Zacks Research Has Positive Outlook of APA FY2025 Earnings

APA Corporation (NASDAQ:APA) – Equities researchers at Zacks Research boosted their FY2025 EPS estimates for shares of APA in a research report issued on Wednesday, November 19th. Zacks Research analyst Team now anticipates that the company will earn $3.42 per share for the year, up from their prior forecast of $3.13. The consensus estimate for APA’s current full-year earnings is $4.03 per share. Zacks Research also issued estimates for APA’s Q1 2027 earnings at $0.58 EPS, Q3 2027 earnings at $0.58 EPS and FY2027 earnings at $2.24 EPS.

APA (NASDAQ:APA) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.19. APA had a net margin of 10.53% and a return on equity of 20.98%. The company had revenue of $2.12 billion for the quarter, compared to analysts’ expectations of $2.06 billion. During the same quarter in the previous year, the firm posted $1.00 EPS. APA’s revenue was down 16.4% on a year-over-year basis.

Several other research analysts also recently weighed in on APA. Susquehanna increased their price target on APA from $30.00 to $32.00 and gave the stock a “positive” rating in a research note on Wednesday, November 12th. Scotiabank boosted their price objective on APA from $22.00 to $26.00 and gave the company a “sector perform” rating in a research note on Thursday, October 9th. Cowen reaffirmed a “hold” rating on shares of APA in a report on Thursday, August 7th. UBS Group lifted their target price on shares of APA from $25.00 to $26.00 and gave the stock a “neutral” rating in a research note on Monday, November 10th. Finally, JPMorgan Chase & Co. boosted their price target on shares of APA from $25.00 to $28.00 and gave the company a “neutral” rating in a research report on Tuesday, November 11th. Four investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $25.21.

APA Stock Performance

NASDAQ:APA opened at $23.38 on Thursday. The company has a market capitalization of $8.29 billion, a P/E ratio of 7.82, a P/E/G ratio of 6.28 and a beta of 1.12. The business has a fifty day simple moving average of $23.65 and a two-hundred day simple moving average of $20.87. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.80 and a quick ratio of 0.80. APA has a 1 year low of $13.58 and a 1 year high of $25.83.

Hedge Funds Weigh In On APA

Several hedge funds have recently bought and sold shares of APA. Deseret Mutual Benefit Administrators increased its holdings in APA by 276.7% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 1,213 shares of the company’s stock worth $29,000 after acquiring an additional 891 shares during the period. TD Private Client Wealth LLC grew its position in shares of APA by 144.9% during the 2nd quarter. TD Private Client Wealth LLC now owns 1,866 shares of the company’s stock valued at $34,000 after purchasing an additional 1,104 shares in the last quarter. CVA Family Office LLC grew its position in shares of APA by 6,096.7% during the 2nd quarter. CVA Family Office LLC now owns 1,859 shares of the company’s stock valued at $34,000 after purchasing an additional 1,829 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in shares of APA in the third quarter worth $34,000. Finally, Spire Wealth Management raised its position in shares of APA by 179.6% in the third quarter. Spire Wealth Management now owns 1,521 shares of the company’s stock worth $37,000 after buying an additional 977 shares in the last quarter. Hedge funds and other institutional investors own 83.01% of the company’s stock.

APA Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 21st. Stockholders of record on Wednesday, October 22nd will be given a dividend of $0.25 per share. The ex-dividend date is Wednesday, October 22nd. This represents a $1.00 annualized dividend and a dividend yield of 4.3%. APA’s dividend payout ratio is currently 24.04%.

APA Company Profile

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.