Advantage Energy Ltd. (TSE:AAV - Free Report) NYSE: AAV - Investment analysts at Atb Cap Markets cut their FY2024 earnings estimates for shares of Advantage Energy in a research report issued on Tuesday, February 25th. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings of $0.20 per share for the year, down from their prior forecast of $0.27. 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 $0.17 EPS, Q4 2024 earnings at $0.17 EPS, FY2024 earnings at $0.20 EPS, FY2025 earnings at $1.16 EPS, FY2025 earnings at $1.16 EPS, FY2027 earnings at $1.62 EPS and FY2027 earnings at $1.62 EPS.
Several other research firms have also recently commented on AAV. BMO Capital Markets increased their target price on Advantage Energy from C$12.00 to C$13.00 in a research note on Tuesday, January 14th. National Bank Financial upgraded shares of Advantage Energy from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 20th. National Bankshares raised Advantage Energy from a "sector perform" rating to an "outperform" rating and boosted their price objective for the company from C$11.50 to C$15.00 in a report on Thursday, January 30th. Finally, CIBC lifted their target price on Advantage Energy from C$11.00 to C$11.50 in a research report on Friday, January 17th. Two analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$13.85.
Read Our Latest Analysis on AAV
Advantage Energy Stock Up 2.2 %
Shares of TSE:AAV traded up C$0.21 during trading on Friday, hitting C$9.75. The company's stock had a trading volume of 414,376 shares, compared to its average volume of 451,112. Advantage Energy has a fifty-two week low of C$8.27 and a fifty-two week high of C$11.73. The stock's 50-day moving average price is C$9.70 and its two-hundred day moving average price is C$9.33. The company has a debt-to-equity ratio of 41.40, a quick ratio of 0.72 and a current ratio of 0.75. The company has a market capitalization of C$1.62 billion, a PE ratio of 35.51, a PEG ratio of -3.58 and a beta of 1.46.
Insider Buying and Selling
In other Advantage Energy news, Senior Officer Geoffrey Keyser bought 3,000 shares of the business's stock in a transaction on Wednesday, January 29th. The shares were purchased at an average price of C$9.10 per share, with a total value of C$27,300.00. Corporate insiders own 1.55% of the company's stock.
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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