Apache (NYSE:APA) Target Raised by UBS Group AG to $15.00

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Apache stock has undergone multiple analysts rating changes in the recent past.  Apache stock Target Raised by   UBS Group AG on 6/29/2020. In a note to investors, the firm issued a new target price of $15.00. The analysts previously had $4.50 target price. UBS Group AG’s price target would indicate a potential upside of 14.94% from the stock’s previous close.

Shares of Apache traded up $0.08 on Monday, reaching $13.33. 8668763 shares of the stock traded hands, compared to its average volume of 17456749. Shares of were trading at $13.33 on Monday. The firm’s 50 day moving average is $12.45 and its 200 day moving average is 19.22.Apache  has a 12 month low of $12.92 and a 12 month high of $33.77. While on yearly highs and lows, Apache today has traded high as $13.46 and has touched $12.92 on the downward trend.

Apache Earnings and What to expect: 

Apache last announced its earnings results on May 6th, 2020. The energy company reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates of ($0.33) by $0.20. The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.30 billion. Its revenue for the quarter was down 22.8% compared to the same quarter last year. Apache has generated $0.00 earnings per share over the last year. Apache has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, July 29th, 2020 based off prior year’s report dates.

Earnings for Apache are expected to grow in the coming year, from ($2.51) to ($1.52) per share. The P/E ratio of Apache is -0.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Apache is -0.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Apache has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 0.71%
  • On 4/6/2020 Insider P Anthony Lannie Buy 32,942 at average share price of $6.52 which equates to $214,781.84 in money value.
  • On 11/14/2019 Insider Wheals Rob Buy 4,505 at average price of  $11.06 with total value of : Not Data Available
  • On 8/7/2019 Director John E Lowe Buy 5,000 at average price of  $21.83 with total value of : $109,150.00
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Apache

  • 6/19/2020 – Apache had its price target raised by analysts at Mizuho from $10.00 to $17.00. ()
  • 6/19/2020 – Apache had its price target raised by analysts at SunTrust Banks, Inc. from $11.00 to $15.00. They now have a “hold” rating on the stock. ()
  • 6/15/2020 – Apache was upgraded by analysts at Citigroup Inc from a “neutral” rating to a “buy” rating. They now have a $18.00 price target on the stock, up previously from $13.00. ()
  • 6/3/2020 – Apache had its price target raised by analysts at Barclays PLC from $8.00 to $13.00. They now have an “equal weight” rating on the stock. ()
  • See More Analyst Rating at: RATING

Other rating updates by UBS Group AG: 

  • 6/29/2020 – Berry Petroleum had its price target raised by analysts at UBS Group AG from $4.50 to $7.00. They now have a “buy” rating on the stock. ()
  • 6/29/2020 – Continental Resources had its price target raised by analysts at UBS Group AG from $7.00 to $16.00. They now have a “neutral” rating on the stock. ()
  • 6/29/2020 – ConocoPhillips had its price target raised by analysts at UBS Group AG from $50.00 to $62.00. They now have a “buy” rating on the stock. ()
  • 6/29/2020 – Concho Resources had its price target raised by analysts at UBS Group AG from $74.00 to $99.00. They now have a “buy” rating on the stock. ()
  • See More Analyst Rating at: RATING

Apache (NYSE:APA) Moving Average Technical Analysis

5 day Moving Average is $13.5 And 5 day price change is -0.91 (-6.37%)  with average volume for 5 day average is 10,568,808. While technical analysis for average 20 days shows significant difference, 20 day moving average is  14.1 and 20 day price change is 1.64 (0.1398) and average 20 day moving volume is 15,468,117. 50 day moving average is 12.45  and 50 day price change is 4.88 ( 0.5748)  and with average volume for 50 days is : 19,963,859. 200 day moving average is 19.22  and 200 day price change is -10.47 (-43.92%)  and with average volume for 200 days is : 12,698,731.

See More Analyst Rating at: RATING