Zacks Research Estimates APA’s Q4 Earnings (NASDAQ:APA)

APA Corporation (NASDAQ:APA) – Equities researchers at Zacks Research raised their Q4 2026 earnings estimates for shares of APA in a note issued to investors on Friday, September 11th. Zacks Research analyst Team now anticipates that the company will post earnings of $0.53 per share for the quarter, up from their prior estimate of $0.50. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for APA’s current full-year earnings is $5.71 per share. Zacks Research also issued estimates for APA’s Q2 2027 earnings at $0.93 EPS, FY2027 earnings at $3.59 EPS, Q1 2028 earnings at $0.79 EPS and Q2 2028 earnings at $0.75 EPS.

APA has been the topic of several other research reports. Roth Capital set a $39.00 price objective on APA in a research note on Thursday, August 6th. Stifel Nicolaus assumed coverage on APA in a research report on Wednesday, September 9th. They issued a “buy” rating and a $62.00 target price for the company. Wall Street Zen raised APA from a “hold” rating to a “buy” rating in a research report on Saturday, August 22nd. Truist Financial increased their price target on APA from $38.00 to $39.00 and gave the stock a “hold” rating in a research note on Monday, August 10th. Finally, Mizuho upgraded APA to a “strong sell” rating in a research note on Friday, July 31st. Ten equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, APA has a consensus rating of “Hold” and a consensus price target of $42.97.

APA Trading Up 0.7%

Shares of APA stock opened at $45.03 on Tuesday. The company has a 50 day moving average of $39.24 and a 200-day moving average of $37.62. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.47. APA has a 12-month low of $21.63 and a 12-month high of $46.59. The firm has a market cap of $15.78 billion, a P/E ratio of 9.52, a PEG ratio of 0.78 and a beta of 0.37.

APA (NASDAQ:APA) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $1.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.01). The company had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.46 billion. APA had a return on equity of 24.84% and a net margin of 19.48%.During the same quarter last year, the business posted $0.87 EPS.

Institutional Trading of APA

A number of hedge funds and other institutional investors have recently made changes to their positions in APA. Core Capital Management & Research inc. purchased a new stake in APA during the 2nd quarter worth about $5,800,000. The Manufacturers Life Insurance Company increased its position in shares of APA by 3.3% during the second quarter. The Manufacturers Life Insurance Company now owns 258,288 shares of the company’s stock valued at $8,412,000 after buying an additional 8,181 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in shares of APA by 1.9% in the second quarter. Sequoia Financial Advisors LLC now owns 64,862 shares of the company’s stock worth $2,113,000 after buying an additional 1,179 shares in the last quarter. Tidal Investments LLC lifted its holdings in shares of APA by 30.3% in the second quarter. Tidal Investments LLC now owns 276,070 shares of the company’s stock worth $8,992,000 after buying an additional 64,266 shares in the last quarter. Finally, Engineers Gate Manager LP bought a new position in shares of APA in the second quarter valued at approximately $1,468,000. 83.01% of the stock is currently owned by institutional investors.

About APA

APA Corporation (NASDAQ: APA) is an independent energy company engaged in the exploration, development and production of oil, natural gas and natural gas liquids. The company operates through subsidiaries and manages upstream assets spanning exploration, drilling, production and related field-development activities.

APA’s principal producing operations are in the Permian Basin of the United States and in Egypt. The company has also pursued offshore exploration opportunities in Suriname, where it has participated in drilling and appraisal activities in the country’s offshore blocks.