Advantage Energy Ltd. (AAV.TO) - What Are Investment Firms Saying About This Stock?

Key Points

• Analysts maintain a “Moderate Buy” consensus on Advantage Energy, with four buy ratings, one strong-buy rating, and three holds. The average 12-month price target is C$13.79, above the reported share price of C$11.49.
• Recent analyst views are mixed: Ventum Financial initiated a C$13.50 target and buy rating, while Raymond James downgraded the stock to hold and cut its target from C$14.00 to C$13.00.
• Advantage Energy reported quarterly EPS of C$0.33 on C$166.32 million in revenue, with an 18.26% net margin and 8.07% return on equity. Analysts expect full-year EPS of approximately C$1.47.

Advantage Energy Ltd. (TSE:AAV - Get Free Report) NYSE: AAV has earned an average recommendation of "Moderate Buy" from the eight analysts that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$13.79.

AAV has been the topic of a number of recent research reports. Ventum Financial set a C$13.50 price target on shares of Advantage Energy and gave the stock a "buy" rating in a research report on Friday, October 23rd. Raymond James Financial downgraded shares of Advantage Energy from a "moderate buy" rating to a "hold" rating and lowered their price objective for the company from C$14.00 to C$13.00 in a research report on Wednesday, September 16th.

Advantage Energy Stock Performance

Shares of AAV opened at C$11.49 on Friday. The stock has a market capitalization of C$1.93 billion, a PE ratio of 23.45, a price-to-earnings-growth ratio of -3.58 and a beta of -0.47. The business's fifty day moving average price is C$10.60 and its 200 day moving average price is C$10.57. The company has a debt-to-equity ratio of 40.01, a current ratio of 0.35 and a quick ratio of 0.72. Advantage Energy has a 12-month low of C$9.19 and a 12-month high of C$13.20.

Advantage Energy (TSE:AAV - Get Free Report) NYSE: AAV last released its earnings results on Thursday, October 29th. The company reported C$0.33 earnings per share for the quarter. The firm had revenue of C$166.32 million during the quarter. Advantage Energy had a net margin of 18.26% and a return on equity of 8.07%. Equities research analysts forecast that Advantage Energy will post 1.47 EPS for the current year.

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.

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