Advantage Energy (AAV) Scheduled to Post Quarterly Earnings on Thursday

Advantage Energy (TSE:AAV) (NYSE:AAV) is set to announce its earnings results after the market closes on Thursday, April 25th. Analysts expect the company to announce earnings of C$0.13 per share for the quarter.

Advantage Energy (TSE:AAV) (NYSE:AAV) last released its quarterly earnings data on Monday, March 4th. The company reported C$0.25 EPS for the quarter, topping the consensus estimate of C$0.19 by C$0.06. Advantage Energy had a net margin of 19.94% and a return on equity of 6.43%. The company had revenue of C$147.14 million during the quarter, compared to the consensus estimate of C$141.00 million.

Advantage Energy Trading Down 0.3 %

TSE:AAV opened at C$10.34 on Friday. The firm has a market capitalization of C$1.65 billion, a P/E ratio of 17.53, a PEG ratio of -3.58 and a beta of 1.65. The company’s 50-day simple moving average is C$9.90 and its 200 day simple moving average is C$9.43. Advantage Energy has a one year low of C$6.79 and a one year high of C$11.05. The company has a debt-to-equity ratio of 22.74, a current ratio of 1.25 and a quick ratio of 0.72.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Royal Bank of Canada increased their price objective on shares of Advantage Energy from C$10.00 to C$11.00 and gave the company a “sector perform” rating in a research report on Tuesday, March 5th. Stifel Nicolaus decreased their target price on Advantage Energy from C$14.50 to C$13.00 and set a “buy” rating for the company in a report on Monday, February 5th. TD Securities raised their target price on Advantage Energy from C$11.50 to C$12.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. CIBC lowered their target price on Advantage Energy from C$10.50 to C$9.75 in a report on Tuesday, January 16th. Finally, Scotiabank increased their price objective on Advantage Energy from C$16.00 to C$17.00 and gave the stock a “sector perform” rating in a report on Tuesday, March 5th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, Advantage Energy currently has an average rating of “Moderate Buy” and a consensus target price of C$12.34.

Insider Transactions at Advantage Energy

In other Advantage Energy news, Director John Larry Festival bought 40,000 shares of Advantage Energy stock in a transaction on Tuesday, March 19th. The stock was bought at an average price of C$9.95 per share, with a total value of C$398,000.00. Insiders own 1.27% of the company’s stock.

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.