APA Corporation (NASDAQ: APA) is -30.55% lower on its value in year-to-date trading and has touched a low of $25.09 and a high of $44.98 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The APA stock was last observed hovering at around $25.24 in the last trading session, with the day’s loss setting it -0.32%.
Currently trading at $24.92, the stock is -11.61% and -14.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.15 million and changing -1.27% at the moment leaves the stock -20.75% off its SMA200. APA registered -43.84% loss for a year compared to 6-month loss of -19.12%.
The stock witnessed a -12.41% gain in the last 1 month and extending the period to 3 months gives it a -13.62%, and is -12.53% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.79% over the week and 2.73% over the month.
APA Corporation (APA) has around 2271 employees, a market worth around $9.22B and $8.97B in sales. Current P/E ratio is 2.72 and Fwd P/E is 5.47. Profit margin for the company is 32.39%. Distance from 52-week low is -0.70% and -44.60% from its 52-week high. The company has generated returns on investments over the last 12 months (23.88%).
The EPS is expected to shrink by -3.85% this year.
APA Corporation (APA) Top Institutional Holders
938.0 institutions hold shares in APA Corporation (APA), with institutional investors hold 86.07% of the company’s shares. The shares outstanding are 369.90M, and float is at 361.23M with Short Float at 4.22%. Institutions hold 85.72% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 49.79 million shares valued at $1.47 billion. The investor’s holdings represent 16.486% of the APA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 32.12 million shares valued at $945.67 million to account for 10.6364 of the shares outstanding. The other top investors are HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC which holds 27.06 million shares representing 8.9605% and valued at over $796.66 million, while STATE STREET CORP holds 8.6155 of the shares totaling 26.02 million with a market value of $766.0 million.
APA Corporation (APA) Insider Activity
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