Wall Street analysts will be watching closely when Apache Corporation (NYSE:APA) reports its quarterly earnings next, which is scheduled for Wed 1 May (In 48 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.05 per share. In the preceding quarter, the company reportedly generated EPS of $0.31 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 13.00%, a profit margin of 0.50%80.50%.
Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Apache Corporation (NYSE:APA). Most recently, on January 16th, 2019, Barclays Initiated a Underweight rating. Before that, on December 10th, 2018, Seaport Global Securities Upgrade to Neutral. Cowen Initiated a Market Perform rating on November 30th, 2018, Citigroup Resumed an Neutral rating on November 20th, 2018, and Macquarie Upgrade a Neutral rating on November 2nd, 2018.
At its current price point, combined with the fact that this company has 390.91M shares outstanding, the current market capitalization sits at 13.40B. In the last trading day, 3,142,481 shares of Apache Corporation were traded, which compares to its usual volume of about 4.94M shares per day of trading.
If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $1.00 in the past five trading days, resulting in a percentage change of +3.01% and a moving average of 33.39. In the past 20 days, its price changed by $1.99 (which is +6.16%) and the stock’s moving average was 33.38. Looking back a full 50 days, shares of APA changed by $8.02 (which is +30.55%) and demonstrated a moving average of 32.05.
Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 88.25%, a 14-day Stochastic %K score of 88.25% and a 20-day Stochastic %K score of 89.62%. Using a similar metric, Apache Corporation (APA) shares showed a Stochastic %D of 68.88% over the past 9 days, a Stochastic %D score of 68.88% over the last 14 days, and a 20-day Stochastic %D of 79.62%. Meanwhile, this stock’s MACD Oscillator was 0.72 over the past 9 days, 0.69 over the past two weeks, and 0.71 in the last 20 days.
As recent trading data suggests, this company’s shares have been hovering close to the $34.27 level. Over the past 12 months, this stock has experienced a high price of $50.03 and a low of $24.56. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.
Dodge Cox purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Apache Corporation (NYSE:APA) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 52,383,637 shares of the company’s stock following the addition of 12,781,961 to this investor’s holdings during the three-month period. This share count represents that Dodge Cox now held 13.80% stake in Apache Corporation (APA)’s shares.
Just in the most recent trading day, Apache Corporation (NYSE:APA) experienced a high price of $34.6 and low point of $34.13. At the end of the last trading session, this stock was at 34.27 per share, following a loss of -0.15% during the full day.