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In the latest session, APA Corporation (NASDAQ: APA) closed at $24.92 down -1.27% from its previous closing price of $25.24. In other words, the price has decreased by -$1.27 from its previous closing price. On the day, 7.15 million shares were traded. APA stock price reached its highest trading level at $25.36 during the session, while it also had its lowest trading level at $24.775.
Ratios:
For a deeper understanding of APA Corporation’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 57.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.79. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 1.26 whereas as Long-Term Debt/Eq ratio is at 1.24.
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.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 15 ’24 when Rabun Daniel Wayne bought 75,998 shares for $29.63 per share.
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 9218032640 and an Enterprise Value of 16976028672. As of this moment, APA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.72, and their Forward P/E ratio for the next fiscal year is 5.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 1.70. Its current Enterprise Value per Revenue stands at 1.906 whereas that against EBITDA is 3.134.
Stock Price History:
Over the past 52 weeks, APA has reached a high of $44.98, while it has fallen to a 52-week low of $25.09. The 50-Day Moving Average of the stock is -14.81%, while the 200-Day Moving Average is calculated to be -20.75%.
Shares Statistics:
For the past three months, APA has traded an average of 5.50M shares per day and 6437520 over the past ten days. A total of 369.90M shares are outstanding, with a floating share count of 361.23M. Insiders hold about 2.35% of the company’s shares, while institutions hold 82.80% stake in the company. Shares short for APA as of 1723680000 were 15233551 with a Short Ratio of 2.77, compared to 1721001600 on 16553773. Therefore, it implies a Short% of Shares Outstanding of 15233551 and a Short% of Float of 4.71.
Dividends & Splits
According to the company, the forward annual dividend rate for APA is 1.00, from 1.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.03961965The stock’s 5-year Average Dividend Yield is 2.7.
