Zacks Research Has Optimistic Outlook of APA FY2025 Earnings

Key Points

• Zacks Research has raised its FY2025 EPS estimate for APA Corporation to $3.07, indicating a positive outlook from their previous estimate of $3.03.
• The consensus estimate for APA's current full-year earnings stands at $4.03 per share, with several analysts adjusting their price targets, which range from $19.00 to $23.00.
• APA's stock performance shows a current price around $23.84, with a market cap of approximately $8.53 billion and significant institutional interest, holding 83.01% of the stock.

APA Corporation (NASDAQ:APA - Free Report) - Stock analysts at Zacks Research lifted their FY2025 earnings estimates for APA in a report issued on Monday, September 1st. Zacks Research analyst Team now anticipates that the company will earn $3.07 per share for the year, up from their prior forecast of $3.03. The consensus estimate for APA's current full-year earnings is $4.03 per share. Zacks Research also issued estimates for APA's Q4 2025 earnings at $0.58 EPS, Q1 2026 earnings at $0.65 EPS, Q2 2026 earnings at $0.59 EPS, Q4 2026 earnings at $0.59 EPS, FY2026 earnings at $2.36 EPS, Q1 2027 earnings at $0.65 EPS and Q2 2027 earnings at $0.62 EPS.

APA (NASDAQ:APA - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.87 earnings per share for the quarter, topping analysts' consensus estimates of $0.45 by $0.42. APA had a net margin of 10.53% and a return on equity of 20.98%. The business had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.03 billion. During the same period in the prior year, the business posted $1.17 earnings per share. The company's revenue was down 14.4% on a year-over-year basis.

A number of other equities research analysts also recently issued reports on APA. JPMorgan Chase & Co. upped their price target on shares of APA from $19.00 to $20.00 and gave the company a "neutral" rating in a research note on Friday, July 11th. Scotiabank restated a "sector perform" rating and issued a $22.00 price target (up from $14.00) on shares of APA in a report on Friday, July 11th. Argus upgraded shares of APA to a "hold" rating in a report on Friday, May 16th. Morgan Stanley increased their target price on shares of APA from $22.00 to $23.00 and gave the stock an "underweight" rating in a report on Monday, August 18th. Finally, Raymond James Financial restated an "outperform" rating and issued a $26.00 price target (up from $25.00) on shares of APA in a report on Tuesday, July 22nd. Three equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $23.72.

APA Price Performance

Shares of APA traded down $0.69 during midday trading on Wednesday, hitting $22.75. 5,994,228 shares of the company traded hands, compared to its average volume of 6,181,176. The stock has a market cap of $8.14 billion, a price-to-earnings ratio of 7.61, a PEG ratio of 6.76 and a beta of 1.29. The firm has a 50 day moving average of $20.21 and a 200-day moving average of $18.92. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.80 and a current ratio of 0.80. APA has a 52 week low of $13.58 and a 52 week high of $27.48.

Institutional Investors Weigh In On APA

Several institutional investors and hedge funds have recently added to or reduced their stakes in APA. ProShare Advisors LLC raised its holdings in APA by 0.4% in the 4th quarter. ProShare Advisors LLC now owns 113,913 shares of the company's stock valued at $2,630,000 after buying an additional 449 shares during the period. Nissay Asset Management Corp Japan ADV increased its position in shares of APA by 1.1% in the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 46,063 shares of the company's stock valued at $1,018,000 after buying an additional 517 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its stake in shares of APA by 19.6% during the second quarter. Steward Partners Investment Advisory LLC now owns 3,349 shares of the company's stock valued at $61,000 after acquiring an additional 550 shares during the last quarter. Wealthfront Advisers LLC boosted its stake in shares of APA by 0.6% during the second quarter. Wealthfront Advisers LLC now owns 104,858 shares of the company's stock valued at $1,918,000 after acquiring an additional 612 shares during the last quarter. Finally, Cullen Investment Group LTD. boosted its stake in shares of APA by 5.9% during the second quarter. Cullen Investment Group LTD. now owns 11,497 shares of the company's stock valued at $210,000 after acquiring an additional 637 shares during the last quarter. Institutional investors and hedge funds 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.