Atb Cap Markets Issues Positive Outlook for TSE:PEY Earnings

Peyto Exploration & Development Corp. (TSE:PEY) – Stock analysts at Atb Cap Markets boosted their Q1 2025 earnings estimates for Peyto Exploration & Development in a research note issued to investors on Wednesday, March 12th. Atb Cap Markets analyst A. Arif now expects that the company will earn $0.69 per share for the quarter, up from their prior estimate of $0.61. Atb Cap Markets also issued estimates for Peyto Exploration & Development’s Q2 2025 earnings at $0.57 EPS, Q4 2025 earnings at $0.76 EPS, FY2025 earnings at $2.64 EPS and FY2026 earnings at $2.69 EPS.

A number of other research analysts have also commented on PEY. CIBC boosted their price target on shares of Peyto Exploration & Development from C$17.00 to C$17.50 in a research report on Friday, January 17th. TD Securities boosted their target price on Peyto Exploration & Development from C$19.00 to C$20.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. BMO Capital Markets raised their price target on Peyto Exploration & Development from C$17.50 to C$18.50 in a report on Tuesday, January 14th. Finally, Desjardins boosted their price objective on Peyto Exploration & Development from C$16.50 to C$17.00 and gave the stock a “hold” rating in a report on Thursday. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of C$18.67.

Peyto Exploration & Development Stock Performance

Peyto Exploration & Development stock opened at C$16.27 on Thursday. Peyto Exploration & Development has a 1-year low of C$13.40 and a 1-year high of C$17.57. The company has a current ratio of 1.28, a quick ratio of 0.32 and a debt-to-equity ratio of 49.96. The firm has a market capitalization of C$3.23 billion, a PE ratio of 10.97, a price-to-earnings-growth ratio of -0.46 and a beta of 1.75. The firm’s 50 day simple moving average is C$16.23 and its 200 day simple moving average is C$15.75.

Insider Transactions at Peyto Exploration & Development

In related news, Senior Officer Todd Burdick sold 24,000 shares of Peyto Exploration & Development stock in a transaction on Friday, January 3rd. The shares were sold at an average price of C$17.16, for a total value of C$411,888.00. Also, Senior Officer Riley Millar Frame purchased 3,300 shares of the stock in a transaction on Monday, December 16th. The stock was acquired at an average cost of C$15.90 per share, with a total value of C$52,470.00. In the last three months, insiders bought 25,750 shares of company stock worth $411,718 and sold 208,306 shares worth $3,478,583. Company insiders own 2.36% of the company’s stock.

Peyto Exploration & Development Company Profile

Peyto Exploration & Development Corp (Peyto Exploration & Development) is an oil and gas company that involves in the exploration and development of natural gas. The company acquires, explores, develops and produces crude oil and unconventional natural gas reserves.