APA Corporation (NASDAQ: APA) has a higher price-to-earnings ratio of 3.17x compared to its average ratio, The 36-month beta value for APA is at 3.19. Analysts have varying views on the stock, with 7 analysts rating it as a “buy,” 4 rating it as “overweight,” 16 as “hold,” and 3 as “sell.”
The public float for APA is 362.14M, and currently, shorts hold a 6.64% of that float. The average trading volume for APA on December 31, 2024 was 6.52M shares.
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APA) stock’s latest price update
APA Corporation (NASDAQ: APA)’s stock price has increased by 1.49 compared to its previous closing price of 22.09. However, the company has seen a 6.56% increase in its stock price over the last five trading sessions. seekingalpha.com reported 2024-12-26 that APA Corporation generates strong FCF and earnings despite market weakness, with a market cap of $7.5 billion and a 5% dividend yield. The company is investing heavily in Suriname, mimicking Exxon Mobil’s success, with first oil expected by mid-2028, enhancing long-term growth. APA Corporation is reducing capex, optimizing its portfolio, and focusing on high-yield assets, expecting stronger FCF and cost reductions in 2025.
APA’s Market Performance
APA Corporation (APA) has seen a 6.56% rise in stock performance for the week, with a -0.44% decline in the past month and a -8.34% plunge in the past quarter. The volatility ratio for the week is 2.96%, and the volatility levels for the past 30 days are at 3.38% for APA. The simple moving average for the past 20 days is 2.36% for APA’s stock, with a -19.26% simple moving average for the past 200 days.
Analysts’ Opinion of APA
Many brokerage firms have already submitted their reports for APA stocks, with Wells Fargo repeating the rating for APA by listing it as a “Equal Weight.” The predicted price for APA in the upcoming period, according to Wells Fargo is $25 based on the research report published on December 17, 2024 of the current year 2024.
Wolfe Research, on the other hand, stated in their research note that they expect to see APA reach a price target of $42. The rating they have provided for APA stocks is “Outperform” according to the report published on July 18th, 2024.
Evercore ISI gave a rating of “In-line” to APA, setting the target price at $39 in the report published on June 14th of the current year.
APA Trading at -1.09% from the 50-Day Moving Average
After a stumble in the market that brought APA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.55% of loss for the given period.
Volatility was left at 3.38%, however, over the last 30 days, the volatility rate increased by 2.96%, as shares sank -1.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.03% lower at present.
During the last 5 trading sessions, APA rose by +6.56%, which changed the moving average for the period of 200-days by -30.95% in comparison to the 20-day moving average, which settled at $21.90. In addition, APA Corporation saw -37.51% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at APA starting from Ellis Juliet S, who purchase 4,391 shares at the price of $22.78 back on Dec 12 ’24. After this action, Ellis Juliet S now owns 12,436 shares of APA Corporation, valued at $100,027 using the latest closing price.
LANNIE P ANTHONY, the Former Officer of APA Corporation, proposed sale 89,501 shares at $23.97 during a trade that took place back on Oct 28 ’24, which means that LANNIE P ANTHONY is holding shares at $2,145,212 based on the most recent closing price.
Stock Fundamentals for APA
Current profitability levels for the company are sitting at:
- 0.54 for the present operating margin
- 0.44 for the gross margin
The net margin for APA Corporation stands at 0.24. The total capital return value is set at 0.3. Equity return is now at value 71.80, with 13.51 for asset returns.
Based on APA Corporation (APA), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at 0.57. The debt to equity ratio resting at 1.25. The interest coverage ratio of the stock is 13.81.
Currently, EBITDA for the company is 4.75 billion with net debt to EBITDA at 1.5. When we switch over and look at the enterprise to sales, we see a ratio of 1.6. The receivables turnover for the company is 5.56for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.24.
Conclusion
In conclusion, APA Corporation (APA) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
