Equities Analysts Set Expectations for TSE:PEY Q1 Earnings

Peyto Exploration & Development Corp. (TSE:PEY - Free Report) - Equities research analysts at Atb Cap Markets increased their Q1 2025 earnings per share estimates for shares of Peyto Exploration & Development in a note issued to investors on Wednesday, March 12th. Atb Cap Markets analyst A. Arif now expects that the company will earn $0.69 per share for the quarter, up from their prior estimate of $0.61. Atb Cap Markets also issued estimates for Peyto Exploration & Development's Q2 2025 earnings at $0.57 EPS, Q4 2025 earnings at $0.76 EPS, FY2025 earnings at $2.64 EPS and FY2026 earnings at $2.69 EPS.

PEY has been the topic of several other reports. CIBC upped their target price on shares of Peyto Exploration & Development from C$17.00 to C$17.50 in a research report on Friday, January 17th. TD Securities raised their price objective on Peyto Exploration & Development from C$19.00 to C$20.00 and gave the company a "buy" rating in a research note on Friday, February 21st. Desjardins lifted their price objective on Peyto Exploration & Development from C$16.50 to C$17.00 and gave the stock a "hold" rating in a report on Thursday. Finally, BMO Capital Markets upped their target price on Peyto Exploration & Development from C$17.50 to C$18.50 in a report on Tuesday, January 14th. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Peyto Exploration & Development currently has a consensus rating of "Buy" and an average price target of C$18.67.

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Peyto Exploration & Development Price Performance

Shares of TSE:PEY traded up C$0.23 on Thursday, reaching C$16.66. 1,084,690 shares of the company were exchanged, compared to its average volume of 866,270. The company has a 50-day moving average of C$16.20 and a 200-day moving average of C$15.77. The company has a current ratio of 1.28, a quick ratio of 0.32 and a debt-to-equity ratio of 49.96. The firm has a market cap of C$3.31 billion, a price-to-earnings ratio of 11.23, a price-to-earnings-growth ratio of -0.46 and a beta of 1.75. Peyto Exploration & Development has a 1-year low of C$13.40 and a 1-year high of C$17.57.

Insider Activity at Peyto Exploration & Development

In other news, Director Jean-Paul Henri Lachance acquired 5,000 shares of Peyto Exploration & Development stock in a transaction dated Friday, January 31st. The shares were acquired at an average cost of C$15.85 per share, with a total value of C$79,250.00. Also, Senior Officer Lee Russell Curran sold 25,797 shares of the business's stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of C$16.09, for a total value of C$415,078.89. Over the last three months, insiders purchased 22,450 shares of company stock worth $359,248 and sold 203,509 shares worth $3,402,675. 2.36% of the stock is owned by insiders.

About Peyto Exploration & Development

Peyto Exploration & Development Corp (Peyto Exploration & Development) is an oil and gas company that involves in the exploration and development of natural gas. The company acquires, explores, develops and produces crude oil and unconventional natural gas reserves.