FY2026 EPS Estimates for NuVista Energy Boosted by Cormark

Key Points

• Cormark has revised its FY2026 earnings estimates for NuVista Energy, increasing the forecasted earnings per share from $1.91 to $1.97.
• Current recommendations for NuVista Energy show mixed ratings, with two analysts rating it as a hold, two as a buy, and three as a strong buy, while targeting an average price of C$17.43.
• NuVista Energy's share price recently declined to C$14.41, amidst a market cap of C$2.95 billion and financial metrics indicating volatility with a beta of 2.57.

NuVista Energy Ltd. (TSE:NVA - Free Report) - Research analysts at Cormark increased their FY2026 earnings estimates for shares of NuVista Energy in a report released on Thursday, August 7th. Cormark analyst K. Baim now anticipates that the company will post earnings per share of $1.97 for the year, up from their previous forecast of $1.91. The consensus estimate for NuVista Energy's current full-year earnings is $1.07 per share.

NVA has been the subject of several other reports. Raymond James Financial cut NuVista Energy from a "moderate buy" rating to a "hold" rating and set a C$17.00 target price for the company. in a research note on Thursday, July 3rd. National Bank Financial raised NuVista Energy from a "hold" rating to a "strong-buy" rating in a report on Wednesday. Royal Bank Of Canada boosted their target price on NuVista Energy from C$14.00 to C$16.00 and gave the stock a "sector perform" rating in a research note on Monday, June 30th. Desjardins raised shares of NuVista Energy from a "hold" rating to a "moderate buy" rating in a report on Monday, May 12th. Finally, CIBC decreased their price target on shares of NuVista Energy from C$19.50 to C$18.00 in a report on Thursday, April 10th. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, NuVista Energy currently has an average rating of "Buy" and a consensus target price of C$17.43.

NuVista Energy Price Performance

Shares of TSE NVA traded down C$0.12 during trading hours on Friday, hitting C$14.41. 158,081 shares of the stock were exchanged, compared to its average volume of 884,925. The company's fifty day simple moving average is C$14.54 and its two-hundred day simple moving average is C$13.28. The company has a market cap of C$2.95 billion, a PE ratio of 10.08, a price-to-earnings-growth ratio of 0.59 and a beta of 2.57. The company has a debt-to-equity ratio of 14.11, a quick ratio of 0.78 and a current ratio of 0.87. NuVista Energy has a 1-year low of C$10.34 and a 1-year high of C$16.11.

Insider Buying and Selling at NuVista Energy

In related news, Senior Officer Michael Lawford purchased 18,000 shares of the firm's stock in a transaction on Monday, July 7th. The stock was purchased at an average cost of C$13.90 per share, with a total value of C$250,200.00. Also, Senior Officer Ryan Daniel Paulgaard sold 10,000 shares of the firm's stock in a transaction dated Monday, June 16th. The shares were sold at an average price of C$15.46, for a total value of C$154,600.00. Insiders have sold a total of 236,437 shares of company stock valued at $3,441,605 over the last ninety days. Insiders own 20.25% of the company's stock.

About NuVista Energy

NuVista Energy Ltd engages in the exploration, development, and production of oil and natural gas in the Western Canadian Sedimentary Basin. Products sold include natural gas, condensate & oil, butane, propane, and ethane, with condensate composing nearly half of all sales. Condensate finds significant use in the heavy oil business when applied to heavy oil bitumen.

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