Zacks Research Has Negative Outlook of APA FY2026 Earnings

APA Co. (NASDAQ:APA) – Zacks Research cut their FY2026 EPS estimates for APA in a research note issued to investors on Tuesday, November 19th. Zacks Research analyst N. Choudhury now expects that the company will post earnings of $3.20 per share for the year, down from their previous forecast of $3.42. The consensus estimate for APA’s current full-year earnings is $3.97 per share.

A number of other analysts have also recently weighed in on APA. Bernstein Bank dropped their price target on APA from $30.00 to $28.00 in a research report on Friday, October 18th. Wells Fargo & Company cut their target price on APA from $49.00 to $47.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 1st. Piper Sandler lowered their price target on shares of APA from $28.00 to $26.00 and set a “neutral” rating for the company in a research report on Monday. Barclays cut their price objective on shares of APA from $30.00 to $27.00 and set an “equal weight” rating on the stock in a research report on Friday, November 8th. Finally, Citigroup dropped their price target on shares of APA from $32.00 to $29.00 in a research note on Friday, October 18th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, APA currently has a consensus rating of “Hold” and a consensus target price of $32.81.

APA Price Performance

APA opened at $22.43 on Thursday. 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 company’s 50-day moving average price is $24.37 and its 200 day moving average price is $27.47. APA has a fifty-two week low of $21.15 and a fifty-two week high of $37.82. The firm has a market cap of $8.30 billion, a price-to-earnings ratio of 3.17 and a beta of 3.24.

APA Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Tuesday, October 22nd will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 4.46%. The ex-dividend date is Tuesday, October 22nd. APA’s payout ratio is 14.12%.

Institutional Trading of APA

Hedge funds have recently made changes to their positions in the stock. Sunpointe LLC raised its holdings in shares of APA by 2.8% during the second quarter. Sunpointe LLC now owns 13,297 shares of the company’s stock worth $391,000 after acquiring an additional 362 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of APA by 12.0% during the 2nd quarter. GAMMA Investing LLC now owns 3,558 shares of the company’s stock valued at $105,000 after buying an additional 380 shares during the last quarter. Citizens Financial Group Inc. RI grew its stake in shares of APA by 6.7% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 6,860 shares of the company’s stock valued at $202,000 after buying an additional 429 shares in the last quarter. Covestor Ltd increased its holdings in APA by 75.4% in the first quarter. Covestor Ltd now owns 1,093 shares of the company’s stock worth $38,000 after buying an additional 470 shares during the last quarter. Finally, Signaturefd LLC raised its position in APA by 7.1% during the second quarter. Signaturefd LLC now owns 7,108 shares of the company’s stock valued at $209,000 after acquiring an additional 472 shares in the last quarter. 83.01% of the stock is owned by hedge funds and other 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.