The stock of APA Corporation (NASDAQ: APA) has increased by 1.00 when compared to last closing price of 23.32.Despite this, the company has seen a loss of -3.47% in its stock price over the last five trading days. globenewswire.com reported 2025-01-22 that HOUSTON, Jan. 22, 2025 (GLOBE NEWSWIRE) — APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain fourth-quarter 2024 financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for the fourth-quarter 2024. It is provided to assist investors, analysts and others in formulating their own estimates, and is not intended to be a comprehensive presentation of all factors that will affect fourth-quarter 2024 results. Actual results and the impact of factors identified here may vary depending on the impact of other factors not identified here and are subject to finalization of the financial reporting process for fourth-quarter 2024.
Is It Worth Investing in APA Corporation (NASDAQ: APA) Right Now?
The price-to-earnings ratio for APA Corporation (NASDAQ: APA) is 3.33x, which is above its average ratio. Moreover, the 36-month beta value for APA is 3.15. Analysts have varying opinions on the stock, with 7 analysts rating it as a “buy,” 3 as “overweight,” 16 as “hold,” and 3 as “sell.”
The public float for APA is 362.09M and currently, short sellers hold a 6.15% of that float. On January 27, 2025, APA’s average trading volume was 6.78M shares.
APA’s Market Performance
APA’s stock has seen a -3.47% decrease for the week, with a 9.04% rise in the past month and a -3.83% fall in the past quarter. The volatility ratio for the week is 3.44%, and the volatility levels for the past 30 days are at 3.18% for APA Corporation. The simple moving average for the past 20 days is -0.33% for APA’s stock, with a -12.42% 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 previous 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 previous year.
APA Trading at 3.73% 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 -34.66% of loss for the given period.
Volatility was left at 3.18%, however, over the last 30 days, the volatility rate increased by 3.44%, as shares surge +7.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.29% upper at present.
During the last 5 trading sessions, APA fell by -3.42%, which changed the moving average for the period of 200-days by -32.46% in comparison to the 20-day moving average, which settled at $23.63. In addition, APA Corporation saw 2.00% in overturn over a single year, with a tendency to cut further gains.
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 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.56. The debt to equity ratio resting at 1.27. 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 1.64. 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
To wrap up, the performance of APA Corporation (APA) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.
