Roth Capital Increases APA (NASDAQ:APA) Price Target to $23.00

APA (NASDAQ:APA) had its price objective hoisted by analysts at Roth Capital from $22.00 to $23.00 in a research note issued to investors on Wednesday,MarketScreener reports. The brokerage presently has a “neutral” rating on the stock. Roth Capital also issued estimates for APA’s Q3 2025 earnings at $0.79 EPS, Q4 2025 earnings at $0.68 EPS and FY2025 earnings at $3.39 EPS.

Other analysts also recently issued research reports about the stock. BMO Capital Markets increased their price objective on shares of APA from $28.00 to $30.00 and gave the company a “market perform” rating in a report on Monday. Scotiabank increased their price objective on shares of APA from $22.00 to $26.00 and gave the company a “sector perform” rating in a report on Thursday, October 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of APA in a report on Tuesday. Cfra Research upgraded shares of APA to a “hold” rating in a report on Friday, August 8th. Finally, Piper Sandler increased their price objective on shares of APA from $21.00 to $22.00 and gave the company a “neutral” rating in a report on Thursday, August 14th. Three equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $24.26.

APA Stock Down 1.0%

APA opened at $23.00 on Wednesday. APA has a twelve month low of $13.58 and a twelve month high of $25.83. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.62. The company has a 50-day moving average price of $22.84 and a 200 day moving average price of $19.58. The company has a market cap of $8.23 billion, a PE ratio of 7.69, a price-to-earnings-growth ratio of 6.70 and a beta of 1.16.

APA (NASDAQ:APA) last released its quarterly earnings results on Wednesday, August 6th. The company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.42. APA had a net margin of 10.53% and a return on equity of 20.98%. The firm had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.03 billion. During the same quarter in the prior year, the firm earned $1.17 EPS. The company’s revenue for the quarter was down 14.4% on a year-over-year basis. Sell-side analysts expect that APA will post 4.03 earnings per share for the current fiscal year.

Institutional Trading of APA

Hedge funds have recently made changes to their positions in the company. Lynx Investment Advisory purchased a new stake in shares of APA in the 1st quarter valued at approximately $415,000. Fifth Third Bancorp boosted its position in shares of APA by 98.7% during the 2nd quarter. Fifth Third Bancorp now owns 51,924 shares of the company’s stock worth $950,000 after purchasing an additional 25,787 shares during the period. Bayforest Capital Ltd boosted its position in shares of APA by 1,576.6% during the 1st quarter. Bayforest Capital Ltd now owns 18,979 shares of the company’s stock worth $399,000 after purchasing an additional 17,847 shares during the period. WBI Investments LLC purchased a new position in shares of APA during the 1st quarter worth approximately $1,263,000. Finally, Strs Ohio purchased a new position in shares of APA during the 1st quarter worth approximately $14,735,000. 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.