Roth Capital Forecasts APA's Q1 Earnings (NASDAQ:APA)

APA Co. (NASDAQ:APA - Free Report) - Research analysts at Roth Capital reduced their Q1 2025 EPS estimates for shares of APA in a report issued on Monday, April 14th. Roth Capital analyst L. Mariani now forecasts that the company will post earnings of $0.97 per share for the quarter, down from their previous estimate of $1.02. The consensus estimate for APA's current full-year earnings is $4.03 per share. Roth Capital also issued estimates for APA's Q1 2026 earnings at $0.90 EPS, Q2 2026 earnings at $0.80 EPS, Q4 2026 earnings at $1.05 EPS and FY2026 earnings at $3.71 EPS.

APA (NASDAQ:APA - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The company reported $0.79 EPS for the quarter, missing analysts' consensus estimates of $0.97 by ($0.18). The firm had revenue of $2.50 billion for the quarter, compared to analyst estimates of $2.31 billion. APA had a return on equity of 27.86% and a net margin of 24.36%.

Other equities research analysts have also issued reports about the stock. The Goldman Sachs Group reiterated a "sell" rating and set a $23.00 price target on shares of APA in a research note on Wednesday, March 19th. Raymond James downgraded APA from a "strong-buy" rating to an "outperform" rating and dropped their price target for the stock from $45.00 to $32.00 in a research note on Monday, March 10th. Susquehanna lowered their target price on shares of APA from $33.00 to $31.00 and set a "positive" rating on the stock in a research report on Monday, March 3rd. Scotiabank dropped their price objective on shares of APA from $26.00 to $14.00 and set a "sector perform" rating on the stock in a research note on Friday, April 11th. Finally, Barclays dropped their price target on APA from $27.00 to $25.00 and set an "equal weight" rating on the stock in a research report on Tuesday, March 18th. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, APA currently has a consensus rating of "Hold" and a consensus price target of $26.21.

APA Stock Down 5.1 %

APA stock traded down $0.82 during trading on Wednesday, reaching $15.29. The stock had a trading volume of 3,271,361 shares, compared to its average volume of 6,786,789. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.03. APA has a 52-week low of $13.58 and a 52-week high of $33.41. The stock has a market cap of $5.53 billion, a PE ratio of 2.16 and a beta of 2.74. The business has a 50 day moving average price of $19.41 and a 200 day moving average price of $21.92.

APA Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Tuesday, April 22nd will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 6.54%. The ex-dividend date is Tuesday, April 22nd. APA's dividend payout ratio (DPR) is 44.25%.

Hedge Funds Weigh In On APA

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its holdings in APA by 33.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 6,186,244 shares of the company's stock worth $142,823,000 after purchasing an additional 1,540,055 shares in the last quarter. Freestone Grove Partners LP bought a new stake in shares of APA in the 4th quarter valued at $30,767,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in APA by 29.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,297,871 shares of the company's stock valued at $122,328,000 after buying an additional 1,195,212 shares during the period. Bank of New York Mellon Corp raised its position in shares of APA by 29.4% in the 4th quarter. Bank of New York Mellon Corp now owns 4,092,666 shares of the company's stock worth $94,500,000 after acquiring an additional 929,770 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in APA by 7.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 12,886,087 shares of the company's stock worth $297,540,000 after purchasing an additional 894,574 shares during the period. 83.01% of the stock is currently owned by institutional investors and hedge funds.

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.