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.
As of close of business last night, APA Corporation’s stock clocked out at $22.01, down -1.65% from its previous closing price of $22.38. In other words, the price has decreased by -$1.65 from its previous closing price. On the day, 8.7 million shares were traded.
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 127.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.91. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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:
As of this moment, APA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.12, and their Forward P/E ratio for the next fiscal year is 6.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 1.59.
Stock Price History:
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 -3.72%, while the 200-Day Moving Average is calculated to be -15.08%.
Shares Statistics:
A total of 369.92M shares are outstanding, with a floating share count of 362.01M. Insiders hold about 2.14% of the company’s shares, while institutions hold 88.35% stake in the company.
Earnings Estimates
At present, 24.0 analysts are actively evaluating the performance of APA Corporation (APA) in the stock market.The consensus estimate for the next quarter is $0.98, with high estimates of $3.08 and low estimates of $0.44.
Analysts are recommending an EPS of between $4.61 and $3.57 for the fiscal current year, implying an average EPS of $4.01. EPS for the following year is $3.74, with 26.0 analysts recommending between $6.81 and $1.69.
Revenue Estimates
In the current quarter, 9 analysts expect revenue to total $2.31B. It ranges from a high estimate of $2.54B to a low estimate of $2.07B. As of the current estimate, APA Corporation’s year-ago sales were $1.89BFor the next quarter, 9 analysts are estimating revenue of $2.14B. There is a high estimate of $2.34B for the next quarter, whereas the lowest estimate is $1.89B.
A total of 11 analysts have provided revenue estimates for APA’s current fiscal year. The highest revenue estimate was $9.79B, while the lowest revenue estimate was $8.58B, resulting in an average revenue estimate of $9.36B. In the same quarter a year ago, actual revenue was $8.19BBased on 11 analysts’ estimates, the company’s revenue will be $8.6B in the next fiscal year. The high estimate is $9.8B and the low estimate is $7.22B.
