Advantage Energy Ltd. (TSE:AAV - Free Report) NYSE: AAV - Equities research analysts at Atb Cap Markets boosted their FY2024 EPS estimates for Advantage Energy in a note issued to investors on Tuesday, December 10th. Atb Cap Markets analyst A. Arif now expects that the company will post earnings of $0.27 per share for the year, up from their prior estimate of $0.24. The consensus estimate for Advantage Energy's current full-year earnings is $1.47 per share. Atb Cap Markets also issued estimates for Advantage Energy's Q4 2024 earnings at $0.24 EPS, Q3 2025 earnings at $0.29 EPS, Q4 2025 earnings at $0.45 EPS, FY2025 earnings at $1.25 EPS and FY2026 earnings at $1.46 EPS.
A number of other research firms also recently issued reports on AAV. Cormark raised shares of Advantage Energy to a "moderate buy" rating in a research report on Monday, September 23rd. National Bank Financial downgraded Advantage Energy from a "strong-buy" rating to a "hold" rating in a report on Tuesday, October 8th. BMO Capital Markets reduced their price target on Advantage Energy from C$13.00 to C$12.00 in a research report on Friday, October 4th. CIBC reaffirmed a "neutral" rating and issued a C$12.00 price objective on shares of Advantage Energy in a research report on Thursday, August 29th. Finally, TD Securities reiterated a "buy" rating and set a C$13.00 price objective on shares of Advantage Energy in a research note on Wednesday, October 9th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, Advantage Energy has an average rating of "Moderate Buy" and an average target price of C$13.21.
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Advantage Energy Trading Down 1.3 %
Shares of Advantage Energy stock traded down C$0.12 during trading hours on Friday, reaching C$8.82. The stock had a trading volume of 343,548 shares, compared to its average volume of 448,925. The firm has a market capitalization of C$1.47 billion, a price-to-earnings ratio of 18.68, a P/E/G ratio of -3.58 and a beta of 1.46. Advantage Energy has a 1 year low of C$8.14 and a 1 year high of C$11.73. The company has a current ratio of 0.76, a quick ratio of 0.72 and a debt-to-equity ratio of 46.86. The firm has a 50 day simple moving average of C$9.06 and a two-hundred day simple moving average of C$9.70.
Advantage Energy (TSE:AAV - Get Free Report) NYSE: AAV last released its quarterly earnings data on Thursday, October 24th. The company reported C($0.04) EPS for the quarter, missing analysts' consensus estimates of C$0.03 by C($0.07). Advantage Energy had a return on equity of 5.02% and a net margin of 16.05%. The firm had revenue of C$144.86 million for the quarter, compared to analyst estimates of C$161.10 million.
Insider Buying and Selling at Advantage Energy
In other news, Director John Festival purchased 20,000 shares of the company's stock in a transaction that occurred on Friday, September 27th. The shares were acquired at an average cost of C$8.94 per share, with a total value of C$178,800.00. Also, Senior Officer Geoffrey Keyser acquired 4,000 shares of Advantage Energy stock in a transaction that occurred on Monday, October 28th. The shares were purchased at an average price of C$8.89 per share, for a total transaction of C$35,540.00. Insiders have purchased 74,047 shares of company stock worth $655,072 in the last ninety days. 1.55% of the stock is owned by insiders.
Advantage Energy Company Profile
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Advantage Energy Ltd., together with its subsidiaries, engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada. Its assets are located approximately 4 to 80 km northwest of the city of Grande Prairie, Alberta.
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