Cormark Decreases Earnings Estimates for Advantage Energy

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) – Stock analysts at Cormark cut their FY2026 earnings estimates for Advantage Energy in a research note issued to investors on Friday, May 2nd. Cormark analyst K. Baim now anticipates that the company will post earnings of $0.94 per share for the year, down from their prior estimate of $1.11. Cormark has a “Moderate Buy” rating on the stock. The consensus estimate for Advantage Energy’s current full-year earnings is $1.47 per share.

A number of other equities analysts have also recently weighed in on AAV. Raymond James cut their price target on Advantage Energy from C$12.00 to C$11.00 in a report on Wednesday, April 9th. Desjardins upped their target price on shares of Advantage Energy from C$13.50 to C$14.00 and gave the company a “buy” rating in a report on Monday. BMO Capital Markets raised their price target on shares of Advantage Energy from C$12.00 to C$13.00 in a research note on Tuesday, January 14th. CIBC boosted their price objective on shares of Advantage Energy from C$11.50 to C$12.00 and gave the company a “neutral” rating in a research report on Friday, May 2nd. Finally, National Bank Financial upgraded shares of Advantage Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 20th. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of C$13.63.

Advantage Energy Price Performance

Shares of TSE AAV opened at C$10.25 on Monday. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 41.40. The company’s 50-day moving average price is C$9.81 and its 200 day moving average price is C$9.49. Advantage Energy has a 52 week low of C$7.81 and a 52 week high of C$11.73. The stock has a market cap of C$1.70 billion, a price-to-earnings ratio of 37.33, a PEG ratio of -3.58 and a beta of 1.46.

Insider Activity at Advantage Energy

In related news, Director Daniel Stuart Farb acquired 32,500 shares of the business’s stock in a transaction on Wednesday, April 9th. The shares were bought at an average cost of C$8.36 per share, with a total value of C$271,849.50. Also, Director John Festival acquired 20,000 shares of Advantage Energy stock in a transaction on Monday, March 10th. The shares were bought at an average price of C$9.18 per share, for a total transaction of C$183,600.00. Over the last quarter, insiders have acquired 54,500 shares of company stock worth $472,770. Company insiders own 1.55% of the company’s stock.

Advantage Energy Company Profile

Advantage Energy Ltd supplies clean, affordable, reliable, and sustainable Canadian energy to power the needs of Canada and the world. It is focused on the development and delineation of its Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla, and Progress, Alberta.