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

The company in question is, Apache Corporation (NYSE:APA) currently with a stock price of 49.02 (-0.35% today). The market cap for Apache Corporation is 18645.74, and is in the sector Basic Materials, and Independent Oil & Gas industry. The target price for Apache Corporation is 61.09. Currently Apache Corporation is trading with a P/E of *TBA, and a forward P/E of 23.68. Average volume for Apache Corporation is 3980.6 and so far today it is 3376800.

Performance in the last year for Apache Corporation has been -8.77%. For EPS growth, Apache Corporation has seen a growth of 87.40%, and is looking to grow in the next year to 68.29%. More long term stats show that EPS growth has been -18.30% over the last five years and could be -10.60% for the next five years. Apache Corporation has seen sales growth quarter over quarter at 3.30%, with EPS growth quarter over quarter at 96.10%. The 20-day simple moving average is -4.82%, with the 200-day simple moving average coming to -14.10%.

Since the IPO date for Apache Corporation on the 5/15/1979, Apache Corporation has seen performance year to date to be -22.07%. With Apache Corporation trading at 49.02, the dividend yield is 2.04%, and the EPS is -3.62.

So could Apache Corporation, be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 3.5 and the P/B is at 2.98. The P/cash is 13.54, with P/free cash flow at 65.89.

Apache Corporation ability to deal with debt shows that the current ratio is 1.8, and the quick ratio is 1.5. This is with long term debt/equity at 1.37, and total debt/equity at 1.37.

In terms of margins, Apache Corporation has a gross margin of 72.00%, an operating margin of -31.50% and a profit margin of -26.30%.Payout ratio for Apache Corporation is *TBA. Return on assets come to -6.40% with return on investment coming to -8.40%.

Insider ownership for Apache Corporation, is at 0.10% and institutional ownership comes to 96.70%. Outstanding shares are at 380.37. While shares float is 379.85. The float short is currently 6.12%, and short ratio is 5.84.

Graphs: Apache Corporation NYSE: APA | Friday April 21, 2017

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Apache Corporation NYSE: APA

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Apache Corporation NYSE: APA

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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