FY2025 EPS Estimates for TSE:PEY Lowered by Atb Cap Markets

Key Points

• ATB Capital Markets has revised its FY2025 earnings estimate for Peyto Exploration & Development down to $2.27 per share from a previous forecast of $2.39.
• BMO Capital Markets and TD Securities have raised their price targets on Peyto's shares, with BMO now at C$23.00 and TD at C$22.00, indicating positive sentiment in parts of the market despite the earnings revision.
• The stock currently has a consensus rating of "Moderate Buy" among analysts, with an average price target of C$20.92.

Peyto Exploration & Development Corp. (TSE:PEY - Free Report) - Equities research analysts at Atb Cap Markets reduced their FY2025 earnings estimates for Peyto Exploration & Development in a research note issued on Wednesday, August 13th. Atb Cap Markets analyst A. Arif now expects that the company will earn $2.27 per share for the year, down from their previous estimate of $2.39. Atb Cap Markets also issued estimates for Peyto Exploration & Development's Q4 2025 earnings at $0.71 EPS.

Several other brokerages also recently weighed in on PEY. National Bankshares upped their target price on shares of Peyto Exploration & Development from C$18.00 to C$24.00 and gave the company an "outperform" rating in a research note on Thursday, May 22nd. Desjardins upped their target price on shares of Peyto Exploration & Development from C$18.00 to C$18.50 and gave the company a "hold" rating in a research note on Thursday, May 22nd. ATB Capital increased their price objective on shares of Peyto Exploration & Development from C$19.00 to C$21.00 and gave the company an "outperform" rating in a research note on Thursday, May 22nd. Canaccord Genuity Group downgraded shares of Peyto Exploration & Development from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 14th. Finally, TD Securities increased their price objective on shares of Peyto Exploration & Development from C$20.00 to C$22.00 and gave the company a "buy" rating in a research note on Thursday, May 22nd. Five equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of C$20.92.

Peyto Exploration & Development Trading Down 1.6%

Shares of Peyto Exploration & Development stock traded down C$0.30 during trading hours on Thursday, hitting C$18.70. The company's stock had a trading volume of 441,714 shares, compared to its average volume of 854,227. Peyto Exploration & Development has a 1-year low of C$13.56 and a 1-year high of C$21.12. The business has a fifty day moving average of C$19.41 and a 200 day moving average of C$18.05. The company has a market capitalization of C$3.71 billion, a PE ratio of 12.61, a P/E/G ratio of -0.46 and a beta of 1.75. The company has a quick ratio of 0.32, a current ratio of 1.28 and a debt-to-equity ratio of 49.96.

Peyto Exploration & Development Company Profile

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.