FY2025 EPS Forecast for Advantage Energy Boosted by Analyst

Key Points

• Atb Cap Markets has upgraded its FY2025 earnings per share (EPS) estimate for Advantage Energy Ltd. (TSE:AAV) from $0.60 to $0.88.
• Several financial institutions have raised their target prices for Advantage Energy, with Royal Bank of Canada and CIBC setting their targets at C$12.00 and TD Cowen at C$14.00.
• Advantage Energy currently holds a market capitalization of C$1.80 billion and has an average rating of "Moderate Buy" among analysts.

Advantage Energy Ltd. (TSE:AAV - Free Report) NYSE: AAV - Equities researchers at Atb Cap Markets raised their FY2025 earnings estimates for shares of Advantage Energy in a research report issued to clients and investors on Thursday, August 7th. Atb Cap Markets analyst A. Arif now anticipates that the company will earn $0.88 per share for the year, up from their previous forecast of $0.60. The consensus estimate for Advantage Energy's current full-year earnings is $1.47 per share.

A number of other equities analysts have also recently issued reports on AAV. Royal Bank Of Canada increased their price objective on shares of Advantage Energy from C$11.00 to C$12.00 and gave the company a "sector perform" rating in a research note on Monday, June 30th. CIBC increased their price objective on shares of Advantage Energy from C$11.50 to C$12.00 and gave the company a "neutral" rating in a research note on Friday, May 2nd. TD Cowen restated a "buy" rating and issued a C$14.00 price objective on shares of Advantage Energy in a research note on Friday, May 2nd. Finally, Desjardins increased their target price on shares of Advantage Energy from C$13.50 to C$14.00 and gave the stock a "buy" rating in a research report on Monday, May 5th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Advantage Energy currently has an average rating of "Moderate Buy" and an average target price of C$12.83.

Advantage Energy Stock Performance

TSE:AAV traded up C$0.08 during trading hours on Monday, hitting C$10.49. 237,060 shares of the company traded hands, compared to its average volume of 516,808. The stock has a market capitalization of C$1.74 billion, a price-to-earnings ratio of 38.20, a P/E/G ratio of -3.58 and a beta of 1.46. Advantage Energy has a twelve month low of C$7.81 and a twelve month high of C$12.75. The firm has a 50-day moving average of C$11.45 and a 200 day moving average of C$10.48. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 41.40.

About Advantage Energy

Advantage Energy Ltd supplies clean, affordable, reliable, and sustainable Canadian energy to power the needs of Canada and the world. It is focused on the development and delineation of its Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla, and Progress, Alberta.