Home Sectors Energy Stock Under Review: Apergy Corporation (NYSE: APY)

Stock Under Review: Apergy Corporation (NYSE: APY)


Apergy Corporation is in the oil and gas services industry and trades as part of the energy sector. The company CEO is Sivasankaran Somasundaram. Apergy Corp engages in providing engineered technologies that help companies drill for and produce oil and gas.

Previous Intraday Trading Performance:

The APY stock showed a previous change of 1.77% with an open at 33.67 and a close of 34.49. It reached an intraday high of 34.84 and a low of 33.67.

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The stock has a market cap of $2.7b with 77.3m shares outstanding, of which the float is 77.0m shares. Trading volume reached 361,213 shares compared to its average volume of 461,812 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Apergy Corporation shares returned 0.20% and in the past 30 trading days it returned 26.06%. Over three months, it changed -8.59%. In one year it has changed -9.24% and within that year its 52-week high was 46.11 and its 52-week low was 25.85. APY stock is 33.42% above its 52 Week Low.

Our calculations show a 200 day moving average of 38.68 and a 50 day moving average of 32.06. Currently APY stock is trading -10.83% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

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The last annual fiscal EPS for the company was reported at 1.12 that ended on 31st of December 2017, which according to the previous close, that is a PE of 30.79. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.35. The TTM EPS is 0.00, which comes to a TTM PE of 0.00.

The following are the last four quarter reported earnings per share:
09-30-2018:  0.37
06-30-2018:  0.38
01-01-1970:  0.00
01-01-1970:  0.00

Base on our calculations, the intrinsic value per share is 26.71, which means it may be overvalued by -29.12%

Indicators to Watch:

Based on the latest filings, there is 0.40% of insider ownership and 145.20% of institutional ownership. Short-interest is 2,618,005, which is 3.39% of shares outstanding. The short-interest ratio or days-to-cover ratio is 3.86. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 2.17

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 11.42%, return on assets is 5.54%, profit margin is 8.31%, price-to-sales is 3.01 and price-to-book is 2.72.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 1  :Past Performance Score
 2  :Financial Strength Score
 3  :Future Growth Score
 0  :Dividend Score
 1  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.