13 Analysts Have This To Say About APA
Portfolio Pulse from Benzinga Insights
In the last three months, 13 analysts have published diverse ratings on APA Corp (NASDAQ:APA), with an average 12-month price target of $44.08, down from $50.36. Analysts' actions include lowering and raising price targets and maintaining ratings. APA's financials show a revenue decline of -20.06% over 3 months, a high net margin of 19.89%, an ROE of 51.37%, and an ROA of 3.43%, but a high debt-to-equity ratio of 5.28.
January 24, 2024 | 2:00 pm
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NEUTRAL IMPACT
Analysts have mixed opinions on APA, with recent actions including both downgrades and upgrades of price targets. Financials indicate strong profitability but high debt levels and a significant revenue decline.
The mixed analyst ratings and revised price targets suggest uncertainty, which could lead to a neutral short-term impact on APA's stock price. The strong profitability indicators like high net margin and ROE could be seen positively by investors, while the high debt-to-equity ratio and revenue decline may raise concerns. The overall impact is likely to be neutral as positive and negative factors may balance each other out.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100