APA Corporation [NASDAQ: APA] gained 5.62% or 1.09 points to close at $20.5 with a heavy trading volume of 8213025 shares.
It opened the trading session at $19.445, the shares rose to $20.735 and dropped to $19.37, the range by which the price of stock traded the whole day. The daily chart for APA points out that the company has recorded -12.32% loss over the past six months.
If we look at the average trading volume of 8.57M shares, APA reached to a volume of 8213025 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about APA Corporation [APA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for APA shares is $22.81 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on APA stock is a recommendation set at 2.94. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Raymond James have made an estimate for APA Corporation shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 10, 2025. While these analysts kept the previous recommendation, Wells Fargo dropped their target price from $42 to $25. The new note on the price target was released on December 17, 2024, representing the official price target for APA Corporation stock. Previously, the target price had yet another raise to $42, while Wolfe Research analysts kept a Outperform rating on APA stock. On June 14, 2024, analysts decreased their price target for APA shares from 52 to 39.
The Price to Book ratio for the last quarter was 1.36, with the Price to Cash per share for the same quarter was set at 0.19. Price to Free Cash Flow for APA in the course of the last twelve months was 6.28 with Quick ratio for the last quarter at 0.74.
Trading performance analysis for APA stock
APA Corporation [APA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.08. With this latest performance, APA shares gained by 14.85% in over the last four-week period, additionally sinking by -12.32% over the last 6 months – not to mention a drop of -11.22% in the past year of trading.
APA Corporation [APA]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and APA Corporation [APA] shares currently have an operating margin of 32.32% and a Gross Margin at 38.69%. APA Corporation’s Net Margin is presently recorded at 9.78%.
Return on Equity for this stock inclined to 6.09%, with Return on Assets sitting at 6.09%.
APA Corporation [APA]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for APA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for APA Corporation go to -5.29%.
An analysis of Institutional ownership at APA Corporation [APA]
There are presently around $93.93%, or 94.36% of APA stock, in the hands of institutional investors. The top three institutional holders of APA stocks are: VANGUARD GROUP INC with ownership of 49.79 million shares, which is approximately 13.4199%. BLACKROCK INC., holding 32.12 million shares of the stock with an approximate value of $$945.67 million in APA stocks shares; and BLACKROCK INC., currently with $$796.66 million in APA stock with ownership which is approximately 7.294%.
