Capital One Financial Forecasts Higher Earnings for APA

APA Co. (NASDAQ:APA - Free Report) - Equities researchers at Capital One Financial increased their FY2026 earnings per share (EPS) estimates for APA in a research report issued on Monday, May 19th. Capital One Financial analyst B. Velie now anticipates that the company will post earnings per share of $2.34 for the year, up from their prior forecast of $0.56. The consensus estimate for APA's current full-year earnings is $4.03 per share.

APA (NASDAQ:APA - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported $1.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.83 by $0.23. The company had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.17 billion. APA had a return on equity of 27.86% and a net margin of 24.36%. APA's quarterly revenue was up 35.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.78 EPS.

APA has been the subject of a number of other reports. JPMorgan Chase & Co. reduced their price target on shares of APA from $23.00 to $20.00 and set a "neutral" rating for the company in a research report on Thursday, March 13th. Piper Sandler reduced their target price on shares of APA from $22.00 to $19.00 and set a "neutral" rating on the stock in a research note on Tuesday, May 13th. Royal Bank of Canada decreased their price target on shares of APA from $27.00 to $24.00 and set a "sector perform" rating on the stock in a research note on Friday, April 11th. Scotiabank reduced their target price on APA from $26.00 to $14.00 and set a "sector perform" rating on the stock in a report on Friday, April 11th. Finally, Wells Fargo & Company dropped their price target on APA from $25.00 to $23.00 and set an "equal weight" rating on the stock in a research note on Wednesday, March 26th. Four analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $25.53.

APA Stock Down 0.4%

APA stock opened at $17.25 on Wednesday. The company's 50-day moving average price is $17.43 and its two-hundred day moving average price is $20.63. The stock has a market cap of $6.24 billion, a price-to-earnings ratio of 2.44 and a beta of 1.18. APA has a 52 week low of $13.58 and a 52 week high of $33.41. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.03.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. MassMutual Private Wealth & Trust FSB increased its stake in APA by 93.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,614 shares of the company's stock worth $37,000 after buying an additional 780 shares in the last quarter. Wealthquest Corp raised its holdings in shares of APA by 14.9% in the fourth quarter. Wealthquest Corp now owns 177,241 shares of the company's stock worth $4,093,000 after buying an additional 23,041 shares during the period. Segment Wealth Management LLC lifted its position in shares of APA by 1.1% during the fourth quarter. Segment Wealth Management LLC now owns 54,938 shares of the company's stock worth $1,269,000 after purchasing an additional 571 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in APA by 22.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 65,071 shares of the company's stock valued at $1,503,000 after buying an additional 12,077 shares during the period. Finally, Impact Partnership Wealth LLC purchased a new position in APA during the 4th quarter worth $378,000. Hedge funds and other institutional investors own 83.01% of the company's stock.

About APA

APA Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. It has oil and gas operations in the United States, Egypt, and North Sea. The company also has exploration and appraisal activities in Suriname, as well as holds interests in projects located in Uruguay and internationally.

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