Zacks Research Has Positive Outlook for APA Q1 Earnings

APA Co. (NASDAQ:APA) – Research analysts at Zacks Research increased their Q1 2025 earnings per share estimates for shares of APA in a research note issued on Wednesday, March 12th. Zacks Research analyst N. Choudhury now expects that the company will post earnings per share of $0.57 for the quarter, up from their prior estimate of $0.53. The consensus estimate for APA’s current full-year earnings is $4.03 per share. Zacks Research also issued estimates for APA’s FY2027 earnings at $2.55 EPS.

APA (NASDAQ:APA) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.79 earnings per share for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.18). APA had a net margin of 24.36% and a return on equity of 27.86%. The company had revenue of $2.50 billion during the quarter, compared to the consensus estimate of $2.31 billion.

Several other brokerages also recently commented on APA. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $32.00 price target on shares of APA in a research report on Thursday, January 23rd. Mizuho dropped their price target on APA from $25.00 to $24.00 and set an “underperform” rating on the stock in a research report on Monday, December 16th. UBS Group dropped their price target on APA from $28.00 to $27.00 and set a “neutral” rating on the stock in a research report on Monday, December 9th. Susquehanna dropped their price target on APA from $33.00 to $31.00 and set a “positive” rating on the stock in a research report on Monday, March 3rd. Finally, Piper Sandler dropped their price target on APA from $26.00 to $23.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 17th. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $28.90.

APA Stock Performance

Shares of NASDAQ APA opened at $19.61 on Friday. 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 business’s 50 day moving average is $22.29 and its two-hundred day moving average is $23.37. The company has a market cap of $7.14 billion, a P/E ratio of 2.77 and a beta of 3.26. APA has a 12 month low of $17.66 and a 12 month high of $36.05.

APA Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Tuesday, April 22nd will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 5.10%. The ex-dividend date of this dividend is Tuesday, April 22nd. APA’s dividend payout ratio is 44.25%.

Institutional Trading of APA

Several institutional investors have recently bought and sold shares of APA. PKO Investment Management Joint Stock Co acquired a new position in APA in the fourth quarter worth $277,000. Siemens Fonds Invest GmbH acquired a new position in APA in the fourth quarter worth $42,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in APA in the fourth quarter worth $1,721,000. Jefferies Financial Group Inc. boosted its stake in APA by 459.8% in the fourth quarter. Jefferies Financial Group Inc. now owns 53,538 shares of the company’s stock worth $1,236,000 after purchasing an additional 43,974 shares in the last quarter. Finally, GF Fund Management CO. LTD. acquired a new position in APA in the fourth quarter worth $2,612,000. 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.