NuVista Energy Ltd. (TSE:NVA - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the eight research firms that are currently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$14.58.
NVA has been the topic of a number of research reports. CIBC boosted their price objective on shares of NuVista Energy from C$15.00 to C$15.50 and gave the stock an "outperform" rating in a research report on Friday, March 1st. Stifel Nicolaus boosted their price objective on shares of NuVista Energy from C$14.25 to C$14.50 in a research report on Monday, March 4th. Raymond James dropped their price target on shares of NuVista Energy from C$18.00 to C$14.50 and set an "outperform" rating on the stock in a research report on Friday, January 19th. National Bankshares dropped their price target on shares of NuVista Energy from C$15.00 to C$14.00 and set a "sector perform" rating on the stock in a research report on Wednesday, January 10th. Finally, Desjardins dropped their price target on shares of NuVista Energy from C$15.00 to C$14.75 and set a "buy" rating on the stock in a research report on Friday, March 22nd.
Check Out Our Latest Analysis on NVA
Insider Activity
In other news, Senior Officer Jonathan Andrew Wright sold 14,350 shares of the stock in a transaction dated Monday, January 15th. The shares were sold at an average price of C$11.35, for a total value of C$162,872.50. Insiders own 22.86% of the company's stock.
NuVista Energy Stock Down 0.8 %
Shares of NVA stock traded down C$0.10 during trading on Monday, reaching C$12.01. The company's stock had a trading volume of 209,016 shares, compared to its average volume of 344,574. The business has a fifty day moving average price of C$11.24 and a 200-day moving average price of C$11.72. The company has a quick ratio of 0.78, a current ratio of 1.04 and a debt-to-equity ratio of 14.42. The company has a market cap of C$2.49 billion, a price-to-earnings ratio of 7.28, a price-to-earnings-growth ratio of 0.59 and a beta of 2.86. NuVista Energy has a one year low of C$9.59 and a one year high of C$13.72.
NuVista Energy (TSE:NVA - Get Free Report) last announced its quarterly earnings data on Thursday, February 29th. The company reported C$0.41 EPS for the quarter, missing analysts' consensus estimates of C$0.49 by C($0.08). The business had revenue of C$365.50 million during the quarter, compared to the consensus estimate of C$364.00 million. NuVista Energy had a return on equity of 18.16% and a net margin of 29.12%. Analysts anticipate that NuVista Energy will post 1.4968867 earnings per share for the current year.
About NuVista Energy
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Get Free ReportNuVista Energy Ltd., together with its subsidiary, engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. The company is involved in the development, delineation, and production of condensate, natural gas liquids, and natural gas reserves.
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