APA Co. (NASDAQ:APA - Free Report) - Research analysts at Zacks Research boosted their Q1 2025 earnings per share estimates for shares of APA in a report issued on Monday, April 22nd. Zacks Research analyst N. Choudhury now forecasts that the company will post earnings per share of $0.90 for the quarter, up from their previous forecast of $0.89. The consensus estimate for APA's current full-year earnings is $4.85 per share. Zacks Research also issued estimates for APA's Q2 2025 earnings at $0.88 EPS, Q3 2025 earnings at $1.44 EPS, FY2025 earnings at $4.34 EPS, Q1 2026 earnings at $1.05 EPS and FY2026 earnings at $4.82 EPS.
A number of other analysts also recently weighed in on APA. Johnson Rice downgraded APA from a "buy" rating to a "hold" rating and set a $40.00 target price for the company. in a research report on Friday, January 5th. Morgan Stanley restated an "underweight" rating and issued a $28.00 target price on shares of APA in a research report on Monday, April 15th. Susquehanna boosted their price objective on APA from $50.00 to $54.00 and gave the company a "positive" rating in a research report on Monday. Truist Financial lowered their price objective on APA from $59.00 to $53.00 and set a "buy" rating for the company in a research report on Friday, April 5th. Finally, Piper Sandler boosted their price objective on APA from $33.00 to $35.00 and gave the company a "neutral" rating in a research report on Friday. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $42.10.
Check Out Our Latest Report on APA
APA Price Performance
Shares of APA traded down $0.41 during trading hours on Tuesday, reaching $32.06. 6,778,033 shares of the company's stock traded hands, compared to its average volume of 6,865,792. The firm's 50 day simple moving average is $32.46 and its 200-day simple moving average is $34.53. The stock has a market cap of $9.65 billion, a PE ratio of 3.45 and a beta of 3.27. APA has a 12 month low of $29.47 and a 12 month high of $46.15. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.41.
APA (NASDAQ:APA - Get Free Report) last issued its quarterly earnings results on Thursday, February 22nd. The company reported $1.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.33 by ($0.18). The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.07 billion. APA had a net margin of 34.95% and a return on equity of 62.64%. The business's revenue was down 12.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.48 EPS.
APA Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 22nd. Stockholders of record on Monday, April 22nd will be issued a dividend of $0.25 per share. The ex-dividend date is Friday, April 19th. This represents a $1.00 annualized dividend and a dividend yield of 3.12%. APA's payout ratio is presently 10.78%.
Hedge Funds Weigh In On APA
Institutional investors and hedge funds have recently modified their holdings of the stock. Lido Advisors LLC increased its holdings in APA by 1.2% in the 3rd quarter. Lido Advisors LLC now owns 21,901 shares of the company's stock worth $900,000 after buying an additional 266 shares in the last quarter. DNB Asset Management AS increased its holdings in APA by 0.6% in the 4th quarter. DNB Asset Management AS now owns 49,846 shares of the company's stock worth $1,788,000 after buying an additional 308 shares in the last quarter. HB Wealth Management LLC boosted its position in APA by 5.0% in the fourth quarter. HB Wealth Management LLC now owns 6,528 shares of the company's stock worth $234,000 after purchasing an additional 309 shares during the last quarter. NovaPoint Capital LLC boosted its position in APA by 5.8% in the third quarter. NovaPoint Capital LLC now owns 6,231 shares of the company's stock worth $256,000 after purchasing an additional 342 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in APA by 1.5% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 25,029 shares of the company's stock worth $898,000 after purchasing an additional 358 shares during the last quarter. 83.01% of the stock is currently owned by institutional investors.
APA Company Profile
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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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