With 2.54 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.32 million shares. The 52-week range on APG shows that it touched its highest point at $41.31 and its lowest point at $31.44 during that stretch. It currently has a 1-year price target of $45.30. Beta for the stock currently stands at 1.88.
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 down-trending over the past week, with a drop of -5.33%, but this was up by 4.31% over a month. Three-month performance surged to 4.57% while six-month performance rose 8.71%. The stock gained 8.13% in the past year, while it has gained 7.59% so far this year. A look at the trailing 12-month EPS for APG yields -0.94 with Next year EPS estimates of 2.35. For the next quarter, that number is 0.37. This implies an EPS growth rate of 13.04% for this year and 13.06% for next year. EPS is expected to grow by 12.18% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -16.75%.
Float and Shares Shorts:
At present, 173.29 million APG shares are outstanding with a float of 151.01 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 $1.85628 being high and $1.77601 being low. For APG, this leads to a yearly average estimate of $1.83621. Based on analyst estimates, the high estimate for the next quarter is $0.56 and the low estimate is $0.53. The average estimate for the next quarter is thus $0.55.
