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Here's Why APA (APA) is a Strong Value Stock

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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why Investors Should Pay Attention to This Value Stock

Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.

APA (APA)

Founded in 1954, Houston, TX-based APA Corporation is one of the world's leading independent energy companies engaged in the exploration, development and production of natural gas, crude oil and natural gas liquids. Geographically, the company’s operations are in the United States, Egypt and in the North Sea of the United Kingdom. APA also holds acreage in offshore Suriname (South America) and other international locations.

APA is a Zacks Rank #2 (Buy) stock, with a Value Style Score of A and VGM Score of A. Shares are currently trading at a forward P/E of 4.5X for the current fiscal year compared to the Oil and Gas - Exploration and Production - United States industry's P/E of 6X. Additionally, APA has a PEG Ratio of 0.2 and a Price/Cash Flow ratio of 6.1X. Value investors should also note APA's Price/Sales ratio of 1.9X.

A company's earnings performance is important for value investors as well. For fiscal 2022, eight analysts revised their earnings estimate higher in the last 60 days for APA, while the Zacks Consensus Estimate has increased $3.85 to $10.68 per share. APA also holds an average earnings surprise of 5.7%.

Investors should take the time to consider APA for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.


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