Apache Corp (NYSE:APA) shares traded 1.9% up during most recent session to reach at the closing price of $34.32. The stock exchanged hands 3.73 Million shares versus average trading capacity of 4.94 Million shares, yielding a market cap of $13.42 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $36.9 within the next 52-weeks. The mean target projections are based on 30 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Apache Corp (NYSE:APA) high price target of $65 and with a conservative view have low price target of $22.
Citigroup “Maintained” Apache Corp (NYSE:APA) in a research note issued to investors on 3/06/19 to Neutral with price target of $35.
Additionally on 2/28/19 Credit Suisse “Maintained” Apache Corp (NYSE:APA) to Neutral setting price target at $37 and on 1/16/19 Barclays “Initiates Coverage On” the stock to Underweight at $29. Furthermore on 12/10/18 Seaport Global “Upgrades” the stock to Buy at $34.
On the other hand the company has Relative Strength Index (RSI 14) of 59.59 along with Average True Range (ATR 14) of 1.07, Consequently Apache Corp (NYSE:APA)’s weekly and monthly volatility is 2.98%, 2.89% respectively. The company’s beta value is at 1.75.
In terms of Buy, Sell or Hold recommendations, Apache Corp (NYSE:APA) has analysts’ mean recommendation of 2.9. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Apache Corp (NYSE:APA)’s minimum EPS for the current quarter is at $-0.37 and can go high up to $0.29. The consensus mean EPS for the current quarter is at $0.05 derived from a total of 22 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.32 earnings per share for the same quarter during last year.
Previously Apache Corp (NYSE:APA) reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.07. The company posted an earnings surprise of 29.2%.
Apache Corp (NYSE:APA)’s revenue estimates for the current quarter are $1.63 Billion according to 10 number of analysts, for the current quarter the company has high revenue estimates of $1.83 Billion in contradiction of low revenue estimates of $1.41 Billion. For the current year the company’s revenue estimates are $6.75 Billion compared to low analyst estimates of $5.92 Billion and high estimates of $7.46 Billion according to 13 number of analysts.
Currently Apache Corp (NYSE:APA)’s shares owned by insiders are 0.2%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded -0.78%, as well as three-month change in the institutional ownership was recorded 1.75%.
Apache Corp (NYSE:APA)’s trailing twelve month revenues are $7.4 Billion, whereas its price to sales ratio for the same period is 1.81. Its book value per share for the most recent quarter is $18.81 while its price to book ratio for the same period is 1.82, as for as the company’s cash per share for the most recent quarter is $1.83, however its price to cash per share ratio for the same period is 18.79. The stock has 5 year expected PEG ratio of 5.81 whereas its trailing twelve month P/E ratio is 43.66.