr)

-53.7%

Breaking Down APG Revenue

Last 7 days

-4.7%

Last 30 days

-1.9%

Last 90 days

16.6%

Trailing 12 Months

72.7%

How does APG drawdown profile look like?

APG Financial Health

Current Ratio

1.43

Debt/Equity

1.12

Debt/Cashflow

0.22

APG Investor Care

Shares Dilution (1Y)

4.10%

Diluted EPS (TTM)

-0.68

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	6.7B	6.8B	6.9B	6.9B
2022	4.6B	5.3B	6.0B	6.6B
2021	3.5B	3.6B	3.7B	3.9B
2020	1.6B	2.3B	2.9B	3.6B
2019	3.0B	2.4B	1.7B	985.0M
2018	0	0	0	3.7B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of API Group Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 09, 2024	krumm kevin	acquired	-	-	6,018	evp & chief financial officer
Mar 09, 2024	morton kristina m	sold (taxes)	-471,871	38.93	-12,121	svp and chief people officer
Mar 09, 2024	becker russell a.	sold (taxes)	-331,995	38.93	-8,528	president and ceo
Mar 09, 2024	krumm kevin	sold (taxes)	-115,272	38.93	-2,961	evp & chief financial officer
Mar 09, 2024	morton kristina m	acquired	-	-	25,678	svp and chief people officer
Mar 09, 2024	becker russell a.	acquired	-	-	17,333	president and ceo
Mar 05, 2024	viking global investors lp	sold	-104,073,000	34.25	-3,038,620	-
Mar 04, 2024	lillie james e	sold	-4,797,500	38.38	-125,000	-
Mar 04, 2024	ashken ian g h	sold	-5,757,000	38.38	-150,000	-
Feb 28, 2024	viking global investors lp	sold	-150,000,000	36.9	-4,065,040	-

Which funds bought or sold APG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 16, 2024	Financial Management Professionals, Inc.	unchanged	-	18,000	153,000	0.02%
Apr 16, 2024	Artemis Investment Management LLP	new	-	60,216,500	60,216,500	0.76%
Apr 16, 2024	CAMPBELL NEWMAN ASSET MANAGEMENT INC	added	2.41	265,037	1,897,880	0.15%
Apr 15, 2024	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	new	-	883,889	883,889	-%
Apr 15, 2024	Brookstone Capital Management	reduced	-28.14	-151,967	672,067	0.01%
Apr 12, 2024	AdvisorNet Financial, Inc	reduced	-39.25	-119,779	265,976	0.03%
Apr 12, 2024	STEPH & CO	reduced	-33.25	-89,673	280,270	0.10%
Apr 11, 2024	SALEM INVESTMENT COUNSELORS INC	added	1.73	19,158	143,061	-%
Apr 11, 2024	MJP ASSOCIATES INC /ADV	added	10.27	205,484	1,022,360	0.22%
Apr 10, 2024	Fragasso Group Inc.	new	-	218,341	218,341	0.02%

Are Funds Buying or Selling APG?

Are funds buying APG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own APG

No. of Funds

Unveiling API Group Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 01, 2024	blackstone holdings iii l.p.	4.8%	12,504,371	SC 13D/A
Mar 01, 2024	viking global investors lp	12.3%	32,022,915	SC 13G/A
Feb 14, 2024	viking global investors lp	17.4%	42,517,157	SC 13G/A
Feb 13, 2024	vanguard group inc	8.83%	20,790,443	SC 13G/A
Jan 29, 2024	blackrock inc.	6.6%	15,598,412	SC 13G/A
Jan 03, 2024	franklin martin e	13.6%	33,742,458	SC 13D/A
Aug 16, 2023	blackstone holdings iii l.p.	9.3%	24,089,837	SC 13D/A
Feb 14, 2023	viking global investors lp	17.4%	42,095,793	SC 13G/A
Feb 09, 2023	vanguard group inc	7.83%	18,324,090	SC 13G/A
Feb 01, 2023	blackrock inc.	6.2%	14,490,896	SC 13G/A

Recent SEC filings of API Group Corp

View All Filings

Date Filed	Form Type	Document
Apr 16, 2024	424B5	Prospectus Filed
Apr 15, 2024	8-K	Current Report
Mar 12, 2024	4	Insider Trading
Mar 12, 2024	4	Insider Trading
Mar 12, 2024	4	Insider Trading
Mar 07, 2024	4	Insider Trading
Mar 07, 2024	4	Insider Trading
Mar 06, 2024	4	Insider Trading
Mar 06, 2024	4	Insider Trading
Mar 05, 2024	8-K	Current Report

Peers (Alternatives to API Group Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CAT	182.9B	67.1B	1.81%	59.09%	17.71	2.73	12.84%	54.12%
GE	169.4B	68.0B	-8.37%	58.11%	17.87	2.49	16.96%	2688.24%
CMI	41.3B	34.1B	1.77%	23.41%	49.18	1.21	21.34%	-61.52%
AME	41.1B	6.6B	-2.20%	27.88%	31.33	6.24	7.26%	13.25%
ACM	12.6B	14.9B	0.99%	11.51%	203.51	0.84	12.31%	-81.65%
MID-CAP
APG	9.0B	6.9B	-1.93%	72.73%	59.12	1.31	5.64%	109.59%
FLR	6.7B	15.5B	-1.44%	29.52%	48.7	0.44	12.59%	-4.48%
FLS	6.0B	4.3B	2.54%	35.35%	32.1	1.39	19.51%	-1.03%
ACA	3.7B	2.3B	-4.75%	28.63%	23.48	1.62	2.90%	-35.23%
ALG	2.5B	1.7B	2.14%	15.15%	18.22	1.47	11.63%	33.59%
SMALL-CAP
AMRC	970.3M	1.4B	-11.42%	-60.02%	15.53	0.71	-24.65%	-34.19%
NKLA	854.8M	35.8M	6.67%	-34.56%	-0.88	23.85	-27.93%	-23.21%
AGX	795.2M	573.3M	21.48%	54.20%	24.58	1.39	26.00%	-2.24%
AMSC	365.1M	135.4M	-10.74%	179.53%	-22.26	2.7	-25.90%	65.37%
ADES	240.0M	99.2M	24.27%	262.81%	-19.59	2.42	-3.69%	-37.37%

API Group Corp News

Latest updates

API Group Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-1.4%	1,759	1,784	1,771	1,614	1,703	1,735	1,649	1,471	1,112	1,047	978	803	882	958	889	858	988	1,118	1,067	922	-
Cost Of Revenue	-100.0%	-	1,273	1,275	1,189	1,240	1,295	1,214	1,095	838	795	746	622	684	736	715	696	-1,716	885	859	759	-
Gross Profit	-0.6%	508	511	496	425	463	440	435	376	274	252	232	181	198	222	174	162	-406	233	208	163	-
S&GA Expenses	6.4%	433	407	389	352	414	379	376	383	224	211	185	183	219	171	147	188	-131	208	145	137	-
EBITDA Margin	3.3%	0.07*	0.06*	0.06*	0.05*	0.04*	0.05*	0.05*	0.05*	0.05*	0.04*	0.05*	0.05*	-	-	-	-	-	-	-	-	-
Interest Expenses	-10.8%	33.00	37.00	38.00	37.00	37.00	33.00	28.00	27.00	17.00	14.00	14.00	15.00	11.00	13.00	14.00	14.00	-5.00	7.00	7.00	6.00	-
Income Taxes	0%	20.00	20.00	27.00	12.00	4.00	18.00	14.00	-16.00	18.00	11.00	9.00	-6.00	4.00	28.00	-12.00	-51.00	-5.00	2.00	4.00	1.00	-
Earnings Before Taxes	-39.2%	45.00	74.00	75.00	38.00	26.00	46.00	44.00	-23.00	33.00	30.00	30.00	-14.00	-18.00	55.00	24.00	-245	-244	14.00	57.00	22.00	-
EBT Margin	8.0%	0.03*	0.03*	0.03*	0.02*	0.01*	0.02*	0.02*	0.02*	0.02*	0.01*	0.01*	0.01*	-	-	-	-	-	-	-	-	-
Net Income	-53.7%	25.00	54.00	48.00	26.00	22.00	28.00	30.00	-7.00	15.00	19.00	21.00	-8.00	-22.00	27.00	36.00	-194	-239	12.00	53.00	21.00	-
Net Income Margin	1.2%	0.02*	0.02*	0.02*	0.02*	0.01*	0.01*	0.01*	0.01*	0.01*	0.00*	0.00*	0.01*	-	-	-	-	-	-	-	-	-
Free Cashflow	118.3%	275	126	49.00	-22.00	169	120	32.00	-130	102	40.00	-29.00	14.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																				(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-4.5%	7,590	7,949	7,974	7,766	8,091	7,941	8,054	8,142	5,159	4,783	4,243	4,218	4,065	3,826	3,770	3,886	4,011	2,315	2,146	2,065
Current Assets	-2.6%	2,582	2,652	2,532	2,364	2,652	2,472	2,361	2,227	2,626	2,239	1,685	1,633	1,437	1,504	1,394	1,450	1,342	-	-	-
Cash Equivalents	3.9%	479	461	368	363	605	398	333	318	1,491	1,130	689	748	515	467	377	436	256	138	31.00	41.00
Inventory	-3.2%	150	155	170	163	163	150	149	142	69.00	71.00	69.00	66.00	64.00	57.00	60.00	59.00	58.00	-	-	-
Net PPE	-100.0%	-	377	418	412	407	399	388	384	326	337	348	353	355	354	365	397	402	-	-	-
Goodwill	2.8%	2,471	2,404	19.00	2,405	2,382	2,327	2,226	2,310	1,106	1,099	1,079	1,077	1,082	851	780	767	980	312	-	-
Liabilities	-4.0%	4,722	4,920	4,930	4,804	5,167	4,994	5,101	5,067	2,836	2,486	2,415	2,427	2,507	2,228	2,205	2,361	2,254	-	-	-
Current Liabilities	-4.8%	1,807	1,899	1,651	1,549	1,921	1,523	1,453	1,367	867	792	730	781	841	834	821	919	823	-	-	-
Long Term Debt	-0.9%	2,322	2,342	2,590	2,588	2,583	2,781	2,814	2,812	1,766	1,469	1,457	1,394	1,397	1,160	1,163	1,167	1,171	-	-	-
LT Debt, Non Current	-0.9%	2,322	2,342	-	-	2,583	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	-7.2%	2,071	2,232	2,247	2,165	2,127	2,150	2,156	2,278	2,323	2,297	1,828	1,791	1,558	1,598	1,565	1,525	1,757	662	678	642
Retained Earnings	69.4%	-11.00	-36.00	-90.00	-138	-164	-186	-214	-255	-237	-252	-271	-292	-284	-262	-289	-325	-131	-	-	-
Additional Paid-In Capital	0.4%	2,572	2,562	2,565	2,569	2,558	2,565	2,564	2,583	2,560	2,559	2,105	2,102	1,856	1,886	1,881	1,880	1,885	-	-	-
Shares Outstanding	0.1%	235	235	235	234	233	234	233	232	206	205	197	192	-	-	-	-	-	-	-	-
Float	-	-	-	4,100	-	-	-	2,600	-	-	-	3,800	-	-	-	2,100	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	106.3%	297,000	144,000	74,000	-1,000	188,000	146,000	54,000	-118,000	114,000	49,000	-13,000	32,000	167,000	97,000	177,000	55,000	5,000	92,000	28,000	25,000	-
Share Based Compensation	25.0%	10,000	8,000	6,000	5,000	6,000	3,000	4,000	3,000	4,500	2,000	2,000	3,000	1,000	2,000	1,000	1,000	-	-	-	-	-
Cashflow From Investing	73.1%	-7,000	-26,000	-55,000	-27,000	30,000	-28,000	-19,000	-2,884,000	-40,000	-46,000	-12,000	-23,000	-323,000	-1,000	-1,000	-15,000	-1,677,000	-10,000	-19,000	-22,000	-
Cashflow From Financing	-1228.6%	-279,000	-21,000	-16,000	-216,000	-17,000	-45,000	-13,000	1,831,000	288,000	442,000	-36,000	223,000	200,000	-5,000	-235,000	139,000	1,408,000	25,000	-19,000	-16,000	-
Buy Backs	-100.0%	-	18,000	11,000	12,000	11,000	11,000	11,000	11,000	-	-	-	-	-	-	-	-	-	-	-	-	-

APG Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Net revenues	$ 6,928	$ 6,558	$ 3,940
Cost of revenues	4,988	4,844	3,001
Gross profit	1,940	1,714	939
Selling, general, and administrative expenses	1,581	1,552	803
Operating income	359	162	136
Interest expense, net	145	125	60
Loss (gain) on extinguishment of debt, net	7	(5)	9
Non-service pension benefit	(12)	(42)	0
Investment income and other, net	(13)	(9)	(12)
Other expense, net	127	69	57
Income before income taxes	232	93	79
Income tax provision	79	20	32
Net income	153	73	47
Net (loss) income attributable to common shareholders:
Accrued stock dividend on Series A Preferred Stock	(270)	0	(184)
Stock dividend on Series B Preferred Stock	(44)	(44)	0
Net (loss) income attributable to common shareholders	$ (161)	$ 29	$ (137)
Net (loss) income per common share:
Basic (in dollars per share)	$ (0.68)	$ 0.10	$ (0.67)
Diluted (in dollars per share)	$ (0.68)	$ 0.10	$ (0.67)
Weighted average shares outstanding:
Basic (in shares)	235,136,849	233,201,569	206,000,000
Diluted (in shares)	235,136,849	266,080,747	206,000,000

APG Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 479	$ 605
Accounts receivable, net of allowances of $5 and $3 at December 31, 2023 and December 31, 2022, respectively	1,395	1,313
Inventories	150	163
Contract assets	436	459
Prepaid expenses and other current assets	122	112
Total current assets	2,582	2,652
Property and equipment, net	385	407
Operating lease right of use assets	233	222
Goodwill	2,471	2,382
Intangible assets, net	1,620	1,784
Deferred tax assets	113	108
Pension and post-retirement assets	111	392
Other assets	75	144
Total assets	7,590	8,091
Current liabilities:
Short-term and current portion of long-term debt	5	206
Accounts payable	472	490
Contingent consideration and compensation liabilities	22	27
Accrued salaries and wages	363	337
Contract liabilities	526	463
Operating and finance leases	75	73
Other accrued liabilities	344	325
Total current liabilities	1,807	1,921
Long-term debt, less current portion	2,322	2,583
Pension and post-retirement obligations	50	40
Contingent consideration and compensation liabilities	11	6
Operating and finance leases	172	166
Deferred tax liabilities	233	340
Other noncurrent liabilities	127	111
Total liabilities	4,722	5,167
Commitments and contingencies (Note 18)	0	0
Mezzanine equity:
5.5% Series B Redeemable Convertible Preferred Stock, $0.0001 par value, 800,000 authorized shares, issued and outstanding at December 31, 2023 and 2022, respectively, aggregate liquidation preference of $840	797	797
Shareholders’ equity:
Series A Preferred Stock, $0.0001 par value; 7,000,000 authorized shares; 4,000,000 shares issued and outstanding at December 31, 2023 and 2022	0	0
Common stock; $0.0001 par value, 500,000,000 authorized shares, 235,575,316 shares and 233,403,912 shares issued at December 31, 2023 and 2022, respectively (excluding 8,281,148 and 584,584 shares declared for stock dividend at December 31, 2023 and 2022, respectively)	0	0
Additional paid-in capital	2,572	2,558
Accumulated deficit	(11)	(164)
Accumulated other comprehensive loss	(490)	(267)
Total shareholders’ equity	2,071	2,127
Total liabilities, redeemable convertible preferred stock, and shareholders’ equity	$ 7,590	$ 8,091

About API Group Corp

APi Group Corporation provides safety, specialty, and industrial services in North America, Europe, Australia, the Asian-Pacific, and other countries. It operates through Safety Services and Specialty Services segments. The Safety Services segment offers safety solutions focusing on end-to-end integrated occupancy systems, such as fire protection solutions; heating, ventilation, and air conditioning solutions; and entry systems, which include the design, installation, and inspection and service of these integrated systems. The Specialty Services segment provides infrastructure and specialized industrial plant services, including maintenance and repair of underground electric, gas, water, sewer, and telecommunications infrastructure. This segment also offers engineering and design, fabrication, installation, and retrofitting and upgrading services, pipeline infrastructure, access and road construction, supporting facilities, and integrity management and maintenance to the energy industry. It serves customers in the public and private sectors, including commercial, industrial, fulfillment centers, distribution, manufacturing, education, healthcare, telecom, transmission, utilities, high tech, entertainment, retail, and governmental markets. The company was formerly known as J2 Acquisition Limited and changed its name to APi Group Corporation in October 2019. APi Group Corporation was founded in 1926 and is headquartered in New Brighton, Minnesota.

CEO	Mr. Russell A. Becker
WEBSITE	apigroupinc.com
INDUSTRY	Apparel Manufacturing
EMPLOYEES	26000

API Group Corp Frequently Asked Questions

What is the ticker symbol for API Group Corp? What does APG stand for in stocks?

APG is the stock ticker symbol of API Group Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of API Group Corp (APG)?

As of Wed Apr 17 2024, market cap of API Group Corp is 9.05 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of APG stock?

You can check APG's fair value in chart for subscribers.

What is the fair value of APG stock?

You can check APG's fair value in chart for subscribers. The fair value of API Group Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of API Group Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for APG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is API Group Corp a good stock to buy?

The fair value guage provides a quick view whether APG is over valued or under valued. Whether API Group Corp is cheap or expensive depends on the assumptions which impact API Group Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for APG.

What is API Group Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, APG's PE ratio (Price to Earnings) is 59.12 and Price to Sales (PS) ratio is 1.31. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. APG PE ratio will change depending on the future growth rate expectations of investors.