APA FY2025 EPS Forecast Decreased by Capital One Financial

APA Corporation (NASDAQ:APA) – Capital One Financial reduced their FY2025 EPS estimates for APA in a note issued to investors on Tuesday, November 18th. Capital One Financial analyst B. Velie now anticipates that the company will post earnings of $3.29 per share for the year, down from their previous estimate of $3.31. Capital One Financial has a “Overweight” rating and a $32.00 price objective on the stock. The consensus estimate for APA’s current full-year earnings is $4.03 per share.

Other equities research analysts have also issued research reports about the company. Wells Fargo & Company boosted their price target on APA from $20.00 to $21.00 and gave the stock an “equal weight” rating in a research note on Friday, August 15th. Raymond James Financial lifted their target price on shares of APA from $28.00 to $31.00 in a research note on Tuesday, October 28th. Piper Sandler upped their price target on shares of APA from $22.00 to $23.00 and gave the company a “neutral” rating in a research note on Tuesday. Cfra Research upgraded shares of APA to a “hold” rating in a research note on Friday, August 8th. Finally, Mizuho boosted their price objective on shares of APA from $18.00 to $20.00 and gave the company an “underperform” rating in a report on Thursday, October 16th. Four equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $25.21.

APA Trading Up 2.4%

Shares of NASDAQ:APA opened at $23.95 on Friday. The business’s 50-day moving average is $23.68 and its 200 day moving average is $20.93. 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. The firm has a market capitalization of $8.49 billion, a P/E ratio of 8.01, a P/E/G ratio of 6.28 and a beta of 1.12.

APA (NASDAQ:APA) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.74 by $0.19. APA had a return on equity of 20.98% and a net margin of 10.53%.The firm had revenue of $2.12 billion during the quarter, compared to analyst estimates of $2.06 billion. During the same quarter in the prior year, the business posted $1.00 EPS. The business’s revenue for the quarter was down 16.4% compared to the same quarter last year.

APA Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 21st. Investors of record on Wednesday, October 22nd were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Wednesday, October 22nd. APA’s dividend payout ratio (DPR) is 24.04%.

Institutional Investors Weigh In On APA

Several hedge funds have recently added to or reduced their stakes in the business. Howard Capital Management Inc. raised its stake in shares of APA by 0.5% during the 3rd quarter. Howard Capital Management Inc. now owns 94,848 shares of the company’s stock valued at $2,303,000 after buying an additional 485 shares during the last quarter. one8zero8 LLC grew its holdings in APA by 1.2% during the third quarter. one8zero8 LLC now owns 42,254 shares of the company’s stock worth $1,026,000 after acquiring an additional 488 shares during the period. Arizona State Retirement System raised its position in APA by 0.5% during the third quarter. Arizona State Retirement System now owns 106,734 shares of the company’s stock valued at $2,592,000 after acquiring an additional 517 shares in the last quarter. Steward Partners Investment Advisory LLC raised its position in 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 in the last quarter. Finally, Bank of Nova Scotia lifted its holdings in APA by 2.4% in the third quarter. Bank of Nova Scotia now owns 24,818 shares of the company’s stock valued at $603,000 after acquiring an additional 582 shares during the period. 83.01% of the stock is owned by hedge funds and other institutional investors.

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.