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Is this Large Market Cap Stock target price reasonable for Apache Corp. (NYSE:APA)?

The company in question is, Apache Corp. (NYSE:APA) currently with a stock price of 51.46 (-2.45% today). The market cap for Apache Corp. is 19939.5, and is in the sector Basic Materials, and Independent Oil & Gas industry. The target price for Apache Corp. is 57.32. Currently Apache Corp. is trading with a P/E of *TBA, and a forward P/E of 34.73. Average volume for Apache Corp. is 3587.29 and so far today it is 1265096.

Performance in the last year for Apache Corp. has been 21.14%. For EPS growth, Apache Corp. has seen a growth of -495.10%, and is looking to grow in the next year to 431.90%. More long term stats show that EPS growth has been -55.20% over the last five years and could be -14.60% for the next five years. Apache Corp. has seen sales growth quarter over quarter at -35.50%, with EPS growth quarter over quarter at 89.20%. The 20-day simple moving average is -7.11%, with the 200-day simple moving average coming to 7.49%.

Since the IPO date for Apache Corp. on the 5/15/1979, Apache Corp. has seen performance year to date to be 20.58%. With Apache Corp. trading at 51.46, the dividend yield is 1.90%, and the EPS is -48.46.

So could Apache Corp., be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 3.44 and the P/B is at 9.88. The P/cash is 19.86, with P/free cash flow at *TBA.

Apache Corp. ability to deal with debt shows that the current ratio is 2, and the quick ratio is 1.7. This is with long term debt/equity at 4.32, and total debt/equity at 4.32.

In terms of margins, Apache Corp. has a gross margin of 69.70%, an operating margin of *TBA and a profit margin of *TBA.Payout ratio for Apache Corp. is *TBA. Return on assets come to -76.10% with return on investment coming to -201.70%.

Insider ownership for Apache Corp., is at 0.10% and institutional ownership comes to 91.70%. Outstanding shares are at 378. While shares float is 377.39. The float short is currently 4.19%, and short ratio is 4.41.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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