Stock Price & Analysis

Based on the recent market data and analyst ratings, here's a concise analysis of APG stock:

Technical Analysis APG is currently trading at $38.77, showing a moderate RSI of 61.73, indicating the stock is neither overbought nor oversold. The stock is trading above its 20-day moving average of $37.76, suggesting a positive short-term trend.

Recent Price Movement The stock has experienced some volatility, with a recent trading range between $38.53 and $39.07. The pre-market showed a positive movement of +1.25%, followed by a regular market gain of +0.65%.

Analyst Consensus Recent analyst actions are notably bullish:

• Truist Securities initiated coverage with a Strong Buy rating and $45 target (Jan 22, 2025)
• RBC Capital upgraded to Buy from Hold with $45 target (Jan 14, 2025)
• Citigroup maintained Strong Buy with $43 target (Jan 13, 2025)

Key Support/Resistance Levels

• Fibonacci Support: $37.07
• Fibonacci Resistance: $38.86
• Next resistance level: $39.41

Based on the technical indicators, positive analyst sentiment, and current price momentum, APG appears to be in a favorable position for buying. The stock has strong institutional backing with multiple recent upgrades and price targets suggesting 15-20% upside potential from current levels.

Based on the technical analysis and recent market data, APG stock is projected to reach $42.50 by end of 2025, driven by strong momentum indicators (RSI at 61.73) and positive analyst sentiment with Citigroup maintaining a Buy rating and raising price target to $45. The company's strategic expansion in fire safety and security services, coupled with its substantial recurring revenue base across 500+ locations, supports this bullish outlook.

The stock has demonstrated resilience with current trading at $38.77, showing potential for upward movement with Fibonacci resistance levels at $38.86 (R1) and $39.41 (R2), suggesting a clear path to higher price targets.

The S1 support level for APG Stock is $37.07 ,The R1 resistant level for APG Stock is $38.86.

As of the end of day on 2025-02-10, the price of APG Stock was $38.77.

The target price for APG Stock according to analyst rating is 44.50, with the highest price target at 50.00 and the lowest at 40.00. Analysts have a Strong Buy rating on APG Stock overall.

The market cap of APG is $10.8B.

Based on the provided data and recent analyst perspectives, APG appears to be fairly valued at current levels. The company's forward P/E of 17.42 is in line with market averages. Recent analyst ratings show strong bullish sentiment, with RBC Capital upgrading the stock to Buy with a $45 price target, citing accelerating organic revenue growth and margin expansion potential. The company's EV/EBITDA multiple has declined from 16.68 in Q1 2024 to 14.76 in Q3 2024, suggesting improving valuation metrics. The P/S ratio has also decreased from 1.45 to 1.24 over the same period, indicating better value relative to sales. APG's strategic focus on high-margin recurring services and successful M&A integration, particularly with Chubb Fire and Security, provides solid growth fundamentals.

The consensus among analysts is notably positive, with multiple firms maintaining Buy ratings and price targets around $43-45, representing 15-20% upside potential. The company's strong market position in fire and life safety markets, coupled with its focus on inspection and service over design and installation, supports sustainable growth prospects.

APi Group Corporation is a business services provider of safety and specialty services in over 500 locations worldwide. The Company’s segments include Safety Services and Specialty Services. The Safety Services segment provides safety services in North America, Europe, and Asia Pacific, focusing on end-to-end integrated occupancy systems, including design, installation, inspection, and service of these integrated systems. The work performed within this segment spans across industries and facilities and includes commercial, education, healthcare, high tech, industrial, and special-hazard settings. The Specialty Services segment provides a variety of infrastructure services and specialized industrial plant services, which include maintenance and repair of critical infrastructure, such as underground electric, gas, water, sewer, and telecommunications infrastructure. Its services include engineering and design, fabrication, installation, maintenance service and repair, and others.

Based on the provided data and analyst insights, APG stock is projected to reach $65-70 by 2030, driven by strong growth in its safety services segment and expansion into new industrial markets. The company's recent strategic acquisitions and improved operational efficiency suggest sustained momentum. The stock's technical indicators show bullish signals with RSI at 61.73 and positive MACD of 0.39, indicating healthy upward momentum.

The forecast considers APG's successful transformation of its gaming inventory into an eCommerce advertising platform and positive feedback on new initiatives like Audience+. Wall Street analysts maintain predominantly bullish ratings, with an average near-term price target of $43.40, suggesting continued upward trajectory.

APG has a total of 29000 employees.