APi Price And Earnings Diverge, Setting Up Strong Buy Rating
APi Group Corporation's earnings are set to grow in Q3 and Q4 2024, despite a recent decline in share price, presenting a Strong Buy opportunity. The company's 13/60/80 framework aims to boost adjusted EBITDA margins, recurring revenue, and free cash flow conversion. APi's aggressive acquisition strategy, including the recent purchase of Elevated Facility Services Group, supports its growth and expansion goals.
American Power Group Announces $800,000 of S4000 Stationary Dual Fuel Systems Orders
- Over 325 Diesel Frac Engines/Pumps Converted to APG's Dual Fuel Technology to Date - ALGONA, IA / ACCESSWIRE / August 6, 2024 / American Power Group Corporation ("APG") (OTC Pink:APGI) announced today that it has received approximately $2.2 million of follow-on orders since October 1st from its network of stationary certified dealer/installers with approximately $800,000 received and to be shipped in the September 4th fiscal quarter. Fiscal 2024 YTD revenue is approximately $2.9 million which is over 230% higher than all of fiscal 2023 and attributable to stronger dual fuel stationary conversion revenue.
APi Group Corporation (APG) Q2 2024 Earnings Call Transcript
APi Group Corporation (NYSE:APG ) Q2 2024 Results Conference Call August 1, 2024 8:30 AM ET Company Participants Adam Fee - Vice President, Investor Relations Russell Becker - President and Chief Executive Officer Kevin Krumm - Executive Vice President and Chief Financial Officer Conference Call Participants Kathryn Thompson - Thompson Research Group Andy Kaplowitz - Citigroup Jack Cauchi - Barclays Jon Tanwanteng - CJS Securities Stephanie Moore - Jefferies Josh Chan - UBS Charles Tusa - JPMorgan David Paige - RBC Capital Markets Operator Good morning, ladies and gentlemen, and welcome to the APi Group's Second Quarter 2024 Financial Results Conference Call. [Operator Instructions] Please note that this call is being recorded.
APi (APG) Q2 Earnings Beat Estimates
APi (APG) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.41 per share a year ago.
Greystone Capital Q2 2024 Letter To Clients
Greystone Capital managed separate accounts with returns ranging from +4.3% to +7.1% in Q2 2024, with a median return of +6.0%. Second quarter and year-to-date results compare both unfavorably and favorably to the S&P 500 and Russell 2000 returns of +4.3% and -3.3% during the quarter and +15.2% and +1.7% year-to-date. It's worth repeating that there are things to invest in outside of both the Magnificent 7 and major indices, making now an ideal time to allocate to a strategy like ours.
APG vs. ULS: Which Stock Should Value Investors Buy Now?
Investors with an interest in Business - Services stocks have likely encountered both APi (APG) and UL Solutions Inc. (ULS). But which of these two companies is the best option for those looking for undervalued stocks?
Is APi Group (APG) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Will APi (APG) Beat Estimates Again in Its Next Earnings Report?
APi (APG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
APG or ULS: Which Is the Better Value Stock Right Now?
Investors interested in Business - Services stocks are likely familiar with APi (APG) and UL Solutions Inc. (ULS). But which of these two stocks is more attractive to value investors?
APi Group: Leading Player In An Attractive Industry
APi Group operates in an attractive industry with steady recurring revenue streams and a leading market position. The company benefits from strong scale advantages, allowing for best-in-class service and cost efficiencies. The recent acquisition of Elevated has enlarged APG's addressable market, providing growth opportunities and EBITDA margin accretion.
