Zacks Research Analysts Lift Earnings Estimates for APA Co. (NASDAQ:APA)

APA Co. (NASDAQ:APA) – Equities research analysts at Zacks Research increased their Q2 2025 earnings per share (EPS) estimates for shares of APA in a research note issued on Tuesday, May 21st. Zacks Research analyst N. Choudhury now anticipates that the company will post earnings per share of $1.35 for the quarter, up from their previous estimate of $1.29. The consensus estimate for APA’s current full-year earnings is $4.63 per share. Zacks Research also issued estimates for APA’s Q3 2025 earnings at $1.36 EPS.

Other analysts have also issued reports about the stock. Truist Financial lowered their price target on shares of APA from $59.00 to $53.00 and set a “buy” rating on the stock in a research report on Friday, April 5th. Susquehanna raised their price target on shares of APA from $54.00 to $57.00 and gave the stock a “positive” rating in a research note on Tuesday, May 7th. Piper Sandler lowered their price target on shares of APA from $35.00 to $33.00 and set a “neutral” rating for the company in a report on Tuesday, May 14th. Wells Fargo & Company reduced their price objective on shares of APA from $53.00 to $52.00 and set an “overweight” rating on the stock in a research note on Wednesday. Finally, StockNews.com cut shares of APA from a “buy” rating to a “hold” rating in a research note on Friday, May 10th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $42.10.

APA Trading Down 2.0 %

Shares of APA opened at $29.52 on Wednesday. The firm’s 50-day moving average is $32.43 and its two-hundred day moving average is $33.10. APA has a twelve month low of $28.90 and a twelve month high of $46.15. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.42. The firm has a market capitalization of $10.96 billion, a P/E ratio of 3.30 and a beta of 3.29.

APA (NASDAQ:APA) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.12). APA had a return on equity of 45.32% and a net margin of 34.04%. The business had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.89 billion. During the same period in the prior year, the company earned $1.19 EPS. The company’s revenue was down 2.8% on a year-over-year basis.

Hedge Funds Weigh In On APA

Several hedge funds and other institutional investors have recently modified their holdings of the company. Atria Investments Inc raised its holdings in shares of APA by 20.3% during the first quarter. Atria Investments Inc now owns 41,684 shares of the company’s stock valued at $1,433,000 after buying an additional 7,032 shares during the last quarter. LRI Investments LLC acquired a new stake in APA in the 1st quarter valued at approximately $59,000. Webs Creek Capital Management LP bought a new stake in APA during the 1st quarter valued at $28,593,000. Comerica Bank boosted its position in APA by 0.9% during the 1st quarter. Comerica Bank now owns 176,535 shares of the company’s stock worth $6,069,000 after acquiring an additional 1,641 shares during the period. Finally, California State Teachers Retirement System grew its stake in shares of APA by 3.3% in the first quarter. California State Teachers Retirement System now owns 443,818 shares of the company’s stock worth $15,258,000 after purchasing an additional 14,069 shares in the last quarter. Institutional investors and hedge funds own 83.01% of the company’s stock.

About APA

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.