Cormark Has Bearish Forecast for TSE:AAV FY2026 Earnings

Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) – Equities researchers at Cormark lowered their FY2026 earnings per share estimates for shares of Advantage Energy in a research report issued on Friday, May 2nd. Cormark analyst K. Baim now expects that the company will post earnings per share of $0.94 for the year, down from their previous estimate of $1.11. Cormark currently 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 research analysts also recently issued reports on AAV. Raymond James reduced their price target on shares of Advantage Energy from C$12.00 to C$11.00 in a research report on Wednesday, April 9th. National Bankshares upgraded Advantage Energy from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from C$11.50 to C$15.00 in a research note on Thursday, January 30th. BMO Capital Markets increased their price target on Advantage Energy from C$12.00 to C$13.00 in a research report on Tuesday, January 14th. National Bank Financial raised Advantage Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, January 20th. Finally, CIBC upped their price objective on Advantage Energy from C$11.50 to C$12.00 and gave the stock a “neutral” rating in a research note on Friday, May 2nd. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of C$13.63.

Advantage Energy Stock Performance

Shares of AAV opened at C$10.25 on Monday. The stock has a market capitalization of C$1.70 billion, a PE ratio of 37.33, a price-to-earnings-growth ratio of -3.58 and a beta of 1.46. The business’s fifty day moving average price is C$9.81 and its 200 day moving average price is C$9.49. The company has a debt-to-equity ratio of 41.40, a current ratio of 0.75 and a quick ratio of 0.72. Advantage Energy has a 12-month low of C$7.81 and a 12-month high of C$11.73.

Insider Transactions at Advantage Energy

In related news, Director Daniel Stuart Farb bought 32,500 shares of the business’s stock in a transaction dated 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 purchased 20,000 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The stock was bought at an average price of C$9.18 per share, with a total value of C$183,600.00. Insiders have acquired 54,500 shares of company stock valued at $472,770 in the last quarter. 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.