APA Corporation (NASDAQ: APA) is -31.88% lower on its value in year-to-date trading and has touched a low of $22.72 and a high of $43.58 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 $23.94 in the last trading session, with the day’s gains setting it 0.5%.
Currently trading at $24.44, the stock is -9.32% and -14.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.05 million and changing 2.09% at the moment leaves the stock -21.48% off its SMA200. APA registered -43.14% loss for a year compared to 6-month loss of -23.62%.
The stock witnessed a -17.10% gain in the last 1 month and extending the period to 3 months gives it a -12.15%, and is -1.93% 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 4.21% over the week and 3.18% over the month.
APA Corporation (APA) has around 2271 employees, a market worth around $9.04B and $8.97B in sales. Current P/E ratio is 2.67 and Fwd P/E is 5.76. Profit margin for the company is 32.39%. Distance from 52-week low is 7.59% and -43.92% from its 52-week high. The company has generated returns on investments over the last 12 months (23.88%).
with sales reaching $2.3B over the same period.The EPS is expected to shrink by -8.53% this year, but quarterly earnings will post 23.90% year-over-year. Quarterly sales are estimated to grow 14.50% in year-over-year returns.
APA Corporation (APA) Top Institutional Holders
937.0 institutions hold shares in APA Corporation (APA), with institutional investors hold 86.15% of the company’s shares. The shares outstanding are 369.90M, and float is at 361.20M with Short Float at 3.72%. Institutions hold 85.80% 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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