APi Group (APG) to Release Quarterly Earnings on Wednesday

APi Group (NYSE:APG - Get Free Report) is anticipated to release its earnings data before the market opens on Wednesday, February 26th. Analysts expect APi Group to post earnings of $0.52 per share and revenue of $1.84 billion for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.

APi Group Stock Down 2.5 %

NYSE:APG traded down $1.02 during trading hours on Friday, hitting $39.86. The stock had a trading volume of 2,256,550 shares, compared to its average volume of 1,246,008. The company has a current ratio of 1.51, a quick ratio of 1.42 and a debt-to-equity ratio of 0.96. APi Group has a 1-year low of $31.44 and a 1-year high of $41.31. The business has a 50 day simple moving average of $37.38 and a two-hundred day simple moving average of $35.75. The company has a market cap of $10.95 billion, a PE ratio of -20.23 and a beta of 1.55.

Analyst Ratings Changes

Several brokerages have issued reports on APG. Robert W. Baird increased their price objective on shares of APi Group from $39.00 to $40.00 and gave the company an "outperform" rating in a research report on Tuesday, November 26th. Barclays raised their price target on shares of APi Group from $43.00 to $44.00 and gave the stock an "overweight" rating in a research report on Tuesday, November 5th. William Blair reissued an "outperform" rating on shares of APi Group in a research report on Thursday, December 5th. Truist Financial initiated coverage on shares of APi Group in a research report on Wednesday, January 22nd. They set a "buy" rating and a $45.00 price target for the company. Finally, 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 for the company in a research report on Tuesday, January 14th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average 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.