Earnings Alerts

APA Group (APA) Earnings Forecast Steady with Distribution at A$0.57 and Ebitda Between A$1.96B – A$2.02B

By October 24, 2024 No Comments
  • APA Group confirms its forecasted distribution per share remains at A$0.57 for the fiscal year.
  • The company’s underlying earnings before interest, tax, depreciation, and amortization (Ebitda) is projected to be between A$1.96 billion and A$2.02 billion.
  • APA’s expansion plans for the east coast gas grid are progressing well, with further evaluations expected in the coming months.
  • Analyst recommendations include 5 buys, 6 holds, and 1 sell for APA Group shares.
  • Comparisons to past results are based on values reported from the company’s original disclosures.

APA Group on Smartkarma

Analysts on Smartkarma are closely watching APA Group, a company attracting interest due to Unisuper’s plan to raise A$500m by trimming its stake. Clarence Chu, in his report titled “APA Group Placement – While the Overhang Remains, Selldown Appears Well Flagged,” highlights the significant size of the deal and its potential impact on the stock. Chu’s bullish sentiment suggests optimism despite the overhang concern.

Chu’s analysis delves into the details of the deal, providing insights on deal dynamics and assessing the implications for APA Group. As a top independent analyst on Smartkarma, Chu’s research offers investors valuable perspectives on the investment opportunity presented by the stake trim. Investors can leverage this research to make informed decisions regarding APA Group amidst the unfolding developments in the market.


A look at APA Group Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth5
Resilience2
Momentum3
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

APA Group, a natural gas infrastructure company with operations across Australia, has received a mixed assessment based on the Smartkarma Smart Scores. While the company excels in dividend and growth potential with top scores of 5 in both categories, it faces challenges in terms of value and resilience, scoring 3 and 2, respectively. This indicates a solid outlook for investors seeking stable dividends and long-term growth, although caution may be warranted due to lower scores in value and resilience factors.

APA Group‘s diverse gas transmission and distribution assets, covering all states and territories in mainland Australia, position it as a key player in the energy infrastructure sector. With a strong focus on delivering consistent dividends and growth opportunities, investors can find appeal in APA Group‘s business model despite some concerns regarding its overall value proposition and resilience in the market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Analytics and News
  • ✓ Events & Webinars