APA Corporation (NASDAQ:APA) has a beta value of 1.27 and has seen 0.88 million shares traded in the recent trading session. The company, currently valued at $5.71B, closed the recent trade at $15.69 per share which meant it gained $0.19 on the day or 1.26% during that session. The APA stock price is -112.94% off its 52-week high price of $33.41 and 13.45% above the 52-week low of $13.58. If we look at the company’s 10-day average daily trading volume, we find that it stood at 12.78 million shares traded. The 3-month trading volume is 9.01 million shares.
The consensus among analysts is that APA Corporation (APA) is Buy stock at the moment, with a recommendation rating of 2.76. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 4 out of 14 have rated it as a Hold, with 9 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.81.
APA Corporation (NASDAQ:APA) trade information
Sporting 1.26% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the APA stock price touched $15.69 or saw a rise of 3.56%. Year-to-date, APA Corporation shares have moved -32.03%, while the 5-day performance has seen it change 3.26%. Over the past 30 days, the shares of APA Corporation (NASDAQ:APA) have changed -23.85%. Short interest in the company has seen 33.34 million shares shorted with days to cover at 3.62.
Wall Street analysts have a consensus price target for the stock at $23, which means that the shares’ value could jump 31.78% from the levels at last check today.. The projected low price target is $20.0 while the price target rests at a high of $30.0. In that case, then, we find that the latest price level in today’s session is -91.2% off the targeted high while a plunge would see the stock gain -27.47% from the levels at last check today..
APA Corporation (APA) estimates and forecasts
The company’s shares have lost -37.02% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -12.01%.
9 analysts offering their estimates for the company have set an average revenue estimate of 2.19B for the current quarter. 9 have an estimated revenue figure of 2.07B for the next ending quarter. Year-ago sales stood 1.9B and 2.79B respectively for this quarter and the next, and analysts expect sales will grow by 14.90% for the current quarter and -12.01% for the next.
Earnings growth for 2025 is a modest -26.13% while over the next 5 years, the company’s earnings are expected to decrease by -2.48%.
APA Dividends
APA Corporation is expected to release its next earnings report on 2025-Feb-25 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.00 at a share yield of 6.37%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 2.42%.
APA Corporation (NASDAQ:APA)’s Major holders
Insiders own 0.45% of the company shares, while shares held by institutions stand at 93.59% with a share float percentage of 94.01%. Investors are also buoyed by the number of investors in a company, with APA Corporation having a total of 896.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 49.79 million shares worth more than $1.47 billion. As of 2024-06-30, VANGUARD GROUP INC held 13.4199% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 32.12 million shares as of 2024-06-30. The firm’s total holdings are worth over $945.67 million and represent 8.6582% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD WINDSOR FUNDS-Vanguard Windsor II Fund and HARRIS ASSOCIATES INVESTMENT TRUST-Oakmark Fund . As of Jan 31, 2025 , the former fund manager holds about 5.19% shares in the company for having 18.76 shares of worth $294.05 million while later fund manager owns 13.58 shares of worth $212.87 million as of Dec 31, 2024 , which makes it owner of about 3.76% of company’s outstanding stock.
