Analysts Offer Predictions for TSE:PEY FY2025 Earnings

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) - Research analysts at Atb Cap Markets lowered their FY2025 earnings per share (EPS) estimates for Peyto Exploration & Development in a note issued to investors on Wednesday, August 13th. Atb Cap Markets analyst A. Arif now expects that the company will post earnings per share of $2.27 for the year, down from their prior forecast of $2.39. Atb Cap Markets also issued estimates for Peyto Exploration & Development's Q4 2025 earnings at $0.71 EPS.

A number of other brokerages also recently issued reports on PEY. National Bankshares raised their price objective on Peyto Exploration & Development from C$18.00 to C$24.00 and gave the stock an "outperform" rating in a research report on Thursday, May 22nd. Desjardins raised their price objective on Peyto Exploration & Development from C$18.00 to C$18.50 and gave the stock a "hold" rating in a research report on Thursday, May 22nd. ATB Capital raised their price objective on Peyto Exploration & Development from C$19.00 to C$21.00 and gave the stock an "outperform" rating in a research report on Thursday, May 22nd. Raymond James Financial cut Peyto Exploration & Development from an "outperform" rating to a "market perform" rating and set a C$21.00 target price for the company. in a research note on Thursday, May 22nd. Finally, Canaccord Genuity Group cut Peyto Exploration & Development from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 14th. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of C$20.92.

Peyto Exploration & Development Trading Down 0.9%

Shares of PEY traded down C$0.17 during mid-day trading on Thursday, reaching C$19.12. 532,354 shares of the company were exchanged, compared to its average volume of 856,025. Peyto Exploration & Development has a 52 week low of C$13.56 and a 52 week high of C$21.12. The company has a debt-to-equity ratio of 49.96, a quick ratio of 0.32 and a current ratio of 1.28. The stock has a market capitalization of C$3.80 billion, a PE ratio of 12.89, a PEG ratio of -0.46 and a beta of 1.75. The business has a 50 day simple moving average of C$19.42 and a two-hundred day simple moving average of C$18.01.

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.