2 weeks Ago By Defense World Staff
Shares of Peyto Exploration & Development Corp. ( TSE:PEY – Get Free Report ) have earned an average rating of “Buy” from the nine analysts that are covering the stock, Marketbeat reports. One analyst has rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company.
The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$17.28. A number of analysts recently weighed in on the stock.
National Bankshares upped their target price on shares of Peyto Exploration & Development from C$18.00 to C$18.50 in a research note on Friday.
CIBC reduced their price objective on shares of Peyto Exploration & Development from C$17.50 to C$17.00 in a report on Monday, July 15th.
Scotiabank upgraded shares of Peyto Exploration & Development to a “strong-buy” rating in a research note on Friday, June 14th. Finally, TD Securities upgraded Peyto Exploration & Development to a “strong-buy” rating in a research note on Friday, June 21st. View Our Latest Report on Peyto Exploration & Development Peyto Exploration & Development Price Performance Peyto Exploration & Development ( TSE:PEY – Get Free Report ) last released its earnings results on Tuesday, August 13th.
The company reported C$0.26 EPS for the quarter, missing the consensus estimate of C$0.27 by C($0.
01). The company had revenue of C$256.55 million for the quarter, compared to analyst estimates of C$257.
10 million. Peyto Exploration & Development had a return on equity of 11.86% and a net margin of 32.
88%. On average, research analysts expect that Peyto Exploration & Development will post 2.5599315 EPS for the current fiscal year.
Peyto Exploration & Development Dividend Announcement The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be issued a dividend of $0.11 per share.
This represents a $1.32 annualized dividend and a dividend yield of 8.78%.
The ex-dividend date of this dividend is Friday, September 27th. Peyto Exploration & Development’s payout ratio is 85.16%.
Insider Transactions at Peyto Exploration & Development In other news, Director Jean-Paul Henri Lachance sold 16,600 shares of the stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of C$15.10, for a total value of C$250,660.
00. In other news, Director Jean-Paul Henri Lachance sold 16,600 shares of the company’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of C$15.
10, for a total value of C$250,660.00. Also, Director Stephen Jonathan Chetner sold 3,831 shares of the stock in a transaction dated Tuesday, September 17th.
The stock was sold at an average price of C$14.80, for a total transaction of C$56,698.80.
Over the last 90 days, insiders have bought 41,775 shares of company stock worth $608,667 and have sold 267,641 shares worth $3,893,311. Insiders own 2.37% of the company’s stock.
About Peyto Exploration & Development ( Get Free Report Peyto Exploration & Development Corp., an energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids in Deep Basin of Alberta. The company was formerly known as Peyto Energy Trust and changed its name to Peyto Exploration & Development Corp.
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