APi Group (NYSE:APG) Announces Earnings Results, Beats Estimates By $0.02 EPS

APi Group (NYSE:APG) announced its quarterly earnings results on Thursday. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.02, Briefing.com reports. The company had revenue of $1.98 billion for the quarter, compared to analysts’ expectations of $1.92 billion. APi Group had a net margin of 3.70% and a return on equity of 37.92%. The business’s quarterly revenue was up 15.3% compared to the same quarter last year. During the same period last year, the firm posted $0.37 earnings per share.

Here are the key takeaways from APi Group’s conference call:

• APi reported a strong Q1 — net revenues +15% (≈10% organic) and Adjusted EBITDA +21.8% with margin expansion of ~70 bps to 11.9%.
• Cash and leverage provide flexibility — Q1 Adjusted Free Cash Flow $125M, 88% conversion, and net leverage ~1.8x, well below long‑term targets, supporting M&A and capital deployment.
• Accelerated M&A to build Safety Services — closed CertaSite and agreed to acquire WTech (Europe) and Onyx (Canada) (>$1B total); Onyx expected to close in 2Q and WTech in 3Q, and management says these deals are accretive to long‑term targets.
• Management raised full‑year guidance — FY revenue range and Adjusted EBITDA were increased, implying organic growth of ~5%–7% and a midpoint adjusted EBITDA margin of ~13.8%.
• Strong end‑market momentum (Specialty Services organic ≈25%) and inspection/service growth (mid‑ to upper‑single digits) drove results, but mix toward projects and Specialty weighed on adjusted gross margin this quarter.

APi Group Stock Performance

APG stock traded down $2.86 during midday trading on Thursday, reaching $45.80. 7,041,471 shares of the company were exchanged, compared to its average volume of 2,674,686. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.50 and a quick ratio of 1.43. The business has a 50-day moving average price of $43.69 and a two-hundred day moving average price of $40.85. APi Group has a one year low of $26.05 and a one year high of $49.99. The firm has a market capitalization of $19.81 billion, a price-to-earnings ratio of -60.53, a price-to-earnings-growth ratio of 2.91 and a beta of 1.68.

Insider Activity

In related news, Director James E. Lillie sold 83,629 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $42.94, for a total value of $3,591,029.26. Following the completion of the sale, the director directly owned 9,522,350 shares in the company, valued at approximately $408,889,709. The trade was a 0.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Martin E. Franklin sold 3,000,000 shares of the company’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $40.88, for a total transaction of $122,640,000.00. Following the sale, the director directly owned 21,240,426 shares of the company’s stock, valued at $868,308,614.88. This represents a 12.38% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 3,682,000 shares of company stock valued at $152,333,385. 18.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On APi Group

Institutional investors and hedge funds have recently bought and sold shares of the company. Silicon Valley Capital Partners lifted its stake in APi Group by 50.0% during the third quarter. Silicon Valley Capital Partners now owns 858 shares of the company’s stock worth $29,000 after purchasing an additional 286 shares during the last quarter. Parallel Advisors LLC lifted its stake in APi Group by 55.3% during the third quarter. Parallel Advisors LLC now owns 834 shares of the company’s stock worth $29,000 after purchasing an additional 297 shares during the last quarter. Bradley Foster & Sargent Inc. CT lifted its stake in APi Group by 0.3% during the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 103,073 shares of the company’s stock worth $3,944,000 after purchasing an additional 303 shares during the last quarter. Principal Securities Inc. lifted its stake in APi Group by 5.8% during the fourth quarter. Principal Securities Inc. now owns 5,736 shares of the company’s stock worth $219,000 after purchasing an additional 314 shares during the last quarter. Finally, Marshall Wace LLP lifted its stake in APi Group by 4.8% during the fourth quarter. Marshall Wace LLP now owns 6,978 shares of the company’s stock worth $267,000 after purchasing an additional 320 shares during the last quarter. Institutional investors own 86.62% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on APG shares. UBS Group raised their price objective on APi Group from $49.00 to $54.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Barclays raised their target price on shares of APi Group from $44.00 to $52.00 and gave the company an “overweight” rating in a research note on Thursday, February 26th. Wall Street Zen cut shares of APi Group from a “buy” rating to a “hold” rating in a research note on Saturday, April 18th. Royal Bank Of Canada raised their target price on shares of APi Group from $45.00 to $53.00 and gave the company an “outperform” rating in a research note on Thursday, February 26th. Finally, Citigroup raised their target price on shares of APi Group from $49.00 to $52.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $48.57.

About APi Group

APi Group Corp. is a global specialty contractor that provides fire protection, security, mechanical insulation and energy services to commercial, industrial and institutional clients. Headquartered in New Brighton, Minnesota, the company designs, installs, inspects, tests, maintains and repairs a wide range of safety and infrastructure systems. Through its network of operating subsidiaries, APi Group delivers end-to-end solutions for new construction, facility renovations and ongoing maintenance requirements.

Its service portfolio spans life safety and industrial services—such as fire suppression systems, fire alarms and emergency lighting—and specialized offerings including technical insulation, access solutions, passive fire protection and energy efficiency upgrades.