APi Group Corporation [NYSE: APG] plunged by -$0.23 during the normal trading session on Wednesday and reaching a high of $15.43 during the day while it closed the day at $14.47. The company report on August 12, 2020 that APi Group Reports Second Quarter and First Half 2020 Financial Results.
-Adjusted gross margin expansion of 383 and 351 basis points for the second quarter and the first half of 2020, respectively-.
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-Operating cash flow of $177 million in the second quarter, compared to $28 million in the prior year-.
APi Group Corporation stock has also gained 0.14% of its value over the past 7 days. However, APG stock has inclined by 59.19% in the 3 months of the year. Over the past six months meanwhile, it has gained 17.74% and gained 37.16% year-on date.
The market cap for APG stock reached $2.40 billion, with 170.00 million shares outstanding and 138.59 million shares in the current float. Compared to the average trading volume of 1.99M shares, APG reached a trading volume of 1350487 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about APi Group Corporation [APG]:
Robert W. Baird have made an estimate for APi Group Corporation shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on June 24, 2020. While these analysts kept the previous recommendation, UBS raised their target price to Buy. The new note on the price target was released on May 27, 2020, representing the official price target for APi Group Corporation stock.
The Average True Range (ATR) for APi Group Corporation is set at 0.61, with the Price to Sales ratio for APG stock in the period of the last 12 months amounting to 0.60. The Price to Book ratio for the last quarter was 1.61, with the Price to Cash per share for the same quarter was set at 2.62.
APG stock trade performance evaluation
APi Group Corporation [APG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.14. With this latest performance, APG shares gained by 22.63% in over the last four-week period, additionally plugging by 17.74% over the last 6 months – not to mention a rise of 40.55% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for APG stock in for the last two-week period is set at 63.95, with the RSI for the last a single of trading hit 66.11, and the three-weeks RSI is set at 63.97 for APi Group Corporation [APG]. The present Moving Average for the last 50 days of trading for this stock 12.98, while it was recorded at 14.60 for the last single week of trading.
APi Group Corporation [APG]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and APi Group Corporation [APG] shares currently have an operating margin of -1.15 and a Gross Margin at +18.26. APi Group Corporation’s Net Margin is presently recorded at -1.64.
Return on Total Capital for APG is now -2.18, given the latest momentum, and Return on Invested Capital for the company is -3.14. Return on Equity for this stock declined to -4.47, with Return on Assets sitting at -2.55. When it comes to the capital structure of this company, APi Group Corporation [APG] has a Total Debt to Total Equity ratio set at 74.67. Additionally, APG Total Debt to Total Capital is recorded at 42.75, with Total Debt to Total Assets ending up at 32.71. Long-Term Debt to Equity for the company is recorded at 72.05, with the Long-Term Debt to Total Capital now at 41.25.
Reflecting on the efficiency of the workforce at the company, APi Group Corporation [APG] managed to generate an average of -$4,558 per employee. Receivables Turnover for the company is 8.39 with a Total Asset Turnover recorded at a value of 1.56.APi Group Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 1.60.
APi Group Corporation [APG]: Insider Ownership positions
There are presently around $608 million, or 54.80% of APG stock, in the hands of institutional investors. The top three institutional holders of APG stocks are: VIKING GLOBAL INVESTORS LP with ownership of 33,333,333, which is approximately New of the company’s market cap and around 11.60% of the total institutional ownership; LIONSTONE CAPITAL MANAGEMENT LLC, holding 2,158,740 shares of the stock with an approximate value of $31.24 million in APG stocks shares; and RUSSELL INVESTMENTS GROUP, LTD., currently with $17.15 million in APG stock with ownership of nearly New of the company’s market capitalization.
Positions in APi Group Corporation stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 37 institutional holders increased their position in APi Group Corporation [NYSE:APG] by around 41,105,881 shares. Additionally, 1 investors decreased positions by around 50,696 shares, while 0 investors held positions by with 858,980 shares. The mentioned changes placed institutional holdings at 42,015,557 shares, according to the latest SEC report filing. APG stock had 34 new institutional investments in for a total of 40,340,936 shares, while 0 institutional investors sold positions of 0 shares during the same period.