Q3 EPS Estimates for Kolibri Global Energy Lowered by Sidoti

Key Points

• Sidoti lowered Kolibri Global Energy’s Q3 2027 EPS estimate to $0.24 from $0.25, while the full-year consensus estimate remains $0.83 per share.
• Kolibri’s latest quarter exceeded expectations, with EPS of $0.23 versus the $0.21 consensus and revenue of $22.54 million compared with estimates of $20.86 million.
• The stock opened at $6.85, near its 52-week high of $6.94; analyst sentiment remains generally neutral, with an average “Hold” rating, while institutional investors own 27.26% of shares.

Kolibri Global Energy Inc. (NASDAQ:KGEI - Free Report) - Investment analysts at Sidoti dropped their Q3 2027 earnings per share estimates for Kolibri Global Energy in a research report issued to clients and investors on Tuesday, September 15th. Sidoti analyst S. Ferazani now forecasts that the company will post earnings per share of $0.24 for the quarter, down from their prior forecast of $0.25. The consensus estimate for Kolibri Global Energy's current full-year earnings is $0.83 per share.

Kolibri Global Energy (NASDAQ:KGEI - Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.02. The business had revenue of $22.54 million during the quarter, compared to analysts' expectations of $20.86 million. Kolibri Global Energy had a return on equity of 10.93% and a net margin of 26.87%.

Other equities analysts also recently issued reports about the company. Wall Street Zen raised Kolibri Global Energy from a "hold" rating to a "buy" rating in a report on Saturday, August 15th. Weiss Ratings reissued a "hold (c)" rating on shares of Kolibri Global Energy in a report on Friday, July 24th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of "Hold".

Kolibri Global Energy Price Performance

Shares of NASDAQ KGEI opened at $6.85 on Thursday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.46 and a current ratio of 0.46. Kolibri Global Energy has a fifty-two week low of $3.35 and a fifty-two week high of $6.94. The firm has a market capitalization of $245.57 million, a PE ratio of 12.92, a price-to-earnings-growth ratio of 0.83 and a beta of -0.57. The stock's 50-day simple moving average is $5.67 and its 200-day simple moving average is $5.36.

Hedge Funds Weigh In On Kolibri Global Energy

Several hedge funds have recently made changes to their positions in KGEI. Wellington Management Group LLP acquired a new position in shares of Kolibri Global Energy in the 2nd quarter valued at $628,000. Bank of New York Mellon Corp purchased a new stake in Kolibri Global Energy in the 2nd quarter valued at $328,000. Bank of America Corp DE boosted its stake in Kolibri Global Energy by 0.7% during the 1st quarter. Bank of America Corp DE now owns 372,733 shares of the company's stock worth $2,046,000 after purchasing an additional 2,661 shares during the period. Royal Bank of Canada boosted its stake in Kolibri Global Energy by 337.8% during the 1st quarter. Royal Bank of Canada now owns 16,031 shares of the company's stock worth $88,000 after purchasing an additional 12,369 shares during the period. Finally, Empowered Funds LLC grew its position in Kolibri Global Energy by 8.4% during the 1st quarter. Empowered Funds LLC now owns 61,388 shares of the company's stock worth $337,000 after purchasing an additional 4,733 shares during the last quarter. Hedge funds and other institutional investors own 27.26% of the company's stock.

Kolibri Global Energy Company Profile

Kolibri Global Energy Inc is an energy company engaged in the exploration, development and production of oil and natural gas. The company focuses primarily on developing and optimizing unconventional hydrocarbon assets in the United States.

Kolibri's principal operations are centered on the Tishomingo field in Oklahoma, where it holds interests in oil and natural gas properties. Its activities include drilling, completing and producing wells, as well as applying development and operational techniques intended to improve recovery from its producing assets.

Headquartered in Calgary, Alberta, Kolibri Global Energy serves the U.S.

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