In the latest trading session,, 1.08 million APA Corporation (NASDAQ:APA) shares changed hands as the company’s beta touched 1.25. With the company’s most recent per share price at $18.87 changing hands around $0.37 or 2.01% at last look, the market valuation stands at $6.81B. APA’s current price is a discount, trading about -77.05% off its 52-week high of $33.41. The share price had its 52-week low at $13.58, which suggests the last value was 28.03% up since then.
Analysts gave the APA Corporation (APA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.79. If we narrow down to specifics, the data shows that 0 out of 14 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 4 recommended APA as a Hold, 9 felt it is a Buy and 0 rated the stock as Underweight. APA Corporation’s EPS for the current quarter is expected to be 0.56.
APA Corporation (NASDAQ:APA) trade information
Instantly APA is in green as seen in intraday trades today. With action 8.89%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -18.27%, with the 5-day performance at 8.89% in the green. However, in the 30-day time frame, APA Corporation (NASDAQ:APA) is 16.63% up.
The consensus price target for the stock as assigned by Wall Street analysts is 23, meaning bulls need an upside of 17.96% from its recent market value. According to analyst projections, APA’s forecast low is 20 with 30 as the target high. To hit the forecast high, the stock’s price needs a -58.98% plunge from its current level, while the stock would need to soar -5.99% for it to hit the projected low.
APA Corporation (APA) estimates and forecasts
Year-over-year growth is forecast to reach -10.42% down from the last financial year.
Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 2.06B. 9 analysts are of the opinion that APA Corporation’s revenue for the current quarter will be 2.08B. The company’s revenue for the corresponding quarters a year ago was 2.79B and 2.53B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -26.38%. The estimates for the next quarter sales put growth at -17.81%.
The 2025 estimates are for APA Corporation earnings to decrease by -22.08%, but the outlook for the next 5-year period is at -2.58% per year.
APA Dividends
APA Corporation is expected to release its next quarterly earnings report in July. The 5.30% annual yield figure for the share gives it an annual dividend of 1.00. It is important to note, however, that the 5.30% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 8.6582% or 32.12 million shares worth $945.67 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were VANGUARD WINDSOR FUNDS-Vanguard Windsor II Fund and HARRIS ASSOCIATES INVESTMENT TRUST-Oakmark Fund . With 18.76 shares estimated at $355.41 million under it, the former controlled 5.19% of total outstanding shares. On the other hand, HARRIS ASSOCIATES INVESTMENT TRUST-Oakmark Fund held about 3.98% of the shares, roughly 14.38 shares worth around $272.44 million.
