Advantage Energy Ltd. (TSE:AAV – Free Report) (NYSE:AAV) – Equities researchers at Atb Cap Markets reduced their Q1 2024 EPS estimates for shares of Advantage Energy in a research note issued on Monday, April 22nd. Atb Cap Markets analyst A. Arif now forecasts that the company will earn $0.11 per share for the quarter, down from their prior forecast of $0.16. The consensus estimate for Advantage Energy’s current full-year earnings is $0.53 per share. Atb Cap Markets also issued estimates for Advantage Energy’s Q2 2024 earnings at $0.12 EPS, Q3 2024 earnings at $0.16 EPS, Q4 2024 earnings at $0.24 EPS, FY2024 earnings at $0.62 EPS, FY2025 earnings at $0.58 EPS, FY2026 earnings at $0.79 EPS, FY2027 earnings at $0.84 EPS and FY2028 earnings at $0.89 EPS.
Advantage Energy (TSE:AAV – Get Free Report) (NYSE:AAV) last posted its quarterly earnings data on Monday, March 4th. The company reported C$0.25 earnings per share for the quarter, beating the consensus estimate of C$0.19 by C$0.06. Advantage Energy had a net margin of 19.94% and a return on equity of 6.43%. The company had revenue of C$147.14 million during the quarter, compared to analyst estimates of C$141.00 million.
Read Our Latest Stock Analysis on AAV
Advantage Energy Stock Performance
TSE:AAV opened at C$10.48 on Tuesday. Advantage Energy has a twelve month low of C$6.79 and a twelve month high of C$11.05. The company has a current ratio of 1.25, a quick ratio of 0.72 and a debt-to-equity ratio of 22.74. The company has a 50-day moving average of C$9.95 and a 200-day moving average of C$9.45. The firm has a market cap of C$1.67 billion, a price-to-earnings ratio of 17.76, a price-to-earnings-growth ratio of -3.58 and a beta of 1.65.
Insider Transactions at Advantage Energy
In related news, Director John Larry Festival purchased 40,000 shares of Advantage Energy stock in a transaction dated Tuesday, March 19th. The stock was acquired at an average cost of C$9.95 per share, with a total value of C$398,000.00. 1.27% of the stock is owned by insiders.
Advantage Energy Company Profile
Advantage Energy Ltd., together with its subsidiaries, engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada. Its assets are located approximately 4 to 80 km northwest of the city of Grande Prairie, Alberta.
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