TSE:KEC FY2025 EPS Forecast Reduced by Atb Cap Markets

Key Points

• Atb Cap Markets has revised down its FY2025 earnings per share (EPS) forecast for Kiwetinohk Energy Corp. to $3.52, down from $3.56.
• The consensus estimate for Kiwetinohk Energy's current full-year earnings stands at $2.35 per share, with FY2027 earnings estimated at $2.08 EPS.
• Recent insider activity shows that company directors have purchased a total of 65,542 shares in the last three months, highlighting confidence in the company's prospects.

Kiwetinohk Energy Corp. (TSE:KEC - Free Report) - Equities researchers at Atb Cap Markets cut their FY2025 earnings per share (EPS) estimates for Kiwetinohk Energy in a research note issued to investors on Thursday, August 7th. Atb Cap Markets analyst A. Arif now forecasts that the company will earn $3.52 per share for the year, down from their previous forecast of $3.56. The consensus estimate for Kiwetinohk Energy's current full-year earnings is $2.35 per share. Atb Cap Markets also issued estimates for Kiwetinohk Energy's FY2027 earnings at $2.08 EPS.

Several other analysts have also recently commented on the company. Royal Bank Of Canada upped their target price on Kiwetinohk Energy from C$18.00 to C$21.00 and gave the company an "outperform" rating in a report on Monday, June 30th. National Bankshares upped their target price on Kiwetinohk Energy from C$22.50 to C$24.00 and gave the company an "outperform" rating in a report on Thursday, May 8th.

Kiwetinohk Energy Stock Performance

KEC stock remained flat at C$23.75 during trading on Monday. The company had a trading volume of 7,851 shares, compared to its average volume of 16,109. The stock has a 50 day moving average price of C$21.26 and a 200-day moving average price of C$17.94. Kiwetinohk Energy has a 1-year low of C$13.06 and a 1-year high of C$24.15. The firm has a market cap of C$1.04 billion, a PE ratio of 15.86 and a beta of 0.29. The company has a debt-to-equity ratio of 33.50, a quick ratio of 0.48 and a current ratio of 0.82.

Insider Activity

In other Kiwetinohk Energy news, Senior Officer Janet Annesley purchased 2,500 shares of the business's stock in a transaction on Friday, July 4th. The shares were purchased at an average cost of C$22.45 per share, for a total transaction of C$56,117.50. Also, Senior Officer Jakub Brogowski purchased 25,000 shares of the business's stock in a transaction on Tuesday, June 24th. The shares were acquired at an average price of C$20.24 per share, for a total transaction of C$505,982.50. In the last three months, insiders purchased 65,542 shares of company stock worth $1,353,755. Company insiders own 14.72% of the company's stock.

About Kiwetinohk Energy

Kiwetinohk Energy Corp develops and produces natural gas and related products and is in the process of developing renewable, natural gas-fired power, carbon capture and hydrogen clean energy projects.