Latest news with #APi
Yahoo
13 hours ago
- Business
- Yahoo
Construction and Maintenance Services Stocks Q1 In Review: APi (NYSE:APG) Vs Peers
As the Q1 earnings season comes to a close, it's time to take stock of this quarter's best and worst performers in the construction and maintenance services industry, including APi (NYSE:APG) and its peers. Construction and maintenance services companies not only boast technical know-how in specialized areas but also may hold special licenses and permits. Those who work in more regulated areas can enjoy more predictable revenue streams - for example, fire escapes need to be inspected every five years. More recently, services to address energy efficiency and labor availability are also creating incremental demand. But like the broader industrials sector, construction and maintenance services companies are at the whim of economic cycles as external factors like interest rates can greatly impact the new construction that drives incremental demand for these companies' offerings. The 12 construction and maintenance services stocks we track reported a very strong Q1. As a group, revenues beat analysts' consensus estimates by 5.9%. Luckily, construction and maintenance services stocks have performed well with share prices up 21.3% on average since the latest earnings results. Started in 1926 as an insulation contractor, APi (NYSE:APG) provides life safety solutions and specialty services for buildings and infrastructure. APi reported revenues of $1.72 billion, up 7.4% year on year. This print exceeded analysts' expectations by 4.7%. Overall, it was a very strong quarter for the company with an impressive beat of analysts' organic revenue estimates and full-year EBITDA guidance exceeding analysts' expectations. Russ Becker, APi's President and Chief Executive Officer stated: 'We are off to a strong start in 2025, with a return to traditional levels of organic growth after our thoughtful and selective pruning of certain customer accounts in 2024. We've also continued to expand margins and deploy capital on M&A and share repurchases to drive shareholder value. Our robust backlog, variable cost structure, the statutorily-driven demand for our services, and the diversity of the global end markets we serve combine to provide a protective moat around the business. We believe this positions us well to navigate the dynamic tariff variables in the marketplace. The stock is up 24.5% since reporting and currently trades at $47.04. Is now the time to buy APi? Access our full analysis of the earnings results here, it's free. Founded as Lydon & Drews dredging company, Great Lakes Dredge & Dock (NASDAQ:GLDD) provides dredging services, land reclamation, and coastal protection projects in the United States and internationally. Great Lakes Dredge & Dock reported revenues of $242.9 million, up 22.3% year on year, outperforming analysts' expectations by 17.5%. The business had an incredible quarter with an impressive beat of analysts' EPS estimates and a solid beat of analysts' EBITDA estimates. Great Lakes Dredge & Dock scored the biggest analyst estimates beat among its peers. The market seems happy with the results as the stock is up 19.4% since reporting. It currently trades at $11.40. Is now the time to buy Great Lakes Dredge & Dock? Access our full analysis of the earnings results here, it's free. Founded in Oklahoma, Matrix Service (NASDAQ:MTRX) provides engineering, fabrication, construction, and maintenance services primarily to the energy and industrial markets. Matrix Service reported revenues of $200.2 million, up 20.6% year on year, falling short of analysts' expectations by 6.9%. It was a disappointing quarter as it posted full-year revenue guidance missing analysts' expectations and a significant miss of analysts' EBITDA estimates. Matrix Service delivered the weakest performance against analyst estimates and weakest full-year guidance update in the group. The stock is flat since the results and currently trades at $12.19. Read our full analysis of Matrix Service's results here. Established in 1994, Orion (NYSE:ORN) provides construction services for marine infrastructure and industrial projects. Orion reported revenues of $188.7 million, up 17.4% year on year. This number topped analysts' expectations by 8.8%. It was an exceptional quarter as it also put up a solid beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. The stock is up 30% since reporting and currently trades at $8.23. Read our full, actionable report on Orion here, it's free. Established in 1901, Limbach (NASDAQ: LMB) provides integrated building systems solutions, including mechanical, electrical, and plumbing services. Limbach reported revenues of $133.1 million, up 11.9% year on year. This result surpassed analysts' expectations by 10%. Overall, it was an exceptional quarter as it also recorded an impressive beat of analysts' EPS estimates and a solid beat of analysts' EBITDA estimates. The stock is up 28.5% since reporting and currently trades at $132.51. Read our full, actionable report on Limbach here, it's free. In response to the Fed's rate hikes in 2022 and 2023, inflation has been gradually trending down from its post-pandemic peak, trending closer to the Fed's 2% target. Despite higher borrowing costs, the economy has avoided flashing recessionary signals. This is the much-desired soft landing that many investors hoped for. The recent rate cuts (0.5% in September and 0.25% in November 2024) have bolstered the stock market, making 2024 a strong year for equities. Donald Trump's presidential win in November sparked additional market gains, sending indices to record highs in the days following his victory. However, debates continue over possible tariffs and corporate tax adjustments, raising questions about economic stability in 2025. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
Yahoo
5 days ago
- Business
- Yahoo
1 Volatile Stock on Our Buy List and 2 to Question
A highly volatile stock can deliver big gains - or just as easily wipe out a portfolio if things go south. While some investors embrace risk, mistakes can be costly for those who aren't prepared. At StockStory, our job is to help you avoid costly mistakes and stay on the right side of the trade. That said, here is one volatile stock that could deliver huge gains and two best left to the gamblers. Rolling One-Year Beta: 1.63 Formerly Eldorado Resorts, Caesars Entertainment (NASDAQ:CZR) is a global gaming and hospitality company operating numerous casinos, hotels, and resort properties. Why Do We Think Twice About CZR? Sales were flat over the last two years, indicating it's failed to expand its business Incremental sales over the last five years were much less profitable as its earnings per share fell by 25.8% annually while its revenue grew Unfavorable liquidity position could lead to additional equity financing that dilutes shareholders Caesars Entertainment is trading at $27.05 per share, or 1.5x forward EV-to-EBITDA. To fully understand why you should be careful with CZR, check out our full research report (it's free). Rolling One-Year Beta: 1.13 Started in 1926 as an insulation contractor, APi (NYSE:APG) provides life safety solutions and specialty services for buildings and infrastructure. Why Are We Cautious About APG? Organic revenue growth fell short of our benchmarks over the past two years and implies it may need to improve its products, pricing, or go-to-market strategy Capital intensity has ramped up over the last five years as its free cash flow margin decreased by 3.9 percentage points Underwhelming 3% return on capital reflects management's difficulties in finding profitable growth opportunities At $46.76 per share, APi trades at 22.1x forward P/E. Dive into our free research report to see why there are better opportunities than APG. Rolling One-Year Beta: 1.88 Formed by the 1997 merger of the two leading semiconductor yield management companies, KLA Corporation (NASDAQ:KLAC) is the leading supplier of equipment used to measure and inspect semiconductor chips. Why Are We Bullish on KLAC? Market share has increased this cycle as its 15.6% annual revenue growth over the last five years was exceptional Disciplined cost controls and effective management resulted in a strong two-year operating margin of 35.9%, and its operating leverage amplified its profits over the last five years KLAC is a free cash flow machine with the flexibility to invest in growth initiatives or return capital to shareholders KLA Corporation's stock price of $769.80 implies a valuation ratio of 24.6x forward P/E. Is now the right time to buy? See for yourself in our comprehensive research report, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
6 days ago
- Business
- Associated Press
APi Group Announces Upcoming Participation in Baird's 2025 Global Consumer, Technology & Services Conference and the William Blair 45th Annual Growth Stock Conference
NEW BRIGHTON, Minn.--(BUSINESS WIRE)--May 29, 2025-- APi Group Corporation (NYSE: APG) ('APi' or the 'Company') today announced that its senior leadership will be participating in a fireside chat during the William Blair 45 th Annual Growth Stock Conference on Thursday, June 5 th at 11:20 a.m. CT. The live webcast link and archived replay will be available in the 'Events' area on the Investor Relations page of APi's website at Interested parties should check the Company's website for any schedule updates or time changes. The Company's senior leadership will also be participating in Baird's 2025 Global Consumer, Technology & Services Conference on Tuesday, June 3 rd. About APi: APi is a global, market-leading business services provider of fire and life safety, security, elevator and escalator, and specialty services with a substantial recurring revenue base and over 500 locations worldwide. APi provides statutorily mandated and other contracted services to a strong base of long-standing customers across industries. We have a winning leadership culture driven by entrepreneurial business leaders to deliver innovative solutions for our customers. More information can be found at View source version on CONTACT: Investor Relations and Media Inquiries: Adam Fee Vice President of Investor Relations Tel: +1 651-240-7252 Email:[email protected] KEYWORD: MINNESOTA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: CONSTRUCTION & PROPERTY OTHER ENERGY ENGINEERING HVAC UTILITIES BUILDING SYSTEMS MANUFACTURING ENERGY MACHINERY OTHER CONSTRUCTION & PROPERTY SOURCE: APi Group Corporation Copyright Business Wire 2025. PUB: 05/29/2025 07:30 AM/DISC: 05/29/2025 07:31 AM
Business Wire
6 days ago
- Business
- Business Wire
APi Group Announces Upcoming Participation in Baird's 2025 Global Consumer, Technology & Services Conference and the William Blair 45 th Annual Growth Stock Conference
NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) ('APi' or the 'Company') today announced that its senior leadership will be participating in a fireside chat during the William Blair 45 th Annual Growth Stock Conference on Thursday, June 5 th at 11:20 a.m. CT. The live webcast link and archived replay will be available in the 'Events' area on the Investor Relations page of APi's website at Interested parties should check the Company's website for any schedule updates or time changes. The Company's senior leadership will also be participating in Baird's 2025 Global Consumer, Technology & Services Conference on Tuesday, June 3 rd. About APi: APi is a global, market-leading business services provider of fire and life safety, security, elevator and escalator, and specialty services with a substantial recurring revenue base and over 500 locations worldwide. APi provides statutorily mandated and other contracted services to a strong base of long-standing customers across industries. We have a winning leadership culture driven by entrepreneurial business leaders to deliver innovative solutions for our customers. More information can be found at
Yahoo
6 days ago
- Business
- Yahoo
Is APi Group (APG) Stock Outpacing Its Business Services Peers This Year?
The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. APi (APG) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. APi is a member of our Business Services group, which includes 270 different companies and currently sits at #3 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. APi is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for APG's full-year earnings has moved 0.4% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. According to our latest data, APG has moved about 30.3% on a year-to-date basis. In comparison, Business Services companies have returned an average of 3.4%. This means that APi is performing better than its sector in terms of year-to-date returns. Another stock in the Business Services sector, Cap Gemini SA (CGEMY), has outperformed the sector so far this year. The stock's year-to-date return is 4.3%. The consensus estimate for Cap Gemini SA's current year EPS has increased 5.1% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy). Looking more specifically, APi belongs to the Business - Services industry, a group that includes 26 individual stocks and currently sits at #31 in the Zacks Industry Rank. This group has gained an average of 17.9% so far this year, so APG is performing better in this area. On the other hand, Cap Gemini SA belongs to the Outsourcing industry. This 10-stock industry is currently ranked #33. The industry has moved +1.6% year to date. Going forward, investors interested in Business Services stocks should continue to pay close attention to APi and Cap Gemini SA as they could maintain their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report APi Group Corporation (APG) : Free Stock Analysis Report Cap Gemini SA (CGEMY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
