FY2026 EPS Estimates for TSE:HWX Boosted by Atb Cap Markets

Headwater Exploration Inc. (TSE:HWX) – Equities research analysts at Atb Cap Markets upped their FY2026 earnings per share estimates for shares of Headwater Exploration in a research report issued to clients and investors on Friday, March 14th. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings of $0.60 per share for the year, up from their previous forecast of $0.57. Atb Cap Markets has a “Strong-Buy” rating on the stock. The consensus estimate for Headwater Exploration’s current full-year earnings is $0.63 per share. Atb Cap Markets also issued estimates for Headwater Exploration’s FY2027 earnings at $0.47 EPS.

A number of other research firms have also issued reports on HWX. National Bankshares reduced their target price on shares of Headwater Exploration from C$9.50 to C$9.00 and set an “outperform” rating on the stock in a report on Thursday, December 19th. CIBC set a C$9.00 price objective on Headwater Exploration and gave the company an “outperform” rating in a research note on Thursday, January 30th. Finally, Raymond James raised Headwater Exploration from a “market perform” rating to an “outperform” rating in a research note on Tuesday, January 7th. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Headwater Exploration currently has a consensus rating of “Buy” and an average target price of C$9.54.

Headwater Exploration Trading Up 1.3 %

TSE HWX opened at C$6.33 on Monday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.07 and a current ratio of 1.54. The firm has a market cap of C$1.50 billion, a price-to-earnings ratio of 8.11, a PEG ratio of 0.83 and a beta of 1.55. The firm has a 50 day simple moving average of C$6.68 and a 200-day simple moving average of C$6.69. Headwater Exploration has a one year low of C$5.70 and a one year high of C$8.57.

Insider Activity

In other Headwater Exploration news, Director Phillip R. Knoll sold 5,400 shares of Headwater Exploration stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of C$6.97, for a total transaction of C$37,638.00. Company insiders own 5.08% of the company’s stock.

About Headwater Exploration

Headwater Exploration Inc engages in the exploration, development, and production of petroleum and natural gas in Canada. It holds interest in the Marten Hills area located in Alberta, and McCully Field area located in New Brunswick. The company was formerly known as Corridor Resources Inc and changed its name to Headwater Exploration Inc in March 2020.