At the time of writing, APA Corporation [APA] stock is trading at $21.87, up 1.25%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The APA shares have gain 3.90% over the last week, with a monthly amount drifted -3.95%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
APA Corporation [NASDAQ: APA] stock has seen the most recent analyst activity on December 17, 2024, when Wells Fargo downgraded its rating to a Equal Weight and also revised its price target to $25 from $42. On June 14, 2024, downgrade downgraded it’s rating to In-line and revised its price target to $39 on the stock. Barclays initiated its recommendation with a Equal Weight and recommended $40 as its price target on April 10, 2024. Johnson Rice downgraded its rating to Hold for this stock on January 05, 2024. In a note dated November 22, 2023, Citigroup downgraded an Neutral rating on this stock and revised its target price from $52 to $37.
For the past year, the stock price of APA Corporation fluctuated between $20.32 and $37.82. Currently, Wall Street analysts expect the stock to reach $28.08 within the next 12 months. APA Corporation [NASDAQ: APA] shares were valued at $21.87 at the most recent close of the market. An investor can expect a potential return of 28.4% based on the average APA price forecast.
Analyzing the APA fundamentals
According to APA Corporation [NASDAQ:APA], the company’s sales were 9.19B for trailing twelve months, which represents an 9.66% jump. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.54%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.24%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.56 and Total Capital is 0.3. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.25.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 21.47 points at the first support level, and at 21.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.11, and for the 2nd resistance point, it is at 22.34.
Ratios To Look Out For
It is important to note that APA Corporation [NASDAQ:APA] has a current ratio of 1.24. Also, the Quick Ratio is 1.07, while the Cash Ratio stands at 0.02. Considering the valuation of this stock, the price to sales ratio is 0.89, the price to book ratio is 1.58 and price to earnings (TTM) ratio is 3.10.
Transactions by insiders
Recent insider trading involved Ellis Juliet S, Director, that happened on Dec 12 ’24 when 4391.0 shares were purchased. Former Officer, LANNIE P ANTHONY completed a deal on Oct 28 ’24 to buy 89501.0 shares. Meanwhile, Director Rabun Daniel Wayne bought 75998.0 shares on Aug 15 ’24.
