APi Group
About: APi Group Corp operates in two segments: Safety Services segment includes providing safety services in North America, Asia Pacific, and Europe, focusing on end-to-end integrated occupancy systems (fire protection solutions, Heating, Ventilation, and Air Conditioning and entry systems), including design, installation, inspection, and service of these integrated systems. These services are provided in commercial, education, healthcare, high tech, industrial, and special-hazard settings. Specialty Services segment includes providing a variety of infrastructure services and specialized industrial plant services, which include maintenance and repair of critical infrastructure such as underground electric, gas, water, sewer, and telecommunications infrastructure.
Employees: 29,000
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
4,284% more call options, than puts
Call options by funds: $3.9M | Put options by funds: $89K
55% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 44
35% more repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 111
6% more funds holding
Funds holding: 348 [Q2] → 370 (+22) [Q3]
1.97% less ownership
Funds ownership: 79.04% [Q2] → 77.07% (-1.97%) [Q3]
14% less capital invested
Capital invested by funds: $8.14B [Q2] → $6.99B (-$1.15B) [Q3]
15% less funds holding in top 10
Funds holding in top 10: 20 [Q2] → 17 (-3) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$40
7%
upside
Avg. target
$43
15%
upside
High target
$45
20%
upside
4 analyst ratings
4 positive
100%
0 neutral
0%
0 negative
0%
RBC Capital Ashish Sabadra 69% 1-year accuracy 40 / 58 met price target | 20%upside $45 | Outperform Upgraded | 14 Jan 2025 |
Citigroup Andrew Kaplowitz 66% 1-year accuracy 53 / 80 met price target | 15%upside $43 | Buy Maintained | 13 Jan 2025 |
Baird Andrew Wittmann 81% 1-year accuracy 25 / 31 met price target | 7%upside $40 | Outperform Maintained | 26 Nov 2024 |
Barclays Julian Mitchell 63% 1-year accuracy 70 / 111 met price target | 17%upside $44 | Overweight Maintained | 5 Nov 2024 |
Financial journalist opinion
Positive
Seeking Alpha
1 month ago
APi Group: Expecting Growth To Accelerate And Adj EBITDA Margin To Expand
I reiterate a buy rating for APG due to strong market share potential, growth acceleration, and adj EBITDA margin expansion prospects for FY25 and beyond. APG's solid demand trend is evidenced by a $3.5 billion backlog, robust end markets, and a promising M&A pipeline, ensuring high-single-digit growth. Despite FY24 revenue guidance revision, project delays are temporary, setting up FY25 for stronger growth with positive proposal activity trends.
Neutral
Business Wire
1 month ago
APi Group Announces May 2025 Investor Update Meeting and Reiterates FY 2024 Guidance
NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) (“APi” or the “Company”) today announced it will host an Investor Day on Wednesday, May 21, 2025, in New York City. The Company will share more details about the location, participants and webcast details in the coming months. Russ Becker, APi's President and Chief Executive Officer stated: “As we progress towards year end of 2024, I want to thank all of our leaders for their contributions to APi. With record net revenues,.
Negative
Benzinga
1 month ago
Top 3 Industrials Stocks You May Want To Dump This Month
As of Dec. 12, 2024, three stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Neutral
Business Wire
1 month ago
APi Group Announces Participation in the UBS Global Industrials and Transportation Conference
NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) (“APi” or the “Company”) today announced that its senior leadership will be participating in a fireside chat during the UBS Global Industrials and Transportation Conference on Wednesday, December 4th at 9:40 a.m. ET. A live webcast link and archived replay will be available in the “Events” area on the Investor Relations page of APi's website at www.apigroupcorp.com. Interested parties should check the Company's website for.
Neutral
Business Wire
1 month ago
APi Group Announces CFO Transition
NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) (“APi” or the “Company”) today announced that Kevin Krumm, Chief Financial Officer, will step down from his role on December 13, 2024, to accept another opportunity. David Jackola, current Chief Financial Officer and Vice President of Transformation at APi International, will assume the role of interim Chief Financial Officer upon Krumm's departure and until a successor is appointed. Jackola is a seasoned senior finance exe.
Neutral
Business Wire
2 months ago
Building Industry Partners Announces Strategic Sale of Rapidly Growing Endeavor Fire Protection to APi Group Corporation
BOSTON--(BUSINESS WIRE)--Building Industry Partners (“BIP”), the leading middle market private equity firm focused on the U.S. building industry, is proud to announce the successful sale of Endeavor Fire Protection (“Endeavor”), a rapidly growing provider of fire protection and life safety installation, maintenance and repair, and inspection services. Endeavor was sold to APi Group Corporation (NYSE: APG) (“APi”), a market-leading publicly traded provider of business services, including safety.
Neutral
Seeking Alpha
2 months ago
APi Group Corporation (APG) Q3 2024 Earnings Call Transcript
APi Group Corporation (NYSE:APG ) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Adam Fee - VP, IR Russell Becker - President and CEO Kevin Krumm - EVP and CFO Conference Call Participants Kenyon Pelletier - Barclays Stephanie Moore - Jefferies Andy Wittmann - Baird Kathryn Thompson - Thompson Research Group Andy Kaplowitz - Citigroup Josh Chan - UBS Jon Tanwanteng - CJS Securities Operator Good morning, ladies and gentlemen and welcome to APi Group's Third Quarter 2024 Financial Results Conference Call. All participants are now in a listen-only mode until the question-and-answer session.
Positive
Zacks Investment Research
2 months ago
APi (APG) Meets Q3 Earnings Estimates
APi (APG) came out with quarterly earnings of $0.51 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.48 per share a year ago.
Neutral
Business Wire
2 months ago
APi Group Reports Third Quarter 2024 Financial Results
NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) (“APi” or the “Company”) today reported its financial results for the three and nine months ended September 30, 2024. Russ Becker, APi's President and Chief Executive Officer stated: “The team's work over the last few years executing our strategy has resulted in APi being the strongest it has ever been with 2024 shaping up to be a year of record net revenues, margins and free cash flow generation. As we plan for a return to.
Positive
Zacks Investment Research
2 months ago
APi (APG) Reports Next Week: Wall Street Expects Earnings Growth
APi (APG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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