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The price of APA Corporation (NASDAQ: APA) closed at $25.89 in the last session, down -3.18% from day before closing price of $26.74. In other words, the price has decreased by -$3.18 from its previous closing price. On the day, 6.46 million shares were traded. APA stock price reached its highest trading level at $26.96 during the session, while it also had its lowest trading level at $25.855.
Ratios:
We take a closer look at APA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 59.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.44. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 9894950912 and an Enterprise Value of 17649256448. As of this moment, APA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.83, and their Forward P/E ratio for the next fiscal year is 5.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07 while its Price-to-Book (P/B) ratio in mrq is 1.77. Its current Enterprise Value per Revenue stands at 1.981 whereas that against EBITDA is 3.258.
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 $26.67. The 50-Day Moving Average of the stock is -12.09%, while the 200-Day Moving Average is calculated to be -18.09%.
Shares Statistics:
According to the various share statistics, APA traded on average about 5.28M shares per day over the past 3-months and 4560030 shares per day over the past 10 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 82.79% stake in the company. Shares short for APA as of 1723680000 were 15233551 with a Short Ratio of 2.88, 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
The forward annual dividend rate for APA is 1.00, which was 1.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.037397157The stock’s 5-year Average Dividend Yield is 2.7.
