Equities Analysts Offer Predictions for TSE:PEY Q1 Earnings

Peyto Exploration & Development Corp. (TSE:PEY) – Atb Cap Markets increased their Q1 2025 earnings estimates for shares of Peyto Exploration & Development in a report released on Wednesday, March 12th. Atb Cap Markets analyst A. Arif now expects that the company will post earnings of $0.69 per share for the quarter, up from their previous 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 analysts also recently issued reports on PEY. BMO Capital Markets boosted their price objective on shares of Peyto Exploration & Development from C$17.50 to C$18.50 in a report on Tuesday, January 14th. CIBC boosted their target price on shares of Peyto Exploration & Development from C$17.00 to C$17.50 in a research report on Friday, January 17th. Finally, TD Securities boosted their target price on shares of Peyto Exploration & Development from C$19.00 to C$20.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Six analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of C$18.39.

Peyto Exploration & Development Stock Performance

TSE PEY opened at C$16.26 on Thursday. The company has a quick ratio of 0.32, a current ratio of 1.28 and a debt-to-equity ratio of 49.96. The company has a market capitalization of C$3.23 billion, a P/E ratio of 10.96, a P/E/G ratio of -0.46 and a beta of 1.75. Peyto Exploration & Development has a 12-month low of C$13.40 and a 12-month high of C$17.57. The firm has a 50-day moving average price of C$16.23 and a two-hundred day moving average price of C$15.75.

Insider Buying and Selling

In other Peyto Exploration & Development news, Director Jean-Paul Henri Lachance bought 5,000 shares of Peyto Exploration & Development stock in a transaction on Friday, January 31st. The shares were purchased at an average cost of C$15.85 per share, with a total value of C$79,250.00. Also, Senior Officer Riley Millar Frame bought 3,300 shares of Peyto Exploration & Development stock in a transaction on Monday, December 16th. The shares were acquired at an average cost of C$15.90 per share, for a total transaction of C$52,470.00. In the last three months, insiders purchased 25,750 shares of company stock worth $411,718 and sold 208,306 shares worth $3,478,583. 2.36% of the stock is owned by corporate insiders.

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.