In the last trading session, 8.21 million shares of the APA Corporation (NASDAQ:APA) were traded, and its beta was 1.22. Most recently the company’s share price was $20.5, and it changed around $1.09 or 5.62% from the last close, which brings the market valuation of the company to $7.40B. APA currently trades at a discount to its 52-week high of $33.41, offering almost -62.98% off that amount. The share price’s 52-week low was $13.58, which indicates that the current value has risen by an impressive 33.76% since then. We note from APA Corporation’s average daily trading volume that its 10-day average is 6.9 million shares, with the 3-month average coming to 8.57 million.
APA Corporation stock received a consensus recommendation rating of Hold, based on a mean score of 2.94. If we narrow it down even further, the data shows that 3 out of 29 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 17 recommended APA as a Hold, whereas 4 deemed it a Buy, and 2 rated it as Underweight.
APA Corporation (NASDAQ:APA) trade information
Instantly APA has showed a green trend with a performance of 5.62% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 20.74 on recent trading dayincreased the stock’s daily price by 1.16%. The company’s shares are currently down -30.34% year-to-date, but still up 12.08% over the last five days. On the other hand, APA Corporation (NASDAQ:APA) is 14.85% up in the 30-day period. We can see from the shorts that 38.64 million shares have been sold at a short interest cover period of 5.27 day(s).
The consensus price target as assigned by Wall Street analysts is $23, which translates to bulls needing to increase their stock price by 10.87% from its current value. Analyst projections state that APA is forecast to be at a low of $20 and a high of $30.
APA Corporation earnings are expected to increase by -23.74% in 2025, but the outlook is negative -5.29% per year for the next five years.
APA Dividends
APA Corporation’s next quarterly earnings report is expected to be released on 2025-May-07. The annual dividend yield of the stock is 4.88 percent and its annual dividend per share was 1.00. It is important to note, however, that the 4.88% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 2.4 per year.
APA Corporation (NASDAQ:APA)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.46% of APA Corporation shares, and 93.93% of them are in the hands of institutional investors. The stock currently has a share float of 94.36%. APA Corporation stock is held by 837.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 13.4199% of the shares, which is about 49.79 million shares worth $1.47 billion.
BLACKROCK INC., with 8.6582% or 32.12 million shares worth $945.67 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
