Echelon Wealth Partners Analysts Boost Earnings Estimates for Highwood Asset Management Ltd. (CVE:HAM)

Highwood Asset Management Ltd. (CVE:HAM) – Analysts at Echelon Wealth Partners raised their Q2 2024 EPS estimates for Highwood Asset Management in a research report issued to clients and investors on Wednesday, April 17th. Echelon Wealth Partners analyst A. Gill now anticipates that the company will post earnings of $0.46 per share for the quarter, up from their previous forecast of $0.14. The consensus estimate for Highwood Asset Management’s current full-year earnings is $1.19 per share. Echelon Wealth Partners also issued estimates for Highwood Asset Management’s Q3 2024 earnings at $0.50 EPS, Q4 2024 earnings at $0.52 EPS and FY2025 earnings at $1.84 EPS.

Separately, Atb Cap Markets restated an “outperform” rating on shares of Highwood Asset Management in a research note on Monday, March 18th.

Highwood Asset Management Stock Performance

HAM stock opened at C$6.70 on Friday. Highwood Asset Management has a 52 week low of C$4.00 and a 52 week high of C$9.99. The stock has a market capitalization of C$100.57 million, a P/E ratio of -33.50 and a beta of -0.87.

Highwood Asset Management Company Profile

Highwood Asset Management Ltd., together with its subsidiary, engages in the acquisition, exploration, development, and production of oil and gas reserves in the Western Canadian Sedimentary basin. The company operates through Metallic Minerals, Midstream Operations, and Upstream Operations segments.