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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 53.56 (3.75% today). The market cap for Apache Corp. is 19821.27, 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 39.68. Average volume for Apache Corp. is 3262.32 and so far today it is 2290082.

Performance in the last year for Apache Corp. has been 9.78%. For EPS growth, Apache Corp. has seen a growth of -495.10%, and is looking to grow in the next year to 316.70%. 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 -67.30%, with EPS growth quarter over quarter at 95.80%. The 20-day simple moving average is 0.16%, with the 200-day simple moving average coming to 10.85%.

Since the IPO date for Apache Corp. on the 5/15/1979, Apache Corp. has seen performance year to date to be 18.02%. With Apache Corp. trading at 53.56, the dividend yield is 1.94%, and the EPS is -35.91.

So could Apache Corp., be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 3.79 and the P/B is at 2.74. The P/cash is 16.5, with P/free cash flow at 69.31.

Apache Corp. ability to deal with debt shows that the current ratio is 2.1, and the quick ratio is 1.8. This is with long term debt/equity at 1.22, and total debt/equity at 0.

In terms of margins, Apache Corp. has a gross margin of 68.50%, an operating margin of *TBA and a profit margin of *TBA.Payout ratio for Apache Corp. is *TBA. Return on assets come to -58.60% with return on investment coming to -137.00%.

Insider ownership for Apache Corp., is at 0.10% and institutional ownership comes to 91.70%. Outstanding shares are at 383.91. While shares float is 378.28. The float short is currently 4.29%, and short ratio is 4.97.

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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Stephen Butters

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