Perpetual Energy (PMT) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Perpetual Energy in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PMT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PMT, but not buy additional shares or sell existing shares.
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2 equities research analysts have issued twelve-month price targets for Perpetual Energy's stock. Their PMT share price forecasts range from C$0.65 to C$0.65. On average, they expect the company's share price to reach C$0.65 in the next twelve months. This suggests a possible upside of 10.2% from the stock's current price.
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Perpetual Energy's stock was trading at C$0.71 at the beginning of the year. Since then, PMT shares have decreased by 16.9% and is now trading at C$0.59.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
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Perpetual Energy Inc. (TSE:PMT) announced its quarterly earnings results on Thursday, August, 3rd. The company reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of ($0.05) by $0.01. The business had revenue of $15.17 million for the quarter, compared to analysts' expectations of $16 million. Perpetual Energy had a net margin of 41.32% and a trailing twelve-month return on equity of 29.49%.

Based on aggregate information from My MarketBeat watchlists, some companies that other Perpetual Energy investors own include Navios Maritime Partners (NMM), Sherritt International (S), BlackPearl Resources (PXX), Bombardier, Inc. Class B (BBD.B), AGNC Investment (AGNC), Big Banc Split (BNK), Alcoa (AA), Caterpillar (CAT), Ecobalt Solutions (ECS) and Helmerich & Payne (HP).

Perpetual Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PMT."

Shares of PMT stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of PMT stock can currently be purchased for approximately C$0.59.

Perpetual Energy (TSE:PMT) has a market capitalization of C$39.83 million and generates C$68.56 million in revenue each year. The company earns C$28.33 million in net income (profit) each year or C$0.36 on an earnings per share basis.

Perpetual Energy's mailing address is Suite 3200, 605 - 5 Avenue Sw, CALGARY, AB 00000, Canada. The official website for the company is www.perpetualenergyinc.com. The company can be reached via phone at +1-403-2694400.