With 2.91 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.24 million shares. The 52-week range on APG shows that it touched its highest point at $40.89 and its lowest point at $31.44 during that stretch. It currently has a 1-year price target of $43.90. Beta for the stock currently stands at 1.89.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of APG was up-trending over the past week, with a rise of 8.75%, but this was up by 6.57% over a month. Three-month performance surged to 15.58% while six-month performance rose 17.81%. The stock gained 17.07% in the past year, while it has gained 13.65% so far this year. A look at the trailing 12-month EPS for APG yields -1.93 with Next year EPS estimates of 2.09. For the next quarter, that number is 0.50. This implies an EPS growth rate of 16.28% for this year and 13.66% for next year. EPS is expected to grow by 14.52% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 11.82%.
Float and Shares Shorts:
At present, 274.76 million APG shares are outstanding with a float of 150.48 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for APG since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.85734 being high and $1.77702 being low. For APG, this leads to a yearly average estimate of $1.83726. Based on analyst estimates, the high estimate for the next quarter is $0.47 and the low estimate is $0.37. The average estimate for the next quarter is thus $0.4.
