FY2026 EPS Estimates for TSE:HWX Lifted by Analyst

Headwater Exploration Inc. (TSE:HWX - Free Report) - Stock analysts at Atb Cap Markets increased their FY2026 earnings per share (EPS) estimates for Headwater Exploration in a note issued to investors on Friday, March 14th. Atb Cap Markets analyst A. Arif now forecasts that the company will post earnings of $0.60 per share for the year, up from their prior forecast of $0.57. Atb Cap Markets has a "Strong-Buy" rating on the stock. The consensus estimate for Headwater Exploration's current full-year earnings is $0.63 per share. Atb Cap Markets also issued estimates for Headwater Exploration's FY2027 earnings at $0.47 EPS.

Other analysts have also recently issued reports about the company. Raymond James upgraded Headwater Exploration from a "market perform" rating to an "outperform" rating in a report on Tuesday, January 7th. Desjardins cut Headwater Exploration from a "buy" rating to a "hold" rating and reduced their target price for the company from C$8.25 to C$7.25 in a report on Wednesday. National Bankshares reduced their target price on Headwater Exploration from C$9.50 to C$9.00 and set an "outperform" rating on the stock in a report on Thursday, December 19th. Finally, CIBC set a C$9.00 target price on Headwater Exploration and gave the company an "outperform" rating in a report on Thursday, January 30th. One analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of C$9.21.

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Headwater Exploration Trading Up 1.6 %

Shares of TSE:HWX traded up C$0.10 during midday trading on Monday, hitting C$6.46. 328,164 shares of the stock were exchanged, compared to its average volume of 722,581. The stock has a market capitalization of C$1.53 billion, a price-to-earnings ratio of 8.28, a P/E/G ratio of 0.83 and a beta of 1.55. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.07 and a current ratio of 1.54. The business's 50-day moving average price is C$6.65 and its 200 day moving average price is C$6.68. Headwater Exploration has a 12 month low of C$5.70 and a 12 month high of C$8.57.

Insider Buying and Selling at Headwater Exploration

In other news, Director Phillip R. Knoll sold 5,400 shares of the company's stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of C$6.97, for a total transaction of C$37,638.00. Insiders own 5.08% of the company's stock.

About Headwater Exploration

Headwater Exploration Inc engages in the exploration, development, and production of petroleum and natural gas in Canada. It holds interest in the Marten Hills area located in Alberta, and McCully Field area located in New Brunswick. The company was formerly known as Corridor Resources Inc and changed its name to Headwater Exploration Inc in March 2020.