APA (NASDAQ:APA) Stock Price Expected to Rise, UBS Group Analyst Says

APA (NASDAQ:APA) had its price objective lifted by stock analysts at UBS Group from $30.00 to $34.00 in a research note issued to investors on Monday,MarketScreener reports. The firm currently has a “neutral” rating on the stock. UBS Group’s target price points to a potential upside of 6.75% from the company’s current price.

APA has been the subject of several other research reports. Evercore lifted their price target on APA from $21.00 to $25.00 in a research report on Thursday, February 26th. Stephens lifted their target price on shares of APA from $23.00 to $24.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 17th. Mizuho upped their target price on shares of APA from $22.00 to $24.00 and gave the stock an “underperform” rating in a research note on Thursday, February 26th. Roth Mkm raised their price target on shares of APA from $23.00 to $27.00 and gave the company a “neutral” rating in a research report on Thursday, February 26th. Finally, Johnson Rice raised APA from a “hold” rating to an “accumulate” rating and upped their price objective for the company from $35.00 to $40.00 in a research report on Thursday, December 4th. Seven equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, APA currently has a consensus rating of “Hold” and an average price target of $28.00.

APA Price Performance

Shares of APA opened at $31.85 on Monday. APA has a fifty-two week low of $13.58 and a fifty-two week high of $32.78. The firm’s 50-day simple moving average is $26.57 and its two-hundred day simple moving average is $24.74. The stock has a market cap of $11.25 billion, a PE ratio of 7.98, a price-to-earnings-growth ratio of 15.40 and a beta of 0.67. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.82 and a current ratio of 0.82.

APA (NASDAQ:APA) last released its earnings results on Wednesday, February 25th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.29. The firm had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.89 billion. APA had a net margin of 15.55% and a return on equity of 19.89%. The business’s revenue was down 26.6% on a year-over-year basis. During the same period last year, the business earned $0.79 earnings per share. Analysts anticipate that APA will post 4.03 earnings per share for the current fiscal year.

Institutional Investors Weigh In On APA

Several hedge funds and other institutional investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of APA by 6.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,300 shares of the company’s stock worth $700,000 after buying an additional 2,070 shares during the last quarter. NewEdge Advisors LLC raised its position in APA by 49.6% in the first quarter. NewEdge Advisors LLC now owns 10,785 shares of the company’s stock worth $227,000 after acquiring an additional 3,578 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of APA by 43.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,668,505 shares of the company’s stock worth $56,092,000 after acquiring an additional 806,252 shares during the last quarter. Focus Partners Wealth grew its position in shares of APA by 10.6% during the 1st quarter. Focus Partners Wealth now owns 44,833 shares of the company’s stock valued at $942,000 after acquiring an additional 4,297 shares during the period. Finally, Teacher Retirement System of Texas increased its stake in shares of APA by 2.3% in the 2nd quarter. Teacher Retirement System of Texas now owns 55,330 shares of the company’s stock worth $1,012,000 after purchasing an additional 1,245 shares in the last quarter. Hedge funds and other institutional investors own 83.01% of the company’s stock.

More APA News

Here are the key news stories impacting APA this week:

• Positive Sentiment: APA beat Q4 EPS estimates (reported $0.91 vs. consensus $0.62); management cited stronger output and lower costs that offset weak oil & gas prices — this earnings surprise is the primary bullish catalyst. Article Title
• Positive Sentiment: Susquehanna raised its price target to $37 (from $32) and maintained a positive rating — a materially higher target that supports upside expectations. Article Title
• Positive Sentiment: BMO Capital Markets lifted its target to $35 (from $30) while keeping a market-perform rating, which still signals modest upside from current levels. Article Title
• Positive Sentiment: UBS raised its price target to $34 (from $30) and kept a neutral rating — another upward revision that adds analyst support for the name. Article Title
• Neutral Sentiment: Short-interest data in the feed is inconsistent (reports show 0 shares and NaN changes); this looks like a reporting glitch and is unlikely to explain the stock move. Investors should treat these short-interest figures as unreliable until clarified.
• Negative Sentiment: A separate analyst note listed a $29 price target (raised in that report) which is below current trading levels and would be a less bullish signal if adopted more widely. Article Title

About APA

APA Corporation (NASDAQ: APA) is an independent exploration and production company engaged in the acquisition, development and production of oil and natural gas resources. The company operates through three core regions: the United States, Egypt and the North Sea. Through its integrated approach, APA combines geological and geophysical expertise with technical innovation to identify and develop hydrocarbons in both onshore and offshore settings.

In the United States, APA’s largest position is in the Permian Basin of West Texas and southeastern New Mexico, where it holds substantial acreage dedicated to oil-focused drilling and production.