APA Corporation (APA) Stock Forecast & Predictions

APA Corporation APA: $16.975

, , , . | Sector: | Exchange: NASDAQ/NGS (GLOBAL SELECT MARKET) | Web:

  • Market Cap$6.73B
  • Change (52 Weeks)-8.74%
  • Low (52 Weeks)$17.1
  • APA Corporation (APA) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 25.00% on Sell, and 50.00% Neutral.

    According to the market data, APA Corporation (APA) stock price is $16.975 and the 52 weeks low is $16.755, which means the APA Corporation stock price is down -8.74% in the last 12 months.

    APA Corporation (APA) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that APA Stock price might rise further, 25.00% indicating that APA Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall APA stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    APA Corporation (APA) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for APA Corporation (APA) is based on 34 Institutional Analyst Ratings where 32.35% are on Strong Buy, 17.65% on Moderate Buy, 50.00% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 34 Institutional Analysts, majority recommended APA stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of APA Corporation.

    APA Corporation (APA) Stock Price Prediction By Analysts


    HighLowAverage
    $39.90$11.11$23.84
    $23.8440.46% Upside
    Updated: 2021-04-12 00:00:00

    The Average Price target for APA set by the institutional analysts is $23.84 where High Estimate is $39.90, Median $23.46 and Low $11.11.

    The average price target for APA by Institutional Analysts is $23.84, which is 40.46% Upside from the current price. So according to the Institutional Analysts, APA Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    APA Corporation (APA) Stock Forecast Based on News Sentiment


    Bearish
    Based on 29 articles published Last Week, where 12.50% are Bullish and 87.50% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked negatively about APA, it shows that APA Corporation had a 87.50% negative news coverage.

    Negative news coverage usually affects short-term price of a stock, so this negative coverage provides an indication that APA stock price may go down in the next few weeks.

    APA Corporation (APA) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    SusquehannaPositiveUpgraded
    KeybancOverweightMaintained
    Truist SecuritiesHoldDowngraded
    Morgan StanleyOverweightUpgraded
    KeyBancOverweightMaintained
    BernsteinMarket PerformDowngraded
    Credit SuisseNeutralMaintained
    Raymond JamesStrong BuyUpgraded
    KeyBancOverweightMaintained
    Truist SecuritiesBuyUpgraded
    BarclaysOverweightUpgraded
    Morgan StanleyEqual-WeightMaintained
    Raymond JamesOutperformMaintained
    KeyBancOverweightMaintained
    B of A SecuritiesBuyMaintained
    Evercore ISI GroupOutperformUpgraded
    Morgan StanleyEqual-WeightMaintained
    Piper SandlerNeutralMaintained
    StifelBuyUpgraded
    JP MorganOverweightUpgraded
    Raymond JamesOutperformUpgraded
    KeyBancOverweightMaintained
    ScotiaBankSector PerformMaintained
    UBSNeutralMaintained
    SunTrust Robinson HumphreyHoldMaintained
    CitigroupBuyUpgraded
    BarclaysEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    CFRASellDowngraded
    Credit SuisseNeutralMaintained
    MizuhoNeutralMaintained
    B of A SecuritiesBuyMaintained
    SunTrust Robinson HumphreyHoldMaintained
    CFRAHoldMaintained
    UBSNeutralUpgraded
    KeyBancOverweightMaintained
    MKM PartnersBuyUpgraded
    Raymond JamesMarket PerformDowngraded
    SusquehannaNeutralDowngraded
    Morgan StanleyEqual-WeightMaintained
    SunTrust Robinson HumphreyHoldDowngraded
    StifelBuyMaintained
    CFRAHoldMaintained
    Stifel NicolausBuyMaintained
    KeyBancOverweightUpgraded
    Raymond JamesOutperformMaintained
    SusquehannaPositiveInitiated
    Morgan StanleyEqual-WeightUpgraded
    BarclaysEqual-WeightUpgraded
    StifelBuyUpgraded
    JP MorganNeutralUpgraded
    Bank of AmericaBuyUpgraded
    Credit SuisseNeutralMaintained
    BarclaysUnderweightMaintained
    KeyBancSector WeightInitiated
    Bank of AmericaNeutralUpgraded
    Raymond JamesOutperformMaintained
    Mitsubishi UFJNeutralDowngraded
    Morgan StanleyUnderweightMaintained
    SunTrust Robinson HumphreyBuyInitiated
    CitigroupNeutralMaintained
    MKM PartnersNeutralInitiated
    CitigroupNeutralMaintained
    Bank of AmericaUnderperformMaintained
    Morgan StanleyUnderweightMaintained
    BMO CapitalMarket PerformMaintained
    CitigroupNeutralMaintained
    Credit SuisseNeutralMaintained
    BarclaysUnderweightInitiated
    Seaport GlobalBuyUpgraded
    Morgan StanleyUnderweightMaintained
    CitigroupNeutralMaintained
    Morgan StanleyUnderweightMaintained
    Stephens & Co.OverweightInitiated
    Morgan StanleyUnderweightMaintained
    Stifel NicolausHoldMaintained
    MizuhoNeutralInitiated
    Morgan StanleyUnderweightInitiated
    ArgusBuyUpgraded
    UBSSellInitiated
    CitigroupNeutralMaintained
    Mitsubishi UFJOverweightUpgraded
    Stifel NicolausHoldMaintained
    Credit SuisseNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseNeutralInitiated
    BarclaysUnderweightMaintained
    Bank of AmericaUnderperformMaintained
    Morgan StanleyEqual-WeightMaintained
    BarclaysUnderweightMaintained
    JP MorganUnderweightDowngraded
    CitigroupNeutralMaintained
    CitigroupNeutralMaintained
    Seaport GlobalNeutralDowngraded
    Stifel NicolausHoldInitiated
    BarclaysUnderweightDowngraded
    MacquarieUnderperformDowngraded
    Wells FargoMarket PerformDowngraded
    Mitsubishi UFJNeutralInitiated
    BarclaysEqual-WeightMaintained
    Wolfe ResearchPeer PerformUpgraded
    JefferiesUnderperformMaintained
    Atlantic EquitiesOverweightUpgraded
    CitigroupNeutralMaintained
    Raymond JamesOutperformMaintained
    MacquarieNeutralMaintained
    Deutsche BankHoldMaintained
    CitigroupNeutralMaintained
    BarclaysEqual-WeightMaintained
    CitigroupNeutralDowngraded
    UBSNeutralMaintained
    BarclaysEqual-WeightDowngraded
    CLSAUnderperformInitiated
    iBERIA Capital PartnersSector PerformMaintained
    Scotia Howard WeilOutperformUpgraded
    Wells FargoOutperformUpgraded
    CitigroupBuyMaintained
    Deutsche BankHoldMaintained
    Capital One FinancialEqual-WeightDowngraded
    BernsteinOutperformMaintained
    Credit SuisseNeutralMaintained
    JP MorganNeutralMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    NomuraReduceMaintained
    Bank of AmericaUnderperformDowngraded
    Argus ResearchHoldDowngraded
    ArgusHoldDowngraded
    JP MorganNeutralInitiated
    Credit SuisseNeutralMaintained
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    Raymond JamesOutperformMaintained
    BarclaysOverweightMaintained
    Credit SuisseNeutralMaintained
    BarclaysOverweightMaintained
    Goldman SachsBuyInitiated
    Evercore ISI GroupHoldInitiated
    Deutsche BankHoldMaintained
    RBC CapitalOutperformMaintained
    Cowen & Co.Market PerformInitiated
    JefferiesUnderweightMaintained
    NomuraReduceInitiated
    BMO CapitalMarket PerformInitiated
    CitigroupBuyMaintained
    CitigroupNeutralDowngraded
    Bank of AmericaNeutralUpgraded
    Deutsche BankHoldMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Deutsche BankHoldMaintained
    Imperial CapitalOutperformMaintained
    CitigroupBuyUpgraded
    JP MorganNeutralMaintained
    MizuhoNeutralDowngraded
    OppenheimerOutperformMaintained
    BarclaysOverweightMaintained
    Imperial CapitalOutperformInitiated
    BarclaysOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    BarclaysOverweightMaintained
    Wolfe ResearchPeer PerformInitiated
    Alembic GlobalOverweightUpgraded
    CitigroupNeutralMaintained
    JP MorganNeutralMaintained
    Deutsche BankHoldMaintained
    BarclaysOverweightMaintained
    Deutsche BankHoldMaintained
    Wells FargoMarket PerformDowngraded
    JP MorganNeutralInitiated
    BarclaysOverweightMaintained
    Deutsche BankHoldDowngraded
    Deutsche BankBuyMaintained
    KLR GroupBuyInitiated
    Deutsche BankBuyMaintained
    Argus ResearchBuyMaintained
    ArgusBuyMaintained
    Credit SuisseNeutralDowngraded
    Scotia Howard WeilSector PerformDowngraded
    CitigroupNeutralDowngraded
    CitigroupNeutralDowngraded
    Deutsche BankBuyMaintained
    ISI GroupNeutralDowngraded
    Credit SuisseOutperformMaintained
    UBSNeutralDowngraded
    ISI GroupBuyDowngraded
    iBERIA Capital PartnersSector PerformInitiated
    MizuhoBuyUpgraded
    Johnson RiceOverweightUpgraded
    RBC CapitalOutperformUpgraded
    GuggenheimNeutralDowngraded
    Stifel NicolausHoldDowngraded
    Argus ResearchBuyUpgraded
    ArgusBuyUpgraded
    Deutsche BankBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    ISI GroupStrong BuyInitiated
    OppenheimerMarket PerformDowngraded
    JP MorganNeutralDowngraded
    SusquehannaPositiveInitiated
    Global Hunter SecuritiesNeutralDowngraded
    Credit SuisseOutperformMaintained
    UBSBuyMaintained
    JP MorganOverweightMaintained
    Deutsche BankHoldDowngraded
    BairdNeutralDowngraded
    Morgan StanleyEqual-WeightInitiated
    UBSBuyMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    JP MorganOverweightMaintained
    BarclaysOverweightMaintained
    UBSBuyMaintained
    Credit SuisseOutperformMaintained
    JP MorganOverweightMaintained
    Deutsche BankBuyMaintained
    BarclaysOverweightMaintained
    UBSBuyMaintained
    GuggenheimBuyMaintained
    Deutsche BankBuyMaintained
    Deutsche BankBuyMaintained
    JP MorganOverweightMaintained
    Global Hunter SecuritiesBuyInitiated
    GuggenheimBuyMaintained
    ScotiabankSector PerformMaintained

    APA Corporation (APA) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.461
    The average consensus EPS for APA is $0.461 with a high estimate of $1.087 and Low of $-0.039 for the period 2021-06-30 and based on 24 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $-0.16$-0.35584322020-09-30


    The latest average Earning Per Share Estimate for APA Corporation is $0.46, which is higher than APA's last EPS, $-0.16. This means that Analysts are expecting APA Corporation to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of APA Corporation.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $-0.16$-0.35584322020-09-30
    $-0.74$-1.02054442020-06-30
    $-0.13$-0.33767332020-03-31
    $0.08$-0.06253922019-12-31
    $-0.29$-0.18895082019-09-30
    $0.11$0.0634282019-06-30
    $0.1$0.11784682019-03-31
    $0.31$0.24097592018-12-31
    $0.63$0.4762152018-09-30
    $0.5$0.39300112018-06-30
    $0.32$0.3017882018-03-31
    $0.33$0.21855392017-12-31
    $0.04$-0.06385222017-09-30
    $-0.21$-0.00937282017-06-30
    $0.08$0.12841142017-03-31
    $-0.06$0.06894262016-12-31
    $-0.03$-0.1387742016-09-30
    $-0.26$-0.15225752016-06-30
    $-0.4$-0.90267742016-03-31
    $-0.06$-0.48928442015-12-31
    $-0.05$-0.3626912015-09-30
    $0.22$-0.26304442015-06-30
    $-0.37$-0.57906330000000012015-03-31
    $1.07$0.7710342014-12-31
    $1.38$1.39216379999999982014-09-30
    $1.67$1.671552014-06-30
    $1.78$1.63284679999999982014-03-31
    $1.57$1.81221270000000012013-12-31
    $2.32$2.16681360000000022013-09-30
    $2.01$2.02983742013-06-30
    $2.02$2.23150412013-03-31
    $2.27$2.32670672012-12-31
    $2.16$2.28641782012-09-30
    $2.07$2.541162012-06-30
    $3$3.12323309999999982012-03-31
    $2.94$2.894662011-12-31
    $2.95$2.81196120000000032011-09-30
    $3.22$3.1264552011-06-30
    $2.9$2.61753622011-03-31
    $2.19$2.475512010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).