[ad_1]
The surge in insider selling at Anadarko Petroleum Corporation (NYSE:APC) is picking up steam with the current sell/buy ratio now at 11.61. APC recorded 7 sales on the open market in the last three months. They sold nearly 17,839 shares while purchases amounted to 1,537 shares that period. Looking even further back to 12 months, corporate insiders offloaded 35,080 shares when buyers snapped up 46,968 shares. The 12-month’s totals signify about a 0.75-to-1 sell/buy ratio.
Chase Anthony R gathered a total of 1.91 thousand shares of Anadarko Petroleum Corporation (APC) at average share price of $52.48. This insider trade in the company took place on 05/18/2017. The total for the purchase was set at $99.97 thousand. After this transaction, the Director account balance stood at 23.64 thousand shares. The stock grew 10.92 percent since that insider purchase. On 05/17/2017, Fluor Peter J, Director, purchased 20 thousand shares at a price per share of $51.83. This added 1.04 million shares to the insider’s fortune and the stock saw a 12.31 percent rally in value since the news became public. This transaction left 146.75 thousand shares in the Director account.
On 05/17/2017, Chairman, President & CEO Walker R A performed a purchase transaction worth $1 million. This purchase at $51.82 each has added 19.3 thousand shares into the insider’s portfolio position. Meanwhile, shares have recorded 12.33 percent increase since the transaction was reported. The insider now is left with 284.72 thousand shares remaining in the account. Gordon John R, who performs the Director job, sold 7.5 thousand shares for $459.75 thousand. The disposal occurred on 11/11/2016 was priced at $61.3 per share. The share price plunged -5.04 percent since the reporting date. Gordon John R now left with a stake of 171.08 thousand APC stock worth $9.96 million after the insider selling.
The 12-month median price target for Anadarko Petroleum Corporation (APC) badigned by the badysts stands at $85, which represents a return potential of 46.02 percent when compared to the closing price of the stock of $58.21 on Friday, November 09. The lowest price target for the stock is $62 — slightly more than 6.51 percent from APC’s current share price. The stock will probably climb 49.13 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $100-month high price target. This represents a whopping 71.79 percent increase from where shares are trading today.
On momentum oscillators front, ‘RSI’ has touched 44.85 on daily chart, which may remain a cause for concern. If the price breaks below $55.21 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $59.19 mark may result into a pull-back move towards $60.17 level. The stock is currently hovering around the first support level of $56.71. Below this, the next support is placed in the zone of $55.21. Till the time, the APC stock trades above this level, bulls have nothing to fear.
Shares of Anadarko Petroleum Corporation (APC) are trading at a P/E ratio of 91.01 times earnings reported for the past 12 months. The industry APC operates in has an average P/E of 17.74. Its P/E ratio went as low as 50.39X and as high as 50.39 over the 5-year span. Further, it is sporting a 2.36 on the Price-to-Sales ratio. Compare this with the industry average P/S of 80.87. 84.8 percent is the gross profit margin for Anadarko Petroleum Corporation and operating margin sits at 20.9 percent. Along with this, the net profit margin is 11.5 percent.
On 9th of November, Anadarko Petroleum Corporation (NYSE:APC) shares ended higher after a volatile session. The shares accumulated 0.42 points or 0.73 percent at $58.21 with a heavy trade volume of 5.924 million shares. After opening the session at $56.51, the shares went as high as $58.67 and as low as $56.1901, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $30.3 billion and now has 519.92 million shares outstanding. Anadarko Petroleum Corporation (APC) stock has lost -12.18 percent of market value in 21 trading days.
In last reported earnings results, APC earned $0.82 per share, worse than the $0.84, adjusted, expected by Thomson Reuters consensus estimate. Revenue was $3.7B, better than the $3.48B badysts expected. Earnings are estimated to increase by 49.5 percent this year, 50.76 percent next year and continue to increase by 12 percent annually for the next 5 years. Investors will get their next glimpse of APC’s Q4 earnings on February 11. Analysts are forecasting revenue to climb 26.9 percent to $3.72B in the next fiscal quarter, while earnings are seen soaring by nearly 416.67 percent to $0.93 per share. History has shown that shares in Anadarko Petroleum Corporation have gone up on 22 different earnings reaction days and are predicted to add 0.02 percent when the company reports upcoming earnings.
APC stock has a trailing 3-year beta of 1.53, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was $0.64 a share in the trailing twelve months. The stock’s value has surged 8.52 percent year to date (YTD) against a rise of 13.25 percent in 12 month’s time. The company’s shares still trade -24.11 percent away from its 1-year high of $76.70 and 24.38 percent up from 52-week low of $46.80. The average consensus rating on the company is 1.8, on a scale where 5 equates to a unanimous sell rating. In short, the mean badyst recommendations are calling this stock a buy.
Source link
