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As of close of business last night, APA Corporation’s stock clocked out at $31.27, down -2.31% from its previous closing price of $32.01. In other words, the price has decreased by -$2.31 from its previous closing price. On the day, 4.49 million shares were traded. APA stock price reached its highest trading level at $31.775 during the session, while it also had its lowest trading level at $31.08.
Ratios:
To gain a deeper understanding of APA’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 113.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.69. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.16. In the meantime, Its Debt-to-Equity ratio is 2.03 whereas as Long-Term Debt/Eq ratio is at 1.99.
On June 14, 2024, Evercore ISI Downgraded its rating to In-line which previously was Outperform and also lowered its target price recommendation from $52 to $39.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, APA now has a Market Capitalization of 11607174144 and an Enterprise Value of 17850183680. As of this moment, APA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.50, and their Forward P/E ratio for the next fiscal year is 6.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.41 while its Price-to-Book (P/B) ratio in mrq is 3.61. Its current Enterprise Value per Revenue stands at 2.208 whereas that against EBITDA is 3.612.
Stock Price History:
Over the past 52 weeks, APA has reached a high of $46.15, while it has fallen to a 52-week low of $27.17. The 50-Day Moving Average of the stock is 5.30%, while the 200-Day Moving Average is calculated to be -5.88%.
Shares Statistics:
It appears that APA traded 5.77M shares on average per day over the past three months and 4661820 shares per day over the past ten days. A total of 371.19M shares are outstanding, with a floating share count of 369.45M. Insiders hold about 0.47% of the company’s shares, while institutions hold 74.25% stake in the company. Shares short for APA as of 1719532800 were 22782788 with a Short Ratio of 3.95, compared to 1717113600 on 21388724. Therefore, it implies a Short% of Shares Outstanding of 22782788 and a Short% of Float of 7.0199996.
Dividends & Splits
With its trailing 12-month dividend rate of 1.0, APA has a forward annual dividend rate of 1.00. Against a Trailing Annual Dividend Yield of 0.031486146The stock’s 5-year Average Dividend Yield is 2.74.
