Apache Corporation (APA) Share are down -16.38% over the last three months: What’s Next?

Apache Corporation (APA) is owned by a number of high-value investors. Its largest direct holder is John J. Christmann Director, Chief Executive Officer and President with 259,476 shares. The second-largest direct holder is P. Anthony Lannie Executive Vice President and General Counsel, with 95,948 shares of the company’s stock. In third place with 78,560 shares of APA is Stephen J. Riney Executive Vice President and Chief Financial Officer.

Now turning to institutional ownership of Apache Corporation (APA), Dodge & Cox is the top holder with 55.49 million shares. The next largest fund holder of this company’s stock is The Vanguard Group, Inc. with 41.98 million shares. In the third-place spot with 23.01 million shares is Davis Selected Advisers LP.

This company’s stock price was $22.16 at the previous market close, with its latest volume reaching 6,212,368. Compare that to its average daily volume of 5.71M. Given the fact that this stock has 396.49M shares outstanding, its current market value is sitting at $8.79B. This publicly-traded stock’s 60-month Beta is 1.91. Its Price to Sales ratio is 1.27, its Price to Cash Flow ratio is 16.00, and its Price to Book ratio is 1.28.

APA stock has achieved a 5-day range of $21.68 to $25.96, with a total performance of -13.77% during that period. Meanwhile, in the past month of trading, this stock has traded in the range of $21.68 to $29.11, generating a +0.54% change during the period. In the past three months, this stock’s price has changed by -18.77%, trading in the range of $19.44 to $29.11.

In the past 5 days, shares of APA have made a new high 1 time. In the last month, it has made a new high 5 times, and in the past 3 months, it has made a new high 3 times.

Now let’s turn to this public company’s earnings. For the quarter ending 6/29/2019, the earnings per share (EPS) was reported at 0.11. This is a 0.05 difference compared to the consensus estimate of 0.06, amounting to an earnings surprise of 83.30%. In the previous quarter, which ended in 6/29/2019, the consensus estimate was 0.12, making for an earnings surprise of -16.70%. For the quarter ending 12/30/2018, EPS was reported at 0.31, generating a 29.20% earnings surprise.

The Net Income for the most recent full fiscal year, which ended in 12-2018, was $286.0 million. This is compared to the prior year, where Net Income was $1.5 billion. Meanwhile, this company’s Operating Cash Flow was $3.78 billion for the year, compared to $2.43 billion in 2017. Capital Expenditures for the year were reportedly -$3.9 billion, compared to -$2.76 billion, and Free Cash flow was $-127.0 million compared to the prior year’s $-332.0 million.

Apache Corporation (APA) stock currently has a Financial Strength score of 3/10. This is due to a combination of factors, including a Cash to Debt ratio of 0.07, an Equity to Asset ratio of 0.3, a Debt to Equity ratio of 1.3 and a Debt to EBITDA of 2.87. The Interest Coverage of this stock is 3.53, its Piotroski F-Score is 4, its Altman Z-Score is 0.65 and its Beneish M-Score is -2.63.

This publicly-traded company’s Profitability and Growth score is 5/10, thanks to a combination of things: an Operating Margin of 20.14, a Net Margin of -10.06, a ROE of -9.84, and a ROC of 2.56.

Shifting focus now to Valuation and Return for APA, this company’s Price to Tangible Book is 1.28, its Price to Median PS Value is 0.49. Price to Peter Lynch Fair Value for APA is now 8.24. Meanwhile, its Forward Rate of Return (Yactman) is 0.5.

Certain ratios provide helpful insights into how a stock is performing. The Quick Ratio for APA is sitting at 1.03, while its Current Ratio is 1.23. This stock’s PB Ratio is 1.27, its PS Ratio is 1.21, its Forward PE Ratio is 16.92,. Similarly, its Price to Operating Cash Flow is 2.41.