FY2025 EPS Estimate for Kiwetinohk Energy Reduced by Analyst

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) - Research analysts at Atb Cap Markets dropped their FY2025 earnings per share (EPS) estimates for shares of Kiwetinohk Energy in a research note issued to investors on Thursday, August 7th. Atb Cap Markets analyst A. Arif now expects that the company will post earnings of $3.52 per share for the year, down from their prior 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.

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

Kiwetinohk Energy Stock Performance

KEC stock traded up C$0.12 during midday trading on Monday, reaching C$23.87. 1,960 shares of the company's stock traded hands, compared to its average volume of 16,044. The company has a 50-day moving average price of C$21.38 and a two-hundred day moving average price of C$17.98. The company has a debt-to-equity ratio of 33.50, a quick ratio of 0.48 and a current ratio of 0.82. Kiwetinohk Energy has a 52 week low of C$13.06 and a 52 week high of C$24.15. The firm has a market capitalization of C$1.04 billion, a PE ratio of 15.94 and a beta of 0.29.

Insiders Place Their Bets

In other Kiwetinohk Energy news, Senior Officer Jakub Brogowski bought 25,000 shares of the business's stock in a transaction that occurred on Tuesday, June 24th. The shares were bought at an average cost of C$20.24 per share, with a total value of C$505,982.50. Also, Director Steven William Sinclair bought 20,000 shares of the business's stock in a transaction that occurred on Thursday, June 26th. The stock was acquired at an average cost of C$20.25 per share, for a total transaction of C$405,000.00. Insiders have purchased 65,542 shares of company stock valued at $1,353,755 over the last quarter. 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.