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

37.41USD-0.41 (-1.08%)Market Closed

Market Summary

USD37.41-0.41

Market Closed

-1.08%

APG Alerts

Big jump in Earnings (Y/Y)

APG Stock Price

View Fullscreen

APG RSI Chart

APG Valuation

Market Cap

10.3B

Price/Earnings (Trailing)

59.66

Price/Sales (Trailing)

1.48

EV/EBITDA

26.44

Price/Free Cashflow

23.59

APG Price/Sales (Trailing)

APG Profitability

Operating Margin

29.92%

EBT Margin

3.72%

Return on Equity

7.48%

Return on Assets

2.39%

Free Cashflow Yield

4.24%

APG Fundamentals

APG Revenue

Revenue (TTM)

6.9B

Rev. Growth (Yr)

-0.81%

Rev. Growth (Qtr)

-8.98%

APG Earnings

Earnings (TTM)

172.0M

Earnings Growth (Yr)

73.08%

Earnings Growth (Qtr)

80%

Breaking Down APG Revenue

Last 7 days

-1.1%

Last 30 days

-5.5%

Last 90 days

7.3%

Trailing 12 Months

69.5%

How does APG drawdown profile look like?

APG Financial Health

Current Ratio

1.35

Debt/Equity

1.14

Debt/Cashflow

0.2

APG Investor Care

Shares Dilution (1Y)

16.61%

Diluted EPS (TTM)

-2.07

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
2024	6.9B	0	0	0
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
May 06, 2024	lillie james e	sold	-4,651,250	37.21	-125,000	-
May 06, 2024	ashken ian g h	sold	-5,581,500	37.21	-150,000	-
Mar 09, 2024	morton kristina m	acquired	-	-	25,678	svp and chief people officer
Mar 09, 2024	krumm kevin	acquired	-	-	6,018	evp & chief financial 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	sold (taxes)	-471,871	38.93	-12,121	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	-

Which funds bought or sold APG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	Arizona State Retirement System	added	8.94	377,419	1,973,830	0.01%
May 07, 2024	SEI INVESTMENTS CO	reduced	-3.34	1,042,150	11,779,000	0.02%
May 07, 2024	SFMG, LLC	reduced	-0.07	32,685	276,304	0.02%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-39.6	-1,542,000	3,362,000	-%
May 07, 2024	SCHWARTZ INVESTMENT COUNSEL INC	unchanged	-	9,728,590	81,807,600	2.98%
May 07, 2024	ClariVest Asset Management LLC	added	59.57	1,320	2,946	-%
May 07, 2024	ASSETMARK, INC	sold off	-100	-208	-	-%
May 07, 2024	Swiss National Bank	added	11.01	2,925,020	14,180,400	0.01%
May 07, 2024	Washington Trust Advisors, Inc.	reduced	-22.17	-819	6,205	-%
May 07, 2024	Qsemble Capital Management, LP	new	-	514,948	514,948	0.11%

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

APG Alerts

Big jump in Earnings (Y/Y)

Unveiling API Group Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 19, 2024	franklin martin e	1.4%	33,252,458	SC 13D/A
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

Recent SEC filings of API Group Corp

View All Filings

Date Filed	Form Type	Document
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
Apr 29, 2024	ARS	ARS
Apr 29, 2024	DEF 14A	DEF 14A
Apr 29, 2024	DEFA14A	DEFA14A
Apr 25, 2024	8-K	Current Report
Apr 19, 2024	SC 13D/A	13D - Major Acquisition
Apr 19, 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
GE	184.8B	69.5B	7.88%	67.19%	52.64	2.66	16.04%	-60.91%
CAT	170.1B	67.0B	-7.76%	61.36%	15.13	2.54	8.59%	58.17%
CMI	39.5B	34.0B	-3.74%	30.80%	19.18	1.16	12.85%	-19.64%
AME	39.2B	6.7B	-6.49%	17.15%	29.7	5.81	7.11%	10.53%
ACM	12.5B	15.3B	-5.68%	14.98%	-910.22	0.82	13.36%	-103.70%
MID-CAP
APG	10.3B	6.9B	-5.46%	69.51%	59.66	1.48	3.19%	62.26%
FLR	6.6B	15.5B	-9.10%	42.85%	21.55	0.42	7.53%	3145.00%
FLS	6.4B	4.4B	2.11%	35.46%	27.49	1.45	17.31%	1.26%
ACA	4.3B	2.4B	4.25%	28.36%	29.82	1.8	4.48%	-49.27%
ALG	2.3B	1.7B	-12.09%	7.37%	17.3	1.37	8.96%	15.52%
SMALL-CAP
AMRC	1.4B	1.4B	17.50%	-36.10%	24.09	1	-13.54%	-25.70%
AGX	878.1M	573.3M	30.01%	64.12%	27.14	1.53	26.00%	-2.24%
NKLA	786.8M	35.8M	-42.57%	-32.28%	-0.83	21.95	-27.93%	-18.06%
AMSC	417.1M	135.4M	6.35%	230.98%	-25.43	3.08	-25.90%	65.37%
ADES	271.5M	100.1M	23.80%	315.03%	-33.27	2.71	2.80%	39.07%

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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-9.0%	1,601	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	-	1,109	-	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	-3.1%	492	508	511	496	425	463	440	435	376	274	252	232	181	198	222	174	162	-406	233	208	163
S&GA Expenses	-9.5%	392	433	407	389	352	414	379	376	383	224	211	185	183	219	171	147	188	-131	208	145	137
EBITDA Margin	5.0%	0.07*	0.07*	0.06*	0.06*	0.05*	0.04*	0.05*	0.05*	0.05*	0.05*	0.04*	0.05*	-	-	-	-	-	-	-	-	-
Interest Expenses	3.0%	34.00	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	-10.0%	18.00	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	40.0%	63.00	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	11.0%	0.04*	0.03*	0.03*	0.03*	0.02*	0.01*	0.02*	0.02*	0.02*	0.02*	0.01*	0.01*	-	-	-	-	-	-	-	-	-
Net Income	80.0%	45.00	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	12.6%	0.02*	0.02*	0.02*	0.02*	0.02*	0.01*	0.01*	0.01*	0.01*	0.01*	0.00*	0.00*	-	-	-	-	-	-	-	-	-
Free Cashflow	-105.5%	-15.00	275	126	49.00	-22.00	169	120	32.00	-130	102	40.00	-29.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-5.2%	7,192	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	-13.6%	2,232	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	-48.2%	248	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	-1.3%	148	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	-2.6%	375	385	377	418	412	407	399	388	384	326	337	348	353	355	354	365	397	402	-	-	-
Goodwill	0%	2,471	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	3.6%	4,891	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	-8.5%	1,654	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	13.0%	2,624	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	-100.0%	-	2,322	2,342	-	-	2,583	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	11.1%	2,301	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	190.9%	10.00	-11.00	-36.00	-90.00	-138	-164	-186	-214	-255	-237	-252	-271	-292	-284	-262	-289	-325	-131	-	-	-
Additional Paid-In Capital	9.4%	2,814	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	6.3%	250	235	235	235	234	233	234	233	232	206	205	197	-	-	-	-	-	-	-	-	-
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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-97.6%	7,000	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	-20.0%	8,000	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	-214.3%	-22,000	-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	23.7%	-213,000	-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	-	-	-	18,000	11,000	12,000	11,000	11,000	11,000	11,000	-	-	-	-	-	-	-	-	-	-	-	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

APG Income Statement

2024-03-31

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net revenues	$ 1,601	$ 1,614
Cost of revenues	1,109	1,189
Gross profit	492	425
Selling, general, and administrative expenses	392	352
Operating income	100	73
Interest expense, net	34	37
Loss on extinguishment of debt, net	0	3
Investment expense (income) and other, net	3	(5)
Other expense, net	37	35
Income before income taxes	63	38
Income tax provision	18	12
Net income	45	26
Net (loss) income attributable to common shareholders:
Stock dividend on Series B Preferred Stock	(7)	(11)
Conversion of Series B Preferred Stock	(372)	0
Net (loss) income attributable to common shareholders	$ (334)	$ 15
Net (loss) income per common share:
Basic (in dollars per share)	$ (1.34)	$ 0.05
Diluted (in dollars per share)	$ (1.34)	$ 0.05
Weighted average shares outstanding:
Basic (in shares)	249,744,275	234,386,758
Diluted (in shares)	249,744,275	267,172,273

APG Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 247	$ 479
Accounts receivable, net of allowances of $5 and $5 at March 31, 2024 and December 31, 2023, respectively	1,256	1,395
Inventories	148	150
Contract assets	458	436
Prepaid expenses and other current assets	123	122
Total current assets	2,232	2,582
Property and equipment, net	375	385
Operating lease right of use assets	234	233
Goodwill	2,471	2,471
Intangible assets, net	1,549	1,620
Deferred tax assets	115	113
Pension and post-retirement assets	106	111
Other assets	110	75
Total assets	7,192	7,590
Current liabilities:
Short-term and current portion of long-term debt	105	5
Accounts payable	382	472
Contingent consideration and compensation liabilities	21	22
Accrued salaries and wages	241	363
Contract liabilities	542	526
Operating and finance leases	75	75
Other accrued liabilities	288	344
Total current liabilities	1,654	1,807
Long-term debt, less current portion	2,624	2,322
Pension and post-retirement obligations	48	50
Contingent consideration and compensation liabilities	17	11
Operating and finance leases	173	172
Deferred tax liabilities	236	233
Other noncurrent liabilities	139	127
Total liabilities	4,891	4,722
Commitments and contingencies (Note 14)
5.5% Series B Redeemable Convertible Preferred Stock, $0.0001 par value, 800,000 authorized shares, 0 and 800,000 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	0	797
Shareholders’ equity:
Series A Preferred Stock, $0.0001 par value; 7,000,000 authorized shares; 4,000,000 shares issued and outstanding at March 31, 2024 and December 31, 2023	0	0
Common stock; $0.0001 par value, 500,000,000 authorized shares, 261,636,951 shares and 235,575,316 shares issued at March 31, 2024 and December 31, 2023, respectively (excluding 8,281,148 shares declared for stock dividend at December 31, 2023)	0	0
Additional paid-in capital	2,814	2,572
Retained earnings (accumulated deficit)	10	(11)
Accumulated other comprehensive loss	(523)	(490)
Total shareholders’ equity	2,301	2,071
Total liabilities, redeemable convertible preferred stock, and shareholders’ equity	$ 7,192	$ 7,590

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 May 08 2024, market cap of API Group Corp is 10.26 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 May 08 2024, APG's PE ratio (Price to Earnings) is 59.66 and Price to Sales (PS) ratio is 1.48. 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.