Latest news with #APiGroup
Yahoo
4 days ago
- Business
- Yahoo
APi Group (APG): A Bull Case Theory
We came across a bullish thesis on APi Group on Kairos Research's Substack. As of 30ᵗʰ June, API Group's share was trading at $50.31. APG's trailing and forward P/E were 83.39 and 23.88 respectively according to Yahoo Finance. A team of workers wearing white hardhani and safety goggles assembling a complex HVAC system. API Group (APG) has seen significant growth since being pitched last November, with the stock up about 43% and 55% from the cost basis of $32.75 per share. The company continues to improve incrementally, raising financial targets and returning cash to shareholders. APG is a business services company focused on acquiring and growing compliance-driven testing, inspection, and service businesses, with a strong presence in fire safety, elevators, escalators, and security system services. The company's inspection-led model has led to impressive branch-level improvements, with EBITDA margin growth from 13% in 2021 to 17% currently, aiming for 20% in North America and 18% internationally. The company has delivered on its previous targets, including a 13% EBITDA margin and 55% of revenue from Inspection, Service and Monitoring, with 75% free cash flow conversion. New targets have been set, including $10 billion in revenue by 2028, 16% EBITDA margin, and 60+ % of revenue from Inspection Service and Monitoring. To achieve $10.4 billion in revenue, APG plans to focus on $1.4 billion in organic growth, $1 billion from smaller acquisitions, and $1 billion from one or two large platform acquisitions. The company aims to produce $3 billion in cumulative adjusted free cash flow through 2028, with potential for $4 billion. Valuation suggests a path to $75-80 per share by 2028, assuming $10 billion in revenue, 16% adjusted EBITDA margin, and a slight multiple contraction to 15x EV/EBITDA. With a potential buyback of $1 billion and net leverage of 2.7x, the stock offers 57% upside. While this may not seem exciting to some, APG is a well-run company with a strong track record, and the author considers adding to their position if the stock dips to $40-45 per share. Previously we covered a on APi Group Corporation by Kairos Research in November 2024, which highlighted the company's inspection-led model, recurring revenue focus, and disciplined acquisitions in fire safety. The company's stock price has appreciated approximately 37% since our coverage. This is because the thesis played out as expected. Kairos Research shares an identical view but emphasizes on updated targets and long-term growth projections. APG isn't on our list of the 30 Most Popular Stocks Among Hedge Funds. While we acknowledge the risk and potential of APG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey.
Associated Press
18-06-2025
- Business
- Associated Press
APi Group Set to Join S&P MidCap 400
NEW YORK, June 18, 2025 /PRNewswire/ -- APi Group Corp. (NYSE: APG) will replace United States Steel Corp. (NYSE: X) in the S&P MidCap 400 effective prior to the opening of trading on Tuesday, June 24. Nippon Steel Corp. (TSE: 5401) acquired United States Steel in a deal that closed today. Following is a summary of the changes that will take place prior to the open of trading on the effective date: For more information about S&P Dow Jones Indices, please visit ABOUT S&P DOW JONES INDICES S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets. S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit FOR MORE INFORMATION: S&P Dow Jones Indices [email protected] Media Inquiries [email protected] View original content: SOURCE S&P Dow Jones Indices
Yahoo
29-05-2025
- Business
- Yahoo
APi Group Announces Upcoming Participation in Baird's 2025 Global Consumer, Technology & Services Conference and the William Blair 45th Annual Growth Stock Conference
NEW BRIGHTON, Minn., May 29, 2025--(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 William Blair 45th Annual Growth Stock Conference on Thursday, June 5th at 11:20 a.m. CT. The live webcast link and archived replay will be available in the "Events" area on the Investor Relations page of APi's website at Interested parties should check the Company's website for any schedule updates or time changes. The Company's senior leadership will also be participating in Baird's 2025 Global Consumer, Technology & Services Conference on Tuesday, June 3rd. About APi: APi is a global, market-leading business services provider of fire and life safety, security, elevator and escalator, and specialty services with a substantial recurring revenue base and over 500 locations worldwide. APi provides statutorily mandated and other contracted services to a strong base of long-standing customers across industries. We have a winning leadership culture driven by entrepreneurial business leaders to deliver innovative solutions for our customers. More information can be found at View source version on Contacts Investor Relations and Media Inquiries: Adam FeeVice President of Investor RelationsTel: +1 651-240-7252Email: investorrelations@ Error in retrieving data Sign in to access your portfolio Error in retrieving data
Yahoo
20-02-2025
- Business
- Yahoo
APi Group (NYSE:APG) shareholder returns have been strong, earning 252% in 5 years
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose your money. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. One great example is APi Group Corporation (NYSE:APG) which saw its share price drive 252% higher over five years. In the last week the share price is up 7.4%. On the back of a solid 7-day performance, let's check what role the company's fundamentals have played in driving long term shareholder returns. View our latest analysis for APi Group While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. APi Group became profitable within the last five years. On the other hand, it reported a trailing twelve months loss, suggesting it isn't reliably profitable. So it might be better to look at other metrics to try to understand the share price. In contrast revenue growth of 17% per year is probably viewed as evidence that APi Group is growing, a real positive. In that case, the company may be sacrificing current earnings per share to drive growth. The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image). This free interactive report on APi Group's balance sheet strength is a great place to start, if you want to investigate the stock further. APi Group shareholders are up 17% for the year. Unfortunately this falls short of the market return. On the bright side, the longer term returns (running at about 29% a year, over half a decade) look better. Maybe the share price is just taking a breather while the business executes on its growth strategy. You might want to assess this data-rich visualization of its earnings, revenue and cash flow. Of course APi Group may not be the best stock to buy. So you may wish to see this free collection of growth stocks. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
