APA (NASDAQ:APA) Given New $37.00 Price Target at Susquehanna

APA (NASDAQ:APA) had its target price upped by Susquehanna from $32.00 to $37.00 in a research report report published on Tuesday morning,MarketScreener reports. They currently have a positive rating on the stock.

A number of other research firms also recently commented on APA. Evercore increased their price objective on shares of APA from $21.00 to $25.00 in a research note on Thursday, February 26th. Raymond James Financial reissued an “outperform” rating and set a $31.00 price target on shares of APA in a research report on Monday, November 24th. Capital One Financial decreased their price target on APA from $32.00 to $31.00 and set an “overweight” rating for the company in a research note on Friday, January 9th. Mizuho boosted their price target on APA from $22.00 to $24.00 and gave the stock an “underperform” rating in a research report on Thursday, February 26th. Finally, Benchmark reissued a “buy” rating on shares of APA in a report on Monday, February 2nd. Seven equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $28.00.

APA Price Performance

Shares of APA opened at $31.85 on Tuesday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.61. APA has a twelve month low of $13.58 and a twelve month high of $32.78. The stock has a market capitalization of $11.25 billion, a P/E ratio of 7.98, a P/E/G ratio of 15.40 and a beta of 0.67. The company has a 50 day moving average of $26.57 and a 200-day moving average of $24.74.

APA (NASDAQ:APA) last announced its earnings results on Wednesday, February 25th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.62 by $0.29. The business had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.89 billion. APA had a net margin of 15.55% and a return on equity of 19.89%. The firm’s revenue was down 26.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.79 earnings per share. As a group, equities research analysts forecast that APA will post 4.03 EPS for the current fiscal year.

APA Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Wednesday, April 22nd will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, April 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.1%. APA’s payout ratio is presently 25.06%.

Institutional Investors Weigh In On APA

Hedge funds have recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC increased its stake in shares of APA by 869.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 194,418 shares of the company’s stock worth $4,872,000 after purchasing an additional 174,369 shares during the period. Prudential Financial Inc. increased its position in APA by 38.8% during the 2nd quarter. Prudential Financial Inc. now owns 284,275 shares of the company’s stock worth $5,199,000 after buying an additional 79,451 shares during the period. Jackson Creek Investment Advisors LLC acquired a new stake in shares of APA during the third quarter worth $2,337,000. AE Wealth Management LLC boosted its position in shares of APA by 2,049.4% in the third quarter. AE Wealth Management LLC now owns 403,511 shares of the company’s stock valued at $9,797,000 after acquiring an additional 384,738 shares during the period. Finally, Schroder Investment Management Group grew its stake in shares of APA by 22.0% in the second quarter. Schroder Investment Management Group now owns 914,667 shares of the company’s stock valued at $16,729,000 after acquiring an additional 165,006 shares in the last quarter. Institutional investors and hedge funds own 83.01% of the company’s stock.

APA News Summary

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.