We came across a bullish thesis on APi Group Corporation on Speedwell Memos’s Substack by Speedwell Research. In this article, we will summarize the bulls’ thesis on APG. APi Group Corporation's share was trading at $39.56 as of November 28th. APG’s trailing and forward P/E were 109.89 and 24.27 respectively according to Yahoo Finance. Construction and extraction Copyright: Kurhan / 123RF Stock Photo APi Group’s evolution from a small 1926 plumbing shop into a global safety and specialty services platfo ...

Cincinnati, Ohio-based Cintas Corporation (CTAS) provides corporate identity uniforms and related business services. With a market cap of $74.8 billion, the company sells uniforms and work apparel, as well as entrance mats, restroom supplies, promotional products, document management, fire protection, and first aid and safety services. Companies worth $10 billion or more are generally described as “large-cap stocks,” and CTAS perfectly fits that description, with its market cap exceeding this mark, unders ...

Core Insights - Cintas Corporation (CTAS) has a market capitalization of $74.7 billion and provides corporate identity uniforms and related business services, including various supplies and safety services [1] Performance Overview - CTAS shares have underperformed the broader market, declining 16.1% over the past year, while the S&P 500 Index has increased nearly 11% [2] - Year-to-date, CTAS stock is up 1.7%, compared to a 12.3% rise in the S&P 500 [2] - Compared to the Industrial Select Sector SPDR Fund (XLI), which gained about 6.4% over the past year, CTAS's performance is notably weaker [3] Financial Results - In Q1, CTAS reported an EPS of $1.20, exceeding Wall Street's expectation of $1.19, and revenue of $2.72 billion, surpassing the forecast of $2.69 billion [4] - For the full fiscal year, Cintas expects EPS to be between $4.74 and $4.86, with revenue projected between $11.1 billion and $11.2 billion [4] Analyst Expectations - Analysts project a 9.8% growth in EPS for the current fiscal year, estimating it to reach $4.83 on a diluted basis [5] - Cintas has consistently beaten consensus estimates in the last four quarters, with a current consensus rating of "Moderate Buy" from 21 analysts [5] Price Targets - Bernstein initiated coverage of CTAS with a "Market Perform" rating and a price target of $200, indicating a potential upside of 7.6% [6] - The mean price target is $220.12, suggesting an 18.5% premium to current levels, while the highest target of $255 indicates a potential upside of 37.2% [6]