Atb Cap Markets Revises Earnings Outlook for Advantage Energy
On March 1, 2025, Advantage Energy Ltd. (TSE:AAV – Free Report) (NYSE:AAV) faced a downgrade in earnings estimates from investment analysts at Atb Cap Markets. The revision was announced in a note to investors dated February 25, where analyst A. Arif adjusted the forecasts for the company's Q1 2025 earnings per share (EPS) from $0.25 down to $0.23.
The updated prediction reflects a cautious approach as the consensus for Advantage Energy’s total earnings for the current fiscal year stands at $1.47 per share. Additionally, Atb Cap Markets has projected further earnings estimates for the upcoming quarters: Q2 2025 at $0.16 EPS, Q3 2025 at $0.32 EPS, Q4 2025 at $0.46 EPS, and FY2026 at $1.48 EPS.
Other Analyst Ratings and Price Targets
Several other equity research analysts have provided their insights on Advantage Energy recently. National Bank Financial upgraded the company's rating from "hold" to a "strong-buy" on January 20. BMO Capital Markets also adjusted their target price for Advantage Energy from C$12.00 to C$13.00 on January 14. Likewise, National Bankshares elevated their rating from “sector perform” to “outperform,” increasing their target price from C$11.50 to C$15.00 as of January 30. Furthermore, CIBC raised their target price from C$11.00 to C$11.50 on January 17. Currently, the stock holds a consensus rating of "Moderate Buy" along with an average price target of C$13.85, with two analysts recommending a hold, six recommending a buy, and one rating it as a strong buy.
Advantage Energy Stock Performance
Shares of Advantage Energy opened at C$10.09 on Thursday. The stock's 50-day simple moving average is C$9.69, while the 200-day simple moving average is C$9.32. The company's stock has seen fluctuations with a 52-week low of C$8.27 and a high of C$11.73. With a market capitalization of C$1.67 billion, it has a P/E ratio of 36.74 and a P/E/G ratio of -3.58. The stock's beta is recorded at 1.46, with a debt-to-equity ratio of 41.40 and quick and current ratios of 0.72 and 0.75, respectively.
Insider Activities
In addition to these developments, Senior Officer Geoffrey Keyser made a personal investment in Advantage Energy by acquiring 3,000 shares on January 29. The purchase was executed at an average price of C$9.10 per share, amounting to a total investment of C$27,300. Corporate insiders hold approximately 1.55% of the company’s stock.
Company Overview
Advantage Energy Ltd. operates in the energy sector, focusing on the acquisition, exploitation, development, and production of natural gas, crude oil, and natural gas liquids (NGLs) primarily situated in Alberta, Canada. Their assets are strategically located around 4 to 80 kilometers northwest of Grande Prairie.
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