APA Corporation (NASDAQ: APA) kicked off on Friday, up 1.47% from the previous trading day, before settling in for the closing price of $22.44. Over the past 52 weeks, APA has traded in a range of $21.15-$37.82.
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Annual sales at Energy sector company grew by 10.03% over the past five years. While this was happening, its average annual earnings per share was recorded -12.18%. With a float of $362.15 million, this company’s outstanding shares have now reached $369.95 million.
Let’s look at the performance matrix of the company that is accounted for 2271 employees. In terms of profitability, gross margin is 43.72%, operating margin of 53.94%, and the pretax margin is 17.13%.
APA Corporation (APA) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of APA Corporation is 2.11%, while institutional ownership is 83.66%. The most recent insider transaction that took place on Oct 28 ’24, was worth 2,145,212. Before that another transaction happened on Aug 15 ’24, when Company’s Director proposed sale 75,998 for $29.63, making the entire transaction worth $2,251,820.
APA Corporation (APA) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.15 earnings per share (EPS), lower than consensus estimate (set at 1.33) by -0.18. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.89 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -12.18% per share during the next fiscal year.
APA Corporation (NASDAQ: APA) Trading Performance Indicators
Take a look at APA Corporation’s (APA) current performance indicators. Last quarter, stock had a quick ratio of 1.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.93. Likewise, its price to free cash flow for the trailing twelve months is 10.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.06, a number that is poised to hit 0.96 in the next quarter and is forecasted to reach 3.54 in one year’s time.
Technical Analysis of APA Corporation (APA)
APA Corporation (NASDAQ: APA) saw its 5-day average volume 7.16 million, a positive change from its year-to-date volume of 6.29 million. As of the previous 9 days, the stock’s Stochastic %D was 60.88%. Additionally, its Average True Range was 0.82.
During the past 100 days, APA Corporation’s (APA) raw stochastic average was set at 13.21%, which indicates a significant decrease from 42.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.71% in the past 14 days, which was higher than the 43.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.34, while its 200-day Moving Average is $28.80. Nevertheless, the first resistance level for the watch stands at $23.09 in the near term. At $23.40, the stock is likely to face the second major resistance level. The third major resistance level sits at $23.81. If the price goes on to break the first support level at $22.36, it is likely to go to the next support level at $21.95. The third support level lies at $21.64 if the price breaches the second support level.
APA Corporation (NASDAQ: APA) Key Stats
The company with the Market Capitalisation of 8.55 billion has total of 369,947K Shares Outstanding. Its annual sales at the moment are 8,192 M in contrast with the sum of 2,855 M annual income. Company’s last quarter sales were recorded 2,540 M and last quarter income was -223,000 K.
