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.

APA was given price targets by several analysts. The most optimistic analyst gave a price target of 92, implying potential capital gains of 83.96 percent. The lowest price target was 30, which equates to a potential downside of -40.01 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -93.46 percent. 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. If we look at the last 90 days instead, we find a net average change of -62.05 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 8 analysts revised their estimates downwards. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 8 analysts made negative revisions to their fiscal year's estimates.

In the last 52-weeks, APA has achieved a high of 69.00 and a low of 44.60. Currently the stock is 12.13 percent higher than its low, and below the high by 27.52 percent. 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 market cap of APA is $19.1 billion. APA will post this quarters earnings in days, on 0000-00-00.