Throughout the last three months, 10 analysts have evaluated APA APA, offering a diverse set of opinions from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 1 | 4 | 1 | 0 |
| Last 30D | 0 | 0 | 0 | 1 | 0 |
| 1M Ago | 1 | 0 | 1 | 0 | 0 |
| 2M Ago | 1 | 1 | 2 | 0 | 0 |
| 3M Ago | 2 | 0 | 1 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $43.7, a high estimate of $61.00, and a low estimate of $33.00. This current average has decreased by 10.21% from the previous average price target of $48.67.
Investigating Analyst Ratings: An Elaborate Study
The perception of APA by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| 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 |
| Biju Perincheril | Susquehanna | Lowers | Positive | $50.00 | $53.00 |
| John Freeman | Raymond James | Lowers | Strong Buy | $43.00 | $44.00 |
| Mark Lear | Piper Sandler | Lowers | Neutral | $36.00 | $42.00 |
| Paul Cheng | Scotiabank | Lowers | Sector Perform | $37.00 | $43.00 |
| John Freeman | Raymond James | Lowers | Strong Buy | $44.00 | $61.00 |
| Neal Dingmann | Truist Securities | Raises | Buy | $61.00 | $59.00 |
| Charles Meade | Johnson Rice | Announces | Hold | $40.00 | - |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to APA. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of APA compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of APA's stock. This analysis reveals shifts in analysts' expectations over time.
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.
Get to Know APA Better
Based in Houston, APA is an independent exploration and production company. It operates primarily in the U.S., 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).
Financial Milestones: APA's Journey
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: APA's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -12.34%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Energy sector.
Net Margin: APA's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 81.82%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 94.99%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 12.32%, the company showcases effective utilization of assets.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 2.0, caution is advised due to increased financial risk.
Understanding the Relevance of Analyst Ratings
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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