Advantage Energy Ltd. (TSE:AAV) Given Consensus Rating of “Moderate Buy” by Brokerages

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) has received a consensus recommendation of “Moderate Buy” from the eleven research firms that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is C$13.38.

Several analysts recently weighed in on the company. National Bankshares decreased their price objective on Advantage Energy from C$13.00 to C$11.50 in a report on Friday. ATB Capital upped their price target on shares of Advantage Energy from C$13.50 to C$14.00 in a research report on Wednesday, July 10th. Cormark raised shares of Advantage Energy to a “moderate buy” rating in a report on Monday, September 23rd. National Bank Financial set a C$11.50 price objective on shares of Advantage Energy in a research note on Friday. Finally, TD Securities reaffirmed a “buy” rating and set a C$14.00 target price on shares of Advantage Energy in a research report on Friday, July 26th.

Insider Buying and Selling

In other news, Director John Festival bought 20,000 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average price of C$8.94 per share, with a total value of C$178,800.00. In other Advantage Energy news, Senior Officer Donald Craig Blackwood bought 5,435 shares of the firm’s stock in a transaction that occurred on Friday, August 2nd. The stock was bought at an average cost of C$9.20 per share, for a total transaction of C$50,002.00. Also, Director John Festival purchased 20,000 shares of the business’s stock in a transaction on Friday, September 27th. The shares were bought at an average cost of C$8.94 per share, for a total transaction of C$178,800.00. Insiders bought 69,435 shares of company stock worth $658,321 in the last 90 days. Insiders own 1.53% of the company’s stock.

Advantage Energy Price Performance

Shares of AAV stock opened at C$9.21 on Friday. The company has a market capitalization of C$1.54 billion, a P/E ratio of 19.60, a P/E/G ratio of -3.58 and a beta of 1.48. The company’s 50-day simple moving average is C$9.44 and its two-hundred day simple moving average is C$10.13. Advantage Energy has a one year low of C$8.02 and a one year high of C$11.73. The company has a debt-to-equity ratio of 46.86, a current ratio of 0.76 and a quick ratio of 0.72.

Advantage Energy (TSE:AAV) (NYSE:AAV) last announced its quarterly earnings data on Thursday, July 25th. The company reported C($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.03) by C($0.04). The firm had revenue of C$100.66 million during the quarter, compared to the consensus estimate of C$108.50 million. Advantage Energy had a return on equity of 5.02% and a net margin of 16.05%. As a group, equities analysts anticipate that Advantage Energy will post 1.4695513 EPS for the current year.

Advantage Energy Company Profile

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.