Analyst Ratings for Apache Corp. (APA)

Updated: 2017-07-28

Analysts covering Apache Corp. (NYSE:APA) have given it a consensus rating of Hold. A consensus rating of Hold was previously issued for APA last month.

3 analysts declared APA a buy, 4 gave an overweight rating, 17 issued a hold rating, 1 issued an underweight rating, and 6 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for APA. The most optimistic price target was 92, which equates to a potential upside of 83.96 percent. The minimum price target given was 30, implying potential capital losses of -40.01 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates downwards for this quarter, by about -93.46 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -96.19 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -48.39 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -62.05 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 8 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY earnings, compared to 8 analysts that revised their FY estimates downwards.

In the trailing 52-weeks, APA hit 69.00 at the highest peak, while it's lowest trading point was 44.60. The current market price is above the trailing year's low by 12.13 percent, and 27.52 percent below the high. APA has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The APA value stock report compares APA to some of its peers using value stock charts. The stock has a market capitalization of $19.1 billion. APA's next earnings release will be on 0000-00-00, which is days away.