FY2024 EPS Estimate for Advantage Energy Lifted by Analyst

Advantage Energy Ltd. (OTCMKTS:AAVVF) – Analysts at Atb Cap Markets boosted their FY2024 earnings per share (EPS) estimates for shares of Advantage Energy in a research report issued to clients and investors on Tuesday, December 10th. Atb Cap Markets analyst A. Arif now anticipates that the company will earn $0.19 per share for the year, up from their prior forecast of $0.17. The consensus estimate for Advantage Energy’s current full-year earnings is $0.17 per share. Atb Cap Markets also issued estimates for Advantage Energy’s Q4 2024 earnings at $0.17 EPS, Q4 2025 earnings at $0.32 EPS and FY2026 earnings at $1.03 EPS.

Separately, National Bank Financial lowered Advantage Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 8th.

Advantage Energy Stock Down 2.2 %

AAVVF stock opened at $6.19 on Friday. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $1.03 billion, a PE ratio of 30.97 and a beta of 1.58. Advantage Energy has a 1-year low of $6.04 and a 1-year high of $8.58. The business’s 50 day simple moving average is $6.48 and its 200 day simple moving average is $6.97.

Advantage Energy (OTCMKTS:AAVVF) last announced its quarterly earnings data on Thursday, October 24th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.05). The company had revenue of $106.19 million for the quarter, compared to the consensus estimate of $119.27 million. Advantage Energy had a return on equity of 2.88% and a net margin of 8.62%.

About Advantage Energy

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.