Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
APA Corporation (NASDAQ: APA) closed the day trading at $22.99 down -0.82% from the previous closing price of $23.18. In other words, the price has decreased by -$0.82 from its previous closing price. On the day, 4.69 million shares were traded. APA stock price reached its highest trading level at $23.479 during the session, while it also had its lowest trading level at $22.82.
Ratios:
For a better understanding of APA, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 132.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.35. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.24. In the meantime, Its Debt-to-Equity ratio is 1.27 whereas as Long-Term Debt/Eq ratio is at 1.25.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on December 17, 2024, Downgraded its rating to Equal Weight and sets its target price to $25 from $42 previously.
Evercore ISI Downgraded its Outperform to In-line on June 14, 2024, whereas the target price for the stock was revised from $52 to $39.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 12 ’24 when Ellis Juliet S bought 4,391 shares for $22.78 per share. The transaction valued at 100,027 led to the insider holds 12,436 shares of the business.
LANNIE P ANTHONY bought 89,501 shares of APA for $2,145,212 on Oct 28 ’24. On Aug 15 ’24, another insider, Rabun Daniel Wayne, who serves as the Director of the company, bought 75,998 shares for $29.63 each.
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 8505081856 and an Enterprise Value of 16027381760. As of this moment, APA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.25, and their Forward P/E ratio for the next fiscal year is 6.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 1.66. Its current Enterprise Value per Revenue stands at 1.79 whereas that against EBITDA is 3.176.
Stock Price History:
The Beta on a monthly basis for APA is 3.16, which has changed by -0.23346561 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, APA has reached a high of $36.04, while it has fallen to a 52-week low of $20.32. The 50-Day Moving Average of the stock is 1.00%, while the 200-Day Moving Average is calculated to be -13.97%.
Shares Statistics:
Over the past 3-months, APA traded about 6.80M shares per day on average, while over the past 10 days, APA traded about 6782500 shares per day. A total of 369.92M shares are outstanding, with a floating share count of 362.09M. Insiders hold about 2.12% of the company’s shares, while institutions hold 83.42% stake in the company. Shares short for APA as of 1736899200 were 24043734 with a Short Ratio of 3.53, compared to 1734048000 on 24054993. Therefore, it implies a Short% of Shares Outstanding of 24043734 and a Short% of Float of 7.4399999999999995.
Dividends & Splits
APA’s forward annual dividend rate is 1.00, up from 1.0 a year ago. Against a Trailing Annual Dividend Yield of 0.04314064The stock’s 5-year Average Dividend Yield is 2.71. The current Payout Ratio is 10.82% for APA, which recently paid a dividend on 2025-01-22 with an ex-dividend date of 1737504000. Stock splits for the company last occurred on 2004-01-15 when the company split stock in a 2:1 ratio.
