NYSE:APA has had Several Predictions Offered by Brokers for its FY2020 Earnings

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NYSE:APA
NYSE:APA

NYSE:APA saw the EPS for its FY2020 increased by stock analysts working at KeyCorp, as they shared it in one of the research notes that was sent out to all investors on the 19th of October. L. Mariani, one of the analysts at KeyCorp has now predicted that this energy company will be posting an EPS of around $1.02 for this year. The company current shares of KeyCorp have a rating of overweight, with a target price of around $20 on the stock. KeyCorp has also sent out a massive estimate for the Q1 earnings of 2021 for Apache at around $0.21 EPS, the earnings for Q2 has been set at an EPS of $0.19, while the Q3 EPS has been fixed at $0.06, the Q4 at $0.17, and the FY2021 at an EPS of $0.28. 

The Many Research Reports Published About the Stocks of NYSE:APA

There have been several research notes issued about the stocks of this company by several analysts. UBS Group has already increased the target price on the share of NYSE:APA from $4.50 to $15, and gave this energy firm a rating of neutral, in one of the reports issued on the 29th of June. Raymond James, on the other hand, decreased the target price on the Apache shares from $20 to $14, with a rating of ‘outperform’ for this company in a Wednesday report. The shares of NYSE:APA were also raised by Capital One Financial, as the rating moved from ‘equal weight’ to ‘overweight’, with a price target of around $16 for this company in an 11th September report. Scotiabank, too, raised the objective price of this company from $12 to $14, in a research report that was sent out on the 13th of July. JPMorgan Chase & Co also joined the fray with a price objective of around $14.51, moved to $18. One of the analysts has already rated this stock with a rating for ‘sell’, while twelve of them have given it a rating for hold- and ten of them have given this company a rating for buy. Currently, the consensus rating for this company is Hold, while the average price target for this firm has been set at $15.76. 

The Quarterly Earnings Result of NYSE:APA

The NYSE:APA shares had a trade-up of around $0.06 on Thursday- as they reached $9.16. The trading volume for this company’s stock has been at 69,288 shares when compared to the average volume which is 14, 054, 207. The current ratio of the company is 0.94, while the debt-to-equity ratio for the company is 1.92, and the quick ratio is around 0.94. The 12-month low of this company is $3.80, while the 12-month high is $33.77. The simple moving average for NYSE:APA for 50 days is $11.17, while that of the two hundred days is $12.32. This quarterly earnings result of NYSE:APA was last issued on the 29th of July.