Quarterly Metrics: Quick and Current Ratios for APA Corporation (APA)

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As of close of business last night, APA Corporation’s stock clocked out at $30.50, down -2.99% from its previous closing price of $31.44. In other words, the price has decreased by -$2.99 from its previous closing price. On the day, 7.62 million shares were traded. APA stock price reached its highest trading level at $31.37 during the session, while it also had its lowest trading level at $30.15.

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 130.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.21. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 1.02. In the meantime, Its Debt-to-Equity ratio is 2.06 whereas as Long-Term Debt/Eq ratio is at 2.02.

On April 10, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $40.

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 11332366336 and an Enterprise Value of 15623474176. As of this moment, APA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.29, and their Forward P/E ratio for the next fiscal year is 5.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.37 while its Price-to-Book (P/B) ratio in mrq is 3.49. Its current Enterprise Value per Revenue stands at 1.93 whereas that against EBITDA is 3.062.

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 $29.47. The 50-Day Moving Average of the stock is -6.19%, while the 200-Day Moving Average is calculated to be -16.68%.

Shares Statistics:

It appears that APA traded 7.04M shares on average per day over the past three months and 5739330 shares per day over the past ten days. A total of 370.89M shares are outstanding, with a floating share count of 368.88M. Insiders hold about 0.54% of the company’s shares, while institutions hold 67.90% stake in the company. Shares short for APA as of 1713139200 were 18574080 with a Short Ratio of 2.64, compared to 1710460800 on 23306136. Therefore, it implies a Short% of Shares Outstanding of 18574080 and a Short% of Float of 5.72.

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 0.031806614The stock’s 5-year Average Dividend Yield is 2.75.

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