APA Corp (US)
Change company Symbol lookup
Select an option...
APA APA Corp (US)
CHI Calamos Convertible Opportunities and Income Fund
AAPL Apple Inc
ESI Element Solutions Inc
STXB Spirit of Texas Bancshares Inc
ED Consolidated Edison Inc
SNAP Snap Inc
THQ Tekla Healthcare Opportunities Fund
TGIOY Tung Ho Steel Enterprise Corp
RETA Reata Pharmaceuticals Inc
Go

Energy : Oil, Gas & Consumable Fuels | Mid Cap Value
Company profile

APA Corporation is an energy holding company. The Company operates through its subsidiaries: Apache Corporation and APA Corporation Suriname. It explores for and produces oil and gas. The Company's production segments include in the United States, Egypt's Western Desert and the United Kingdom's North Sea and Suriname. The Company's United States operations and interests are focused in the Permian Basin. The Company also includes assets in the East Texas Eagle Ford/Austin Chalk, the Gulf Coast and the Gulf of Mexico. Egypt includes onshore conventional assets located in Egypt's Western Desert; and the North Sea, which includes offshore assets based in the United Kingdom. Suriname includes offshore exploration activities.

Postmarket

Last Trade
Delayed
$0.00
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$27.08
Day's Change
0.18 (0.67%)
Bid close
--
Ask close
--
B/A Size
--
Day's High
27.18
Day's Low
26.44
Volume
(Average)
Volume:
9,682,590

10-day average volume:
10,049,673
9,682,590

These 15 stocks of retailers are expected to rise up to 97% over the next year

7:21 am ET August 24, 2021 (MarketWatch)
Print

By Philip van Doorn

Amazon is one of five that also make the list of those retailers expected to increase sales the fastest

With so many challenges for traditional retailers, investors can be forgiven for giving up on the entire sector. But there is money to be made if you focus on innovative sellers and maybe even on traditional brick-and-mortar retailers that are cleaning up their acts.

Below are two lists of stocks of retailers, broadly defined by FactSet to include specialized companies such as Vroom Inc. (VRM) and Carvana Co. (CVNA), which sell (and buy) used cars online. The first list includes 15 stocks that analysts expect to rise the most over the next year, and the second list shows companies expected to increase their sales the most over the next two years.

Two retailers that didn't make either list are Macy's Inc. (M) and Target Corp. (TGT). Both are worth watching, although investors with shorter-term horizons may find them pricey.

Shares of Macy's had nearly doubled for 2021 through last week. The stock popped 20% on Aug. 19, after the company reported (https://www.marketwatch.com/story/macys-beats-expectations-raises-guidance-and-announces-new-share-repurchase-program-2021-08-19?mod=mw_quote_news) a 61% increase in comparable-store quarterly sales from a year earlier, established a quarterly dividend (https://www.marketwatch.com/story/macys-new-dividend-makes-it-a-top-5-yielder-among-retail-peers-2021-08-19?mod=mw_quote_news&mod=article_inline) and announced an expanded partnership (https://www.marketwatch.com/story/macys-partnership-with-toys-r-us-is-part-of-a-merchandise-strategy-that-has-worked-for-target-11629401605) with WHP Global to sell more Toys 'R' Us items in its stores. The stock closed at $22.39 on Aug. 20 -- a penny above the consensus 12-month price target among analysts polled by FactSet. Of course, analysts can change their estimates in light of recent news.

Target's stock is up 49% this year. The company also reported a much-improved second quarter (https://www.marketwatch.com/story/target-earnings-and-revenue-beat-expectations-11629283071) and expanded its partnership (https://www.marketwatch.com/story/target-prepares-for-the-holidays-with-expanded-disney-partnership-more-toy-exclusives-11629717900) with Walt Disney Co. (DIS). Target's shares closed at $253.40 on Aug. 20, 10% below the consensus price target of $277.66.

Analysts' favorite retail stocks

Starting with the Russell 3000 Index , there are 124 stocks of companies in retail industries, according to FactSet's industry group descriptions. These include online retailers such as Amazon.com Inc. (AMZN) and the direct used-auto retailers mentioned above.

Among those stocks, 77 have stock-market values of at least $1 billion, are covered by at least five analysts polled by FactSet and have consensus sales and earnings estimates available through 2023.

Here are the 15 stocks with majority "buy" or equivalent ratings that the analysts believe have the most upside potential over the next year:

Company  Share "buy" ratings  Closing price -- Aug. 20  Consensus price target  Implied 12-month upside potential 
Vroom Inc. VRM  67%  $25.02  $49.25  97% 
RealReal Inc. REAL  67%  $12.35  $24.31  97% 
Overstock.com Inc. OSTK  100%  $69.58  $127.60  83% 
ChargePoint Holdings Inc. Class A CHPT  88%  $21.26  $36.00  69% 
Group 1 Automotive Inc. GPI  67%  $159.01  $251.40  58% 
Leslie's Inc. LESL  75%  $22.59  $32.64  44% 
Lithia Motors Inc. LAD  64%  $328.51  $468.83  43% 
IAA Inc. IAA  90%  $51.71  $72.38  40% 
Abercrombie & Fitch Co. Class A ANF  58%  $38.02  $52.11  37% 
Tapestry Inc. TPR  62%  $40.58  $54.89  35% 
Capri Holdings Ltd. CPRI  61%  $54.33  $72.35  33% 
Sonic Automotive Inc. Class A SAH  56%  $50.25  $65.71  31% 
Amazon.com Inc. AMZN  98%  $3,199.95  $4,164.30  30% 
Hibbett Inc. HIBB  83%  $85.14  $110.67  30% 
American Eagle Outfitters Inc. AEO  64%  $32.37  $41.31  28% 
Source: FactSet 

You can click on the tickers for more about each company, including business profiles, news coverage and price ratios.

Using the same order, here are sales estimates for the group through 2023:

Company  Expected two-year sales increase  Estimated revenue -- 2021  Estimated revenue -- 2022  Estimated revenue -- 2023 
Vroom Inc. VRM  117%  $3,060  $4,514  $6,652 
RealReal Inc. REAL  65%  $447  $592  $736 
Overstock.com Inc. OSTK  17%  $2,830  $3,186  $3,321 
ChargePoint Holdings Inc. Class A CHPT  175%  $200  $328  $550 
Group 1 Automotive Inc. GPI  11%  $13,480  $14,680  $15,025 
Leslie's Inc. LESL  14%  $1,342  $1,442  $1,536 
Lithia Motors Inc. LAD  41%  $21,902  $26,515  $30,801 
IAA Inc. IAA  15%  $1,706  $1,781  $1,962 
Abercrombie & Fitch Co. Class A ANF  4%  $3,680  $3,847  $3,841 
Tapestry Inc. TPR  11%  $6,066  $6,531  $6,725 
Capri Holdings Ltd. CPRI  24%  $5,017  $5,752  $6,205 
Sonic Automotive Inc. Class A SAH  34%  $12,390  $14,196  $16,569 
Amazon.com Inc. AMZN  38%  $476,170  $563,466  $657,295 
Hibbett Inc. HIBB  13%  $1,504  $1,581  $1,706 
American Eagle Outfitters Inc. AEO  17%  $4,917  $5,355  $5,742 
Source: FactSet 

The estimates are for calendar years, but note that many retailers' fiscal years don't match the calendar.

Also using the same list, here are estimates for earnings per share through 2023:

Company  Expected two-year EPS change  Estimated EPS -- 2021  Estimated EPS -- 2022  Estimated EPS -- 2023 
Vroom Inc. VRM  N/A  -$2.50  -$2.45  -$2.24 
RealReal Inc. REAL  N/A  -$2.05  -$1.35  -$1.00 
Overstock.com Inc. OSTK  -4%  $2.56  $2.73  $2.46 
ChargePoint Holdings Inc. Class A CHPT  N/A  -$1.23  -$0.42  -$0.23 
Group 1 Automotive Inc. GPI  -19%  $30.30  $28.09  $24.61 
Leslie's Inc. LESL  16%  $0.85  $0.90  $0.98 
Lithia Motors Inc. LAD  -2%  $33.22  $31.61  $32.59 
IAA Inc. IAA  19%  $2.33  $2.44  $2.76 
Abercrombie & Fitch Co. Class A ANF  -10%  $3.16  $3.18  $2.85 
Tapestry Inc. TPR  22%  $3.17  $3.55  $3.85 
Capri Holdings Ltd. CPRI  53%  $3.93  $5.17  $5.99 
Sonic Automotive Inc. Class A SAH  7%  $7.03  $7.37  $7.52 
Amazon.com Inc. AMZN  74%  $53.15  $67.39  $92.34 
Hibbett Inc. HIBB  13%  $8.89  $8.88  $10.04 
American Eagle Outfitters Inc. AEO  34%  $1.97  $2.33  $2.63 
Source: FactSet 

For three of the companies, the expected two-year change in EPS is "N/A" because estimated earnings for 2021 or 2023, or both, are negative.

Fastest expected sales increases

Starting again with the 77 retailers that have market capitalizations of at least $1 billion and are covered by at least five analysts polled by FactSet, here are the 15 expected to increase their sales the most over the next two years:

Company  Expected two-year sales increase  Estimated revenue -- 2021  Estimated revenue -- 2022  Estimated revenue -- 2023 
ChargePoint Holdings Inc. Class A CHPT  175%  $200  $328  $550 
Vroom Inc. VRM  117%  $3,060  $4,514  $6,652 
Carvana Co. Class A CVNA  76%  $11,775  $15,468  $20,680 
RealReal Inc. REAL  65%  $447  $592  $736 
Revolve Group, Inc Class A RVLV  47%  $818  $1,004  $1,206 
Etsy Inc. ETSY  47%  $2,280  $2,747  $3,351 
Floor & Decor Holdings Inc. Class A FND  46%  $3,339  $4,007  $4,874 
Five Below Inc. FIVE  41%  $2,717  $3,264  $3,841 
Stitch Fix Inc. Class A SFIX  41%  $2,240  $2,622  $3,161 
Lithia Motors Inc. LAD  41%  $21,902  $26,515  $30,801 
Wayfair Inc. Class A W  39%  $14,393  $17,228  $20,049 
Amazon.com Inc. AMZN  38%  $476,170  $563,466  $657,295 
Lululemon Athletica Inc. LULU  37%  $5,804  $6,877  $7,963 
Sonic Automotive Inc. Class A SAH  34%  $12,390  $14,196  $16,569 
Ollie's Bargain Outlet Holdings Inc. OLLI  26%  $1,868  $2,088  $2,363 
Source: FacSet 

Only five companies make both this list and that with the most implied upside potential for their stock price: ChargePoint Holdings Inc. (CHPT), Vroom, RealReal Inc. (REAL), Lithia Motors Inc. (LAD), Amazon and Sonic Automotive Inc. (SAH).

Here are EPS estimates for the list of best expected sales growers, using the same order as those with the fastest expected sales growth:

Company  Expected two-year earnings increase  Estimated EPS -- 2021  Estimated EPS -- 2022  Estimated EPS -- 2023 
ChargePoint Holdings Inc. Class A CHPT  N/A  -$1.23  -$0.42  -$0.23 
Vroom Inc. VRM  N/A  -$2.50  -$2.45  -$2.24 
Carvana Co. Class A CVNA  N/A  -$1.12  -$0.30  $1.70 
RealReal Inc. REAL  N/A  -$2.05  -$1.35  -$1.00 
Revolve Group, Inc Class A RVLV  46%  $1.02  $1.19  $1.49 
Etsy Inc. ETSY  62%  $3.03  $3.52  $4.90 
Floor & Decor Holdings Inc. Class A FND  45%  $2.46  $2.88  $3.56 
Five Below Inc. FIVE  45%  $4.57  $5.60  $6.64 
Stitch Fix Inc. Class A SFIX  N/A  -$0.42  -$0.24  $0.43 
Lithia Motors Inc. LAD  -2%  $33.22  $31.61  $32.59 
Wayfair Inc. Class A W  113%  $3.27  $4.74  $6.97 
Amazon.com Inc. AMZN  74%  $53.15  $67.39  $92.34 
Lululemon Athletica Inc. LULU  50%  $6.73  $8.33  $10.08 
Sonic Automotive Inc. Class A SAH  7%  $7.03  $7.37  $7.52 
Ollie's Bargain Outlet Holdings Inc. OLLI  23%  $2.93  $3.24  $3.61 
Source: FactSet 

Here's a summary of analysts' opinion about the list of best expected sales growers, also in the same order:

Company  Share "buy" ratings  Closing price -- Aug. 20  Consensus price target  Implied 12-month upside potential 
ChargePoint Holdings Inc. Class A CHPT  88%  $21.26  $36.00  69% 
Vroom Inc. VRM  67%  $25.02  $49.25  97% 
Carvana Co. Class A CVNA  58%  $349.76  $379.09  8% 
RealReal Inc. REAL  67%  $12.35  $24.31  97% 
Revolve Group, Inc Class A RVLV  71%  $57.68  $70.67  23% 
Etsy Inc. ETSY  76%  $199.27  $215.93  8% 
Floor & Decor Holdings Inc. Class A FND  87%  $117.75  $136.36  16% 
Five Below Inc. FIVE  67%  $225.11  $232.70  3% 
Stitch Fix Inc. Class A SFIX  38%  $39.71  $62.13  56% 
Lithia Motors Inc. LAD  64%  $328.51  $468.83  43% 
Wayfair Inc. Class A W  50%  $290.52  $324.64  12% 
Amazon.com Inc. AMZN  98%  $3,199.95  $4,164.30  30% 
Lululemon Athletica Inc. LULU  67%  $397.83  $401.63  1% 
Sonic Automotive Inc. Class A SAH  56%  $50.25  $65.71  31% 
Ollie's Bargain Outlet Holdings Inc. OLLI  50%  $82.70  $98.00  19% 
Source: FactSet 

2021-08-24 11:21:00 GMT MW These 15 stocks of retailers are expected to -2-

If you see any stocks of interest here, you should do your own research and form your own opinion about the companies' long-term strategies before considering an investment.

Don't miss:These stocks can defend your investment portfolio from inflation (https://www.marketwatch.com/story/these-stocks-can-defend-your-investment-portfolio-from-inflation-11629462172)

-Philip van Doorn

	

(END) Dow Jones Newswires

August 24, 2021 07:21 ET (11:21 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2021 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., ,, and

Copyright © 2021. All rights reserved.