Key Points
- Director Jean-Paul Henri Lachance purchased 5,000 shares at an average price of C$23.73 (C$118,650 total), bringing his holdings to 529,401 shares — a roughly 0.95% increase in ownership valued at about C$12.56M.
- Recent results and valuation: Peyto reported C$0.61 EPS on C$355.02M revenue last quarter with a 38.72% net margin, and the stock trades at a PE of 11.92 with a C$4.99B market cap.
- Analyst sentiment is a "Moderate Buy" with a consensus target of C$24.55, while recent individual analyst moves include several upgraded price targets and a mix of buy/hold ratings.
Peyto Exploration & Development Corp. (TSE:PEY - Get Free Report) insider Riley Millar Frame purchased 1,550 shares of the firm's stock in a transaction dated Friday, April 17th. The stock was acquired at an average cost of C$24.07 per share, for a total transaction of C$37,308.50. Following the completion of the purchase, the insider owned 138,452 shares of the company's stock, valued at approximately C$3,332,539.64. This represents a 1.13% increase in their position.
Peyto Exploration & Development Stock Down 2.8%
TSE PEY opened at C$24.55 on Friday. The firm has a market cap of C$4.99 billion, a PE ratio of 11.92, a P/E/G ratio of -0.46 and a beta of -0.18. Peyto Exploration & Development Corp. has a 52 week low of C$16.99 and a 52 week high of C$29.22. The business's fifty day simple moving average is C$26.60 and its 200-day simple moving average is C$23.47. The company has a quick ratio of 0.32, a current ratio of 0.98 and a debt-to-equity ratio of 41.44.
Peyto Exploration & Development (TSE:PEY - Get Free Report) last issued its quarterly earnings data on Tuesday, March 10th. The company reported C$0.61 earnings per share (EPS) for the quarter. The firm had revenue of C$355.02 million for the quarter. Peyto Exploration & Development had a net margin of 38.72% and a return on equity of 15.30%.
Analyst Ratings Changes
PEY has been the subject of several analyst reports. Royal Bank Of Canada upped their price target on Peyto Exploration & Development from C$24.00 to C$27.00 and gave the stock a "sector perform" rating in a research note on Friday, February 20th. Scotiabank upped their target price on Peyto Exploration & Development from C$24.00 to C$27.00 and gave the company an "outperform" rating in a report on Wednesday, January 21st. Desjardins upped their target price on Peyto Exploration & Development from C$27.00 to C$31.00 and gave the company a "buy" rating in a report on Thursday, March 12th. Canadian Imperial Bank of Commerce raised Peyto Exploration & Development from a "hold" rating to an "outperform" rating and upped their target price for the company from C$21.00 to C$25.00 in a report on Tuesday, January 13th. Finally, TD Securities lowered Peyto Exploration & Development from a "buy" rating to a "hold" rating and set a C$25.00 target price on the stock. in a report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of C$24.55.
Read Our Latest Analysis on PEY
Peyto Exploration & Development Company Profile
(
Get Free Report)
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.
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