Critical Insights From APA Analyst Ratings: What You Need To Know

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In the preceding three months, 17 analysts have released ratings for APA APA, presenting a wide array of perspectives from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 3 6 3 1
Last 30D 0 1 0 0 0
1M Ago 0 2 5 2 0
2M Ago 3 0 0 1 1
3M Ago 1 0 1 0 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $43.06, a high estimate of $59.00, and a low estimate of $28.00. Surpassing the previous average price target of $43.00, the current average has increased by 0.14%.

Investigating Analyst Ratings: An Elaborate Study

A comprehensive examination of how financial experts perceive APA is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Biju Perincheril Susquehanna Raises Positive $57.00 $54.00
Betty Jiang Barclays Lowers Equal-Weight $38.00 $40.00
William Janela Mizuho Lowers Underperform $32.00 $34.00
Roger Read Wells Fargo Announces Overweight $55.00 -
Biju Perincheril Susquehanna Raises Positive $54.00 $50.00
Mark Lear Piper Sandler Raises Neutral $35.00 $33.00
Devin McDermott Morgan Stanley Announces Underweight $28.00 -
Arun Jayaram JP Morgan Raises Neutral $40.00 $38.00
Betty Jiang Barclays Announces Equal-Weight $40.00 -
Scott Hanold RBC Capital Maintains Sector Perform $45.00 -
Neal Dingmann Truist Securities Lowers Buy $53.00 $59.00
Leo Mariani Roth MKM Raises Buy $39.00 $37.00
Neil Mehta Goldman Sachs Lowers Sell $31.00 $35.00
Neal Dingmann Truist Securities Maintains Buy $59.00 -
William Janela Mizuho Lowers Underperform $34.00 $36.00
Mark Lear Piper Sandler Lowers Neutral $33.00 $36.00
Neal Dingmann Truist Securities Lowers Buy $59.00 $64.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to APA. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of APA compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for APA's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of APA's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on APA analyst ratings.

Delving into APA's Background

Based in Houston, APA is an independent exploration and production company. It operates primarily in the US, Egypt, the North Sea, and Suriname. At year-end 2023, proved reserves totaled 807 million barrels of oil equivalent, with net reported production of 405 thousand boe/day that year (64% of which was oil and natural gas liquids, with the remainder natural gas).

APA's Financial Performance

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Revenue Challenges: APA's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -2.84%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.

Net Margin: APA's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 6.77%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): APA's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.02%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): APA's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.87%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: APA's debt-to-equity ratio surpasses industry norms, standing at 2.03. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

The Core of Analyst Ratings: What Every Investor Should Know

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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