APi Group (NYSE:APG) Announces Quarterly Earnings Results

APi Group (NYSE:APG) issued its earnings results on Wednesday. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.01), Zacks reports. APi Group had a return on equity of 33.89% and a net margin of 3.01%. APi Group updated its Q1 2025 guidance to EPS.

APi Group Stock Down 1.7 %

APi Group stock traded down $0.70 during mid-day trading on Wednesday, reaching $39.43. 1,606,386 shares of the company were exchanged, compared to its average volume of 1,288,795. APi Group has a 12-month low of $31.44 and a 12-month high of $41.31. The business has a fifty day moving average of $37.48 and a 200 day moving average of $35.93. The firm has a market cap of $10.83 billion, a P/E ratio of -20.03 and a beta of 1.55. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.42 and a current ratio of 1.51.

Analyst Upgrades and Downgrades

APG has been the topic of a number of recent analyst reports. Robert W. Baird boosted their price objective on APi Group from $39.00 to $40.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 26th. Royal Bank of Canada raised shares of APi Group from a “sector perform” rating to an “outperform” rating and set a $45.00 price target on the stock in a research note on Tuesday, January 14th. William Blair reissued an “outperform” rating on shares of APi Group in a research note on Thursday, December 5th. UBS Group lowered their target price on APi Group from $45.00 to $44.00 and set a “buy” rating on the stock in a research report on Tuesday, February 18th. Finally, Truist Financial assumed coverage on shares of APi Group in a report on Wednesday, January 22nd. They issued a “buy” rating and a $45.00 price target on the stock. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, APi Group presently has a consensus rating of “Moderate Buy” and an average price target of $42.88.

APi Group Company Profile

APi Group Corporation provides safety and specialty services worldwide. It operates through Safety Services and Specialty Services segments. The Safety Services segment offers solutions focusing on end-to-end integrated occupancy systems, such as fire protection services; heating, ventilation, and air conditioning solutions; and entry systems, which include the design, installation, inspection, and service of these integrated systems.