APA Corporation (NASDAQ:APA) price on current trading day, fall -12.42% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $14.64.
A look at the stock’s price movement, the level at last check in today’s session was $16.71, moving within a range at $14.32 and $15.828. The beta value (5-Year monthly) was 2.745 while the PE ratio in trailing twelve months stood at 6.51. Turning to its 52-week performance, $35.25 and $13.58 were the 52-week high and 52-week low respectively. Overall, APA moved -25.52% over the past month.
APA Corporation’s market cap currently stands at around $5.33 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-25. The company has a Forward Dividend ratio of 1.00, with its dividend yield at 6.83%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 2.17B for the company’s revenue for the quarter, with a low and high estimate of 2B and 2.35B respectively. The average forecast suggests up to a 13.86% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 8.58B, representing a -11.85% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that APA is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
14 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 4 analyst(s) rate the stock as a Hold, 9 recommend APA as a Buy and 1 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
APA’s current price about -23.66% and -28.57% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 31.49, while 7-day volatility ratio is 15.13% and 5.81% in the 30-day chart. Further, APA Corporation (APA) has a beta value of 1.20, and an average true range (ATR) of 1.38. Analysts have given the company’s stock an average 52-week price target of $23, forecast between a low of $22 and high of $30. Looking at the price targets, the low is -50.27% off recent price level in today’s trading while to achieve the yearly target high, it has to move -104.92%. Nonetheless, investors will most likely welcome a -57.1% jump to $23 which is the analysts’ median price.
If we refocus on APA Corporation (NASDAQ:APA), historical trading data shows that trading volumes averaged 10.9 over the past 10 days and 8.53 million over the past 3 months. The company’s latest data on shares outstanding shows there are 365.40 million shares.
The 2.16% of APA Corporation’s shares are in the hands of company insiders while institutional holders own 90.13% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 34.97 million on 2025-03-14, giving us a short ratio of 3.41. The data shows that as of 2025-03-14 short interest in APA Corporation (APA) stood at 1101.0 of shares outstanding, with shares short rising to 31.29 million registered in 2025-02-14. Current price change has pushed the stock -36.62% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the APA stock continues to rise going into the next quarter.
