What is Zacks Research’s Forecast for APA FY2025 Earnings?

APA Co. (NASDAQ:APA) – Equities researchers at Zacks Research boosted their FY2025 earnings per share (EPS) estimates for APA in a research note issued on Wednesday, January 22nd. Zacks Research analyst N. Choudhury now anticipates that the company will post earnings of $2.59 per share for the year, up from their prior estimate of $2.57. The consensus estimate for APA’s current full-year earnings is $4.08 per share.

A number of other brokerages have also issued reports on APA. Raymond James upped their target price on shares of APA from $44.00 to $45.00 and gave the stock a “strong-buy” rating in a research report on Thursday, January 23rd. Wells Fargo & Company downgraded APA from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $42.00 to $25.00 in a report on Tuesday, December 17th. Royal Bank of Canada reissued a “sector perform” rating and issued a $32.00 target price on shares of APA in a research note on Thursday, January 23rd. Barclays cut their price target on APA from $30.00 to $27.00 and set an “equal weight” rating on the stock in a research note on Friday, November 8th. Finally, UBS Group decreased their price target on APA from $28.00 to $27.00 and set a “neutral” rating on the stock in a report on Monday, December 9th. Four investment analysts have rated the stock with a sell rating, eleven have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $30.65.

APA Stock Performance

APA stock opened at $23.34 on Monday. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.03. The stock has a market capitalization of $8.63 billion, a price-to-earnings ratio of 3.30 and a beta of 3.16. APA has a 12-month low of $20.32 and a 12-month high of $36.04. The stock has a 50-day simple moving average of $22.81 and a 200 day simple moving average of $25.21.

APA Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Wednesday, January 22nd will be issued a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, January 22nd. This represents a $1.00 annualized dividend and a dividend yield of 4.28%. APA’s dividend payout ratio (DPR) is currently 14.12%.

Insider Transactions at APA

In other news, Director Juliet S. Ellis bought 4,391 shares of the stock in a transaction on Thursday, December 12th. The stock was purchased at an average price of $22.78 per share, for a total transaction of $100,026.98. Following the acquisition, the director now owns 12,436 shares in the company, valued at approximately $283,292.08. This trade represents a 54.58 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 1.30% of the stock is currently owned by insiders.

Institutional Trading of APA

A number of institutional investors have recently modified their holdings of the company. TD Private Client Wealth LLC lifted its stake in APA by 84.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 1,182 shares of the company’s stock valued at $29,000 after acquiring an additional 540 shares in the last quarter. Wilmington Savings Fund Society FSB raised its holdings in shares of APA by 77.9% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 1,338 shares of the company’s stock valued at $31,000 after purchasing an additional 586 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in shares of APA by 93.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,614 shares of the company’s stock worth $37,000 after purchasing an additional 780 shares in the last quarter. Huntington National Bank lifted its position in shares of APA by 48.8% in the third quarter. Huntington National Bank now owns 1,710 shares of the company’s stock worth $42,000 after purchasing an additional 561 shares in the last quarter. Finally, Eastern Bank boosted its holdings in APA by 355.0% during the fourth quarter. Eastern Bank now owns 2,275 shares of the company’s stock worth $53,000 after purchasing an additional 1,775 shares during the last quarter. 83.01% of the stock is currently owned by 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.