FY2024 EPS Forecast for Advantage Energy Cut by Analyst

Advantage Energy Ltd. (OTCMKTS:AAVVF) – Equities researchers at Atb Cap Markets cut their FY2024 earnings per share (EPS) estimates for shares of Advantage Energy in a report issued on Tuesday, February 25th. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings of $0.14 per share for the year, down from their previous forecast of $0.19. The consensus estimate for Advantage Energy’s current full-year earnings is $0.19 per share. Atb Cap Markets also issued estimates for Advantage Energy’s Q4 2024 earnings at $0.12 EPS and FY2027 earnings at $1.13 EPS.

Separately, National Bank Financial upgraded shares of Advantage Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 20th.

Advantage Energy Stock Up 1.6 %

AAVVF opened at $6.72 on Friday. The business has a 50 day moving average of $6.73 and a 200-day moving average of $6.67. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 33.60 and a beta of 1.52. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.42. Advantage Energy has a 1-year low of $5.83 and a 1-year high of $8.58.

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.