How to Buy Apa Stock
Apa Corp
APA Corporation, through its subsidiaries, explores for, develops, and produces oil and gas properties.
Apa stock last closed at $32.36, up 0.97% from the previous day, and has decreased 10.8% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.33 percentage points. Apa stock is currently +9.81% from its 52-week low of $29.47, and -29.87% from its 52-week high of $46.15.
As of Apr 25, 2024, there are 301.82M shares of APA outstanding. The market cap of APA is $9.77B. In the last 24 hours, 7.05M APA shares were traded.
How to Buy Apa Stock
Wondering how to invest in Apa stock? Here's how.
- Figure out where to buy Apa stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Apa stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Pick your method of payment and add your info.
- Research Apa stock: The Apa ticker symbol is APA. Is Apa stock a good investment? Should you buy shares of APA? How do APA's underlying business fundamentals look? Do top analysts think Apa is a good buy? Why has APA's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if APA is a good stock to buy).
- Place your APA buy order: Decide if you will purchase APA shares at the current market price or use a limit order to buy APA shares at a given price.
- Keep an eye on your APA investment: Create a watchlist to important notifications about your investment in Apa shares.
Step 1: Figure out where to buy Apa stock
You need a brokerage account in order to access the NASDAQ market and buy APA stock.
Our preferred brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. eToro gives you:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global markets: From Technology to Energy, New York to Hong Kong — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal info so you are able to buy APA today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open a new brokerage account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've finished signing up on apps for stocks, you can securely and quickly fund your account:
Check out the tutorial below if you need help transferring money into your brokerage account.
Step 4: Research Apa stock
Once you have selected the best place to buy Apa stock, it's crucial to analyze their stock before you invest, so you actually wrap your head around the risk and upside.
Apa stock data
Fundamentals of APA
WallStreetZen was designed to help average investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on APA's stock page.
How is APA stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge APA's true value.
Using relative valuations methods:
- APA may be undervalued based on its P/E ratio of 3.49x, relative to Oil & Gas E&P industry P/E ratio of 15.49x
- APA could be overvalued based on its P/B ratio of 3.68x, relative to Oil & Gas E&P industry P/B ratio of 2.17x
- APA may be undervalued based on its PEG ratio of 0.23x
You can access additional valuation analysis on APA's stock here.
APA Financial Health Summary
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the APA balance sheet.
- APA's operating cash flow of $3.13B allows it to safely service it's debt of $5.19B.
- APA earnings of $2.84B is not enough to cover its interest payments.
- APA profit margin has gone up from 30.3% to 34.9% in the past year.
Negative Health Checks:
- There are more long-term liabilities than short-term assets on the APA balance sheet.
- Total APA debt is higher than 5 years ago, relative to shareholder equity.
- APA has a relatively high debt to equity ratio of 4.35.
Is it a good time to buy Apa stock, according to Wall Street analysts?
Out of 18 Wall Street analysts who research APA, the consensus analyst rating on Apa is a Hold
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Latest APA Analyst Upgrades/Downgrades
Betty Jiang, a bottom 10% analyst from Barclays initiates coverage on APA with a hold rating and announces their APA price target of $40.00, on Apr 10, 2024.
Scott Hanold, a top 2% analyst from RBC Capital maintains APA with a hold rating and maintains their APA price target from $45.00 to $45.00, on Apr 8, 2024.
Neal Dingmann, a top 1% analyst from Truist Securities maintains APA with a strong buy rating and lowers their APA price target from $59.00 to $53.00, on Apr 5, 2024.
Leo Mariani, a top 1% analyst from Roth MKM maintains APA with a strong buy rating and raises their APA price target from $37.00 to $39.00, on Apr 2, 2024.
Neil Mehta, a top 5% analyst from Goldman Sachs maintains APA with a strong sell rating and lowers their APA price target from $35.00 to $31.00, on Mar 26, 2024.
You can dig deeper into what analysts are forecasting on the Apa stock forecast page.
APA Momentum
APA Performance Metrics
Last year, APA earnings were $2.86B. In the last five year, APA's earnings have gone up by 142.69% per year. This was faster than the Oil & Gas E&P industry average of 12.91%.
Last year, APA revenue was $8.19B. In the past 5 year, APA's revenue has gone up by 1.08% per year. This was slower than the Oil & Gas E&P industry average of 19.16%.
Learn more about APA's earnings and revenue performance here.
Are APA executives and large shareholders buying or selling the stock?
In the past year, insiders at APA have sold more shares than they have bought.
Tracey K. Henderson, Executive VP Exploration of APA, was the latest APA insider to sell. They sold $50,327.20 worth of APA shares on Feb 1, 2024.
Learn more about who owns APA stock here.
Does APA provide a stable income stream?
No, Apa doesn't provide an income stream by paying out dividends.
What others are saying about APA
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your APA buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific price limit, place a limit order.
Hit the Open button and eToro will execute the order.
If you require more assistance investing in stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your APA investment
Now that you own some shares in APA, you'll want to stay up-to-date on your new investment.
Start a watchlist to get notified of important updates regarding your APA stock.
APA Feed
How to Buy Stock in Apa
To summarize, here are the 6 steps for buying Apa stock:
- Figure out where to buy Apa stock
- Open a brokerage account
- Fund your brokerage account
- Research Apa stock
- Place your APA buy order
- Keep an eye on your APA investment
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Apa, create your watchlist below.
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