APi Group (APG) to Release Earnings on Wednesday

APi Group (NYSE:APG) is projected to post its quarterly earnings results before the market opens on Wednesday, February 26th. Analysts expect APi Group to post earnings of $0.52 per share and revenue of $1.85 billion for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

APi Group Trading Down 2.5 %

Shares of APG stock opened at $39.86 on Monday. The company has a quick ratio of 1.42, a current ratio of 1.51 and a debt-to-equity ratio of 0.96. The business has a 50-day moving average price of $37.42 and a two-hundred day moving average price of $35.84. APi Group has a 12-month low of $31.44 and a 12-month high of $41.31. The firm has a market cap of $10.95 billion, a P/E ratio of -20.23 and a beta of 1.55.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Royal Bank of Canada raised APi Group from a “sector perform” rating to an “outperform” rating and set a $45.00 price target for the company in a research note on Tuesday, January 14th. Truist Financial assumed coverage on APi Group in a research note on Wednesday, January 22nd. They set a “buy” rating and a $45.00 price target for the company. Robert W. Baird lifted their price target on APi Group from $39.00 to $40.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 26th. UBS Group decreased their price objective on APi Group from $45.00 to $44.00 and set a “buy” rating on the stock in a report on Tuesday, February 18th. Finally, Barclays lifted their price objective on APi Group from $43.00 to $44.00 and gave the stock an “overweight” rating in a report on Tuesday, November 5th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $42.88.

About APi Group

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.