FY2025 EPS Estimates for TSE:HWX Lifted by Atb Cap Markets

Headwater Exploration Inc. (TSE:HWX) – Equities research analysts at Atb Cap Markets lifted their FY2025 earnings per share (EPS) estimates for Headwater Exploration in a report released on Thursday, December 5th. Atb Cap Markets analyst A. Arif now forecasts that the company will earn $0.74 per share for the year, up from their prior forecast of $0.73. 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.

Several other research analysts also recently commented on the company. National Bankshares decreased their price objective on Headwater Exploration from C$10.50 to C$9.50 in a report on Friday, September 27th. Raymond James raised Headwater Exploration to a “hold” rating in a research note on Thursday, October 17th. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of C$9.46.

Headwater Exploration Stock Performance

Headwater Exploration stock opened at C$6.82 on Monday. The firm has a fifty day simple moving average of C$6.80 and a two-hundred day simple moving average of C$6.93. The company has a quick ratio of 2.07, a current ratio of 1.53 and a debt-to-equity ratio of 0.13. Headwater Exploration has a twelve month low of C$5.88 and a twelve month high of C$8.57. The company has a market capitalization of C$1.62 billion, a PE ratio of 8.74, a P/E/G ratio of 0.83 and a beta of 1.55.

Headwater Exploration Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.10 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.40 annualized dividend and a dividend yield of 5.87%. Headwater Exploration’s payout ratio is presently 51.28%.

Headwater Exploration Company Profile

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.