Stock Updates

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 51.26 (3.26% today). The market cap for Apache Corp. is 18763.92, and is in the sector Basic Materials, and Independent Oil & Gas industry. The target price for Apache Corp. is 57.48. Currently Apache Corp. is trading with a P/E of *TBA, and a forward P/E of 32.21. Average volume for Apache Corp. is 3439.91 and so far today it is 1418314.

Performance in the last year for Apache Corp. has been 8.88%. For EPS growth, Apache Corp. has seen a growth of -495.10%, and is looking to grow in the next year to 475.60%. 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 -79.30%, with EPS growth quarter over quarter at 96.40%. The 20-day simple moving average is -5.95%, with the 200-day simple moving average coming to 6.52%.

Since the IPO date for Apache Corp. on the 5/15/1979, Apache Corp. has seen performance year to date to be 13.47%. With Apache Corp. trading at 51.26, the dividend yield is 2.01%, 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 3.24 and the P/B is at 9.3. The P/cash is 18.69, 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 4.39%, and short ratio is 4.82.

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.

About the author

Tony Dabbs

Leave a Comment