FY2024 EPS Forecast for Kiwetinohk Energy Raised by Analyst

Kiwetinohk Energy Corp. (TSE:KEC) – Analysts at Atb Cap Markets raised their FY2024 earnings estimates for Kiwetinohk Energy in a report released on Monday, January 27th. Atb Cap Markets analyst A. Arif now anticipates that the company will earn $0.83 per share for the year, up from their prior forecast of $0.82. The consensus estimate for Kiwetinohk Energy’s current full-year earnings is $2.35 per share. Atb Cap Markets also issued estimates for Kiwetinohk Energy’s Q4 2024 earnings at $0.45 EPS, Q1 2025 earnings at $0.48 EPS, Q3 2025 earnings at $0.60 EPS, Q4 2025 earnings at $0.68 EPS, FY2025 earnings at $2.15 EPS and FY2027 earnings at $1.89 EPS.

Separately, BMO Capital Markets boosted their target price on Kiwetinohk Energy from C$20.00 to C$21.00 in a report on Friday, December 13th.

Kiwetinohk Energy Stock Performance

Shares of KEC opened at C$17.20 on Thursday. The firm’s fifty day moving average is C$16.33 and its two-hundred day moving average is C$14.95. The company has a quick ratio of 0.48, a current ratio of 0.68 and a debt-to-equity ratio of 31.07. The stock has a market cap of C$751.12 million, a PE ratio of 36.60 and a beta of 0.29. Kiwetinohk Energy has a 52-week low of C$10.61 and a 52-week high of C$17.48.

Kiwetinohk Energy (TSE:KEC) last released its quarterly earnings data on Wednesday, November 6th. The company reported C$0.73 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.42 by C$0.31. Kiwetinohk Energy had a net margin of 4.53% and a return on equity of 3.03%. The company had revenue of C$116.71 million during the quarter, compared to analysts’ expectations of C$117.00 million.

Kiwetinohk Energy Company Profile

Kiwetinohk Energy Corp., an energy transition company, develops and produces of natural gas and related products in Canada. The company sells crude oil, natural gas, condensate, and natural gas liquids. It also in the process of developing renewable, and natural gas-fired power generation projects to incorporate carbon capture technology, as well as explores and develops of petroleum and natural gas in western Canada.