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As of close of business last night, APA Corporation’s stock clocked out at $21.84, down -1.62% from its previous closing price of $22.20. In other words, the price has decreased by -$1.62 from its previous closing price. On the day, 6.67 million shares were traded. APA stock price reached its highest trading level at $22.58 during the session, while it also had its lowest trading level at $21.82.
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 126.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.83. 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.
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:
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 Oct 28 ’24 when LANNIE P ANTHONY bought 89,501 shares for $23.97 per share.
Rabun Daniel Wayne bought 75,998 shares of APA for $2,251,820 on Aug 15 ’24.
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 8212822528 and an Enterprise Value of 15531652096. As of this moment, APA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.09, and their Forward P/E ratio for the next fiscal year is 6.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.88 while its Price-to-Book (P/B) ratio in mrq is 1.58. Its current Enterprise Value per Revenue stands at 1.734 whereas that against EBITDA is 3.077.
Stock Price History:
Over the past 52 weeks, APA has reached a high of $37.82, while it has fallen to a 52-week low of $21.15. The 50-Day Moving Average of the stock is -8.68%, while the 200-Day Moving Average is calculated to be -23.30%.
Shares Statistics:
It appears that APA traded 6.53M shares on average per day over the past three months and 6043290 shares per day over the past ten days. A total of 369.92M shares are outstanding, with a floating share count of 362.15M. Insiders hold about 2.11% of the company’s shares, while institutions hold 83.68% stake in the company. Shares short for APA as of 1731628800 were 19032360 with a Short Ratio of 2.91, compared to 1728950400 on 18974713. Therefore, it implies a Short% of Shares Outstanding of 19032360 and a Short% of Float of 5.89.
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 0.045045044The stock’s 5-year Average Dividend Yield is 2.7.
