Q1 2025 EPS Estimates for APA Co. (NASDAQ:APA) Reduced by Analyst

APA Co. (NASDAQ:APA) – Stock analysts at Zacks Research lowered their Q1 2025 earnings estimates for shares of APA in a report issued on Monday, October 14th. Zacks Research analyst N. Choudhury now anticipates that the company will post earnings per share of $0.86 for the quarter, down from their prior forecast of $1.00. The consensus estimate for APA’s current full-year earnings is $3.97 per share.

Several other brokerages have also recently commented on APA. Barclays decreased their target price on APA from $35.00 to $30.00 and set an “equal weight” rating on the stock in a report on Thursday, October 3rd. JPMorgan Chase & Co. reduced their price target on shares of APA from $36.00 to $27.00 and set a “neutral” rating on the stock in a research report on Thursday, September 12th. Susquehanna lowered their price objective on shares of APA from $57.00 to $52.00 and set a “positive” rating for the company in a research report on Wednesday, September 4th. Evercore ISI dropped their target price on shares of APA from $39.00 to $33.00 and set an “in-line” rating for the company in a research note on Monday, September 30th. Finally, Scotiabank decreased their price target on shares of APA from $30.00 to $27.00 and set a “sector perform” rating on the stock in a research note on Thursday, October 10th. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, APA currently has a consensus rating of “Hold” and an average price target of $34.86.

APA Stock Down 6.9 %

NASDAQ APA opened at $24.85 on Tuesday. The stock’s 50 day simple moving average is $26.61 and its 200 day simple moving average is $29.24. APA has a one year low of $22.72 and a one year high of $43.58. The firm has a market cap of $9.22 billion, a PE ratio of 2.78 and a beta of 3.23. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.01 and a quick ratio of 1.01.

APA (NASDAQ:APA) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $1.17 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.22. APA had a net margin of 32.66% and a return on equity of 35.95%. The company had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same quarter last year, the business posted $0.85 earnings per share. The company’s revenue was up 41.6% on a year-over-year basis.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. American International Group Inc. boosted its holdings in APA by 0.5% during the fourth quarter. American International Group Inc. now owns 86,458 shares of the company’s stock worth $3,102,000 after purchasing an additional 461 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of APA by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 42,643,529 shares of the company’s stock worth $1,530,050,000 after buying an additional 924,400 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in shares of APA by 340.4% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 125,072 shares of the company’s stock valued at $4,488,000 after acquiring an additional 96,672 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of APA by 7.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 41,648 shares of the company’s stock valued at $1,494,000 after acquiring an additional 2,787 shares during the last quarter. Finally, HighPoint Advisor Group LLC bought a new stake in APA during the fourth quarter worth about $454,000. 83.01% of the stock is currently owned by institutional investors.

APA Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Tuesday, October 22nd will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 4.02%. The ex-dividend date of this dividend is Tuesday, October 22nd. APA’s payout ratio is presently 11.19%.

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.