Roth Capital Has Strong Forecast for KGEI FY2024 Earnings

Kolibri Global Energy Inc. (NASDAQ:KGEI) – Research analysts at Roth Capital lifted their FY2024 earnings per share estimates for shares of Kolibri Global Energy in a report issued on Wednesday, December 11th. Roth Capital analyst J. White now forecasts that the company will earn $0.49 per share for the year, up from their previous estimate of $0.40. The consensus estimate for Kolibri Global Energy’s current full-year earnings is $0.44 per share. Roth Capital also issued estimates for Kolibri Global Energy’s Q4 2024 earnings at $0.15 EPS, Q1 2025 earnings at $0.13 EPS, Q2 2025 earnings at $0.11 EPS, Q3 2025 earnings at $0.13 EPS, Q4 2025 earnings at $0.14 EPS and FY2025 earnings at $0.51 EPS.

Kolibri Global Energy Trading Down 5.9 %

Shares of NASDAQ:KGEI opened at $5.22 on Monday. The business’s 50-day moving average is $3.80 and its 200 day moving average is $3.48. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.67 and a quick ratio of 0.67. Kolibri Global Energy has a 1 year low of $2.84 and a 1 year high of $5.84. The firm has a market capitalization of $186.05 million, a P/E ratio of 10.88, a P/E/G ratio of 0.78 and a beta of 0.93.

Institutional Investors Weigh In On Kolibri Global Energy

An institutional investor recently bought a new position in Kolibri Global Energy stock. National Bank of Canada FI bought a new position in Kolibri Global Energy Inc. (NASDAQ:KGEI) in the third quarter, according to its most recent filing with the SEC. The firm bought 43,808 shares of the company’s stock, valued at approximately $140,000. National Bank of Canada FI owned approximately 0.12% of Kolibri Global Energy as of its most recent SEC filing. 27.26% of the stock is currently owned by institutional investors.

Kolibri Global Energy Company Profile

Kolibri Global Energy Inc engages in the finding and exploiting oil, gas, and clean and sustainable energy in the United States. It sells crude oil, natural gas, and natural gas liquids. The company was formerly known as BNK Petroleum Inc and changed its name to Kolibri Global Energy Inc in November 2020.