Atb Cap Markets Brokers Boost Earnings Estimates for TSE:PEY

Peyto Exploration & Development Corp. (TSE:PEY) – Research analysts at Atb Cap Markets increased their Q1 2025 earnings estimates for shares of Peyto Exploration & Development in a research note issued to investors on Wednesday, March 12th. Atb Cap Markets analyst A. Arif now expects that the company will earn $0.69 per share for the quarter, up from their previous forecast 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.

Several other analysts also recently commented on the stock. BMO Capital Markets upped their price target on shares of Peyto Exploration & Development from C$17.50 to C$18.50 in a research report on Tuesday, January 14th. Desjardins boosted their price objective on shares of Peyto Exploration & Development from C$16.50 to C$17.00 and gave the company a “hold” rating in a research note on Thursday. TD Securities boosted their price objective on shares of Peyto Exploration & Development from C$19.00 to C$20.00 and gave the company a “buy” rating in a research note on Friday, February 21st. Finally, CIBC boosted their price objective on shares of Peyto Exploration & Development from C$17.00 to C$17.50 in a research note on Friday, January 17th. One analyst has rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Peyto Exploration & Development currently has an average rating of “Buy” and an average target price of C$18.67.

Peyto Exploration & Development Stock Up 1.0 %

PEY stock opened at C$16.43 on Thursday. The company has a fifty day moving average price of C$16.21 and a 200 day moving average price of C$15.75. Peyto Exploration & Development has a 12 month low of C$13.40 and a 12 month high of C$17.57. The company has a market cap of C$3.26 billion, a price-to-earnings ratio of 11.08, a price-to-earnings-growth ratio of -0.46 and a beta of 1.75. The company has a debt-to-equity ratio of 49.96, a current ratio of 1.28 and a quick ratio of 0.32.

Insider Transactions at Peyto Exploration & Development

In related news, Director Jean-Paul Henri Lachance purchased 5,000 shares of the stock in a transaction dated Friday, January 31st. The shares were acquired at an average cost of C$15.85 per share, with a total value of C$79,250.00. Also, Senior Officer Derick Nathan Czember sold 62,000 shares of the company’s stock in a transaction on Friday, January 17th. The stock was sold at an average price of C$16.18, for a total transaction of C$1,002,936.80. In the last ninety days, insiders have purchased 25,750 shares of company stock valued at $411,718 and have sold 208,306 shares valued at $3,478,583. Corporate insiders own 2.36% of the company’s stock.

About Peyto Exploration & Development

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.