Journey Energy (JOY) Stock Price, News & Analysis

Company Overview

Journey Energy Inc. is involved in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada. The company was formerly known as Sword Energy Inc. and changed its name to Journey Energy Inc. in July 2012. Journey Energy Inc. was founded in 2007 and is headquartered in Calgary, Canada.

Key Stats

• Today's Range: C$2.05 to C$2.21
• 50-Day Range: C$2.00 to C$2.66
• 52-Week Range: C$1.94 to C$4.21
• Volume: 152,549 shs
• Average Volume: 103,593 shs
• Market Capitalization: C$133.74 million
• P/E Ratio: 12.11
• Dividend Yield: 13.76%
• Price Target: C$5.75
• Consensus Rating: Strong Buy

Journey Energy Stock Analysis - MarketRank™

Journey Energy scored higher than 87% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.8 / 5
• Analyst Rating: Strong Buy

Consensus Rating

Journey Energy has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Journey Energy has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Journey Energy is 12.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.28.

Price to Earnings Ratio vs. Sector

The P/E ratio of Journey Energy is 12.11, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 108.65.

Price to Earnings Growth Ratio

Journey Energy has a PEG Ratio of 0.01. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Journey Energy has a P/B Ratio of 0.42. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for JOY.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Journey Energy is a leading dividend payer. It pays a dividend yield of 20.55%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Journey Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Journey Energy is 166.67%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for JOY.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.03

News Sentiment

Journey Energy has a news sentiment score of 1.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Journey Energy this week, compared to 4 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Journey Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$176,804.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

Only 7.64% of the stock of Journey Energy is held by insiders.

Percentage Held by Institutions

Only 15.91% of the stock of Journey Energy is held by institutions.

JOY Stock Analysis - Frequently Asked Questions

How have JOY shares performed this year?

Journey Energy's stock was trading at C$3.86 at the beginning of the year. Since then, JOY shares have decreased by 43.5% and is now trading at C$2.18.
View the best growth stocks for 2024 here.

How do I buy shares of Journey Energy?

Shares of JOY stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Journey Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Journey Energy investors own include Medical Facilities (DR), Alimentation Couche-Tard (ATD.B), Parex Resources (PXT), CRH Medical (CRH), Pivot Technology Solutions (PTG), Baytex Energy (BTE) and DHX Media (DHX.B).

Company Calendar

• Today: 11/21/2024
• Next Earnings (Estimated): 3/11/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: N/A
• Current Symbol: TSE:JOY
• CUSIP: N/A
• CIK: N/A
• Web: www.journeyenergy.ca
• Phone: +1-403-2941635
• Fax: N/A
• Employees: 53
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$5.75
• High Stock Price Target: C$6.50
• Low Stock Price Target: C$5.00
• Potential Upside/Downside: +172.5%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 3.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.18
• Trailing P/E Ratio: 11.72
• Forward P/E Ratio: 8.11
• P/E Growth: 0.01
• Net Income: C$12.07 million
• Net Margins: 6.72%
• Pretax Margin: N/A
• Return on Equity: 3.85%
• Return on Assets: 2.22%

Debt

• Debt-to-Equity Ratio: 20.04
• Current Ratio: 0.68
• Quick Ratio: 0.95

Sales & Book Value

• Annual Sales: C$179.72 million
• Price / Sales: 0.72
• Cash Flow: C$0.31 per share
• Price / Cash Flow: 6.72
• Book Value: C$5.23 per share
• Price / Book: 0.40

Miscellaneous

• Outstanding Shares: 61,350,000
• Free Float: N/A
• Market Cap: C$129.45 million
• Optionable: Not Optionable
• Beta: 3.41