William Blair Predicts APA’s FY2025 Earnings (NASDAQ:APA)

APA Corporation (NASDAQ:APA) – Investment analysts at William Blair issued their FY2025 EPS estimates for shares of APA in a research report issued to clients and investors on Wednesday, November 26th. William Blair analyst N. Dingmann anticipates that the company will post earnings per share of $3.50 for the year. William Blair currently has a “Outperform” rating and a $32.00 price target on the stock. The consensus estimate for APA’s current full-year earnings is $4.03 per share. William Blair also issued estimates for APA’s FY2026 earnings at $2.67 EPS, FY2027 earnings at $3.64 EPS, FY2028 earnings at $4.15 EPS and FY2029 earnings at $4.75 EPS.

Several other equities analysts have also issued reports on the company. Stephens raised their price target on APA from $22.00 to $23.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 6th. Scotiabank raised their target price on shares of APA from $22.00 to $26.00 and gave the stock a “sector perform” rating in a report on Thursday, October 9th. Sanford C. Bernstein upped their price target on shares of APA from $22.00 to $26.00 and gave the company a “market perform” rating in a report on Friday, November 21st. BMO Capital Markets raised their target price on APA from $28.00 to $30.00 and gave the stock a “market perform” rating in a research note on Monday, October 13th. Finally, The Goldman Sachs Group boosted their price target on APA from $19.00 to $21.00 and gave the company a “sell” rating in a report on Thursday, November 20th. Five equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $25.90.

APA Stock Up 1.7%

APA opened at $25.10 on Monday. APA has a 12 month low of $13.58 and a 12 month high of $25.83. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.62. The business’s 50-day moving average price is $23.75 and its 200-day moving average price is $21.25. The company has a market cap of $8.90 billion, a P/E ratio of 8.39, a P/E/G ratio of 6.28 and a beta of 1.12.

APA (NASDAQ:APA) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.19. APA had a net margin of 10.53% and a return on equity of 20.98%. The business had revenue of $2.12 billion during the quarter, compared to the consensus estimate of $2.06 billion. During the same period in the previous year, the firm posted $1.00 earnings per share. The firm’s revenue for the quarter was down 16.4% on a year-over-year basis.

APA Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Investors of record on Wednesday, October 22nd were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, October 22nd. This represents a $1.00 annualized dividend and a yield of 4.0%. APA’s payout ratio is presently 24.04%.

Institutional Investors Weigh In On APA

A number of institutional investors have recently modified their holdings of the stock. Pacific Heights Asset Management LLC increased its holdings in shares of APA by 33.3% in the 2nd quarter. Pacific Heights Asset Management LLC now owns 400,000 shares of the company’s stock worth $7,316,000 after purchasing an additional 100,000 shares in the last quarter. Fifth Third Bancorp grew its position in APA by 98.7% during the second quarter. Fifth Third Bancorp now owns 51,924 shares of the company’s stock valued at $950,000 after buying an additional 25,787 shares during the period. Lynx Investment Advisory purchased a new stake in shares of APA in the 1st quarter worth $415,000. CWM LLC increased its position in APA by 195.7% in the second quarter. CWM LLC now owns 38,310 shares of the company’s stock worth $701,000 after buying an additional 25,356 shares in the last quarter. Finally, Bayforest Capital Ltd raised its stake in APA by 1,576.6% during the 1st quarter. Bayforest Capital Ltd now owns 18,979 shares of the company’s stock worth $399,000 after acquiring an additional 17,847 shares during the period. 83.01% of the stock is owned by hedge funds and other institutional investors.

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.