Currently, there are 365.40M common shares owned by the public and among those 356.29M shares have been available to trade.
The company’s stock has a 5-day price change of 0.69% and -14.32% over the past three months. APA shares are trading -17.63% year to date (YTD), with the 12-month market performance down to -37.90% lower. It has a 12-month low price of $17.66 and touched a high of $36.04 over the same period. APA has an average intraday trading volume of 7.74 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -11.30%, -15.39%, and -25.30% respectively.
Institutional ownership of APA Corporation (NASDAQ: APA) shares accounts for 89.76% of the company’s 365.40M shares outstanding.
It has a market capitalization of $6.92B and a beta (3y monthly) value of 2.83. The stock’s trailing 12-month PE ratio is 8.46, while the earnings-per-share (ttm) stands at $2.25. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.22% over the week and 4.66% over the month.
Earnings per share for the fiscal year are expected to decrease by -3.89%, and -5.73% over the next financial year.
Looking at the support for the APA, a number of firms have released research notes about the stock. Raymond James stated their Outperform rating for the stock in a research note on Mar-11-25, with the firm’s price target at $45-$32. Wells Fargo coverage for the APA Corporation (APA) stock in a research note released on December 17, 2024 offered a Equal Weight rating with a price target of $25. Wolfe Research was of a view on July 18, 2024 that the stock is Outperform, while Evercore ISI gave the stock In-line rating on June 14, 2024, issuing a price target of $52- $39. Wells Fargo on their part issued Overweight rating on April 24, 2024.
