Advantage Energy Ltd. (TSE:AAV) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have been given an average rating of “Moderate Buy” by the eleven analysts that are covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is C$13.21.

A number of research analysts recently weighed in on AAV shares. CIBC reiterated a “neutral” rating and issued a C$12.00 price objective on shares of Advantage Energy in a research note on Thursday, August 29th. National Bank Financial lowered Advantage Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 8th. National Bankshares dropped their target price on Advantage Energy from C$13.00 to C$11.50 in a report on Friday, September 27th. BMO Capital Markets dropped their price target on Advantage Energy from C$13.00 to C$12.00 in a research note on Friday, October 4th. Finally, Cormark raised shares of Advantage Energy to a “moderate buy” rating in a research note on Monday, September 23rd.

Insider Activity at Advantage Energy

In other Advantage Energy news, Director John Festival bought 20,000 shares of the business’s stock in a transaction that occurred on Monday, October 28th. The stock was bought at an average cost of C$8.80 per share, for a total transaction of C$176,000.00. Also, Senior Officer Geoffrey Keyser purchased 4,000 shares of the firm’s stock in a transaction on Monday, October 28th. The stock was acquired at an average price of C$8.89 per share, for a total transaction of C$35,540.00. Insiders have purchased a total of 74,047 shares of company stock worth $655,072 over the last quarter. Company insiders own 1.55% of the company’s stock.

Advantage Energy Trading Down 1.1 %

AAV opened at C$8.45 on Friday. The company has a fifty day moving average price of C$8.97 and a two-hundred day moving average price of C$9.62. The company has a market cap of C$1.41 billion, a P/E ratio of 17.98, a price-to-earnings-growth ratio of -3.58 and a beta of 1.46. The company has a current ratio of 0.76, a quick ratio of 0.72 and a debt-to-equity ratio of 46.86. Advantage Energy has a 1-year low of C$8.24 and a 1-year high of C$11.73.

Advantage Energy (TSE:AAV) (NYSE:AAV) last issued its quarterly earnings data on Thursday, October 24th. The company reported C($0.04) earnings per share for the quarter, missing the consensus estimate of C$0.03 by C($0.07). The company had revenue of C$144.86 million for the quarter, compared to the consensus estimate of C$161.10 million. Advantage Energy had a net margin of 16.05% and a return on equity of 5.02%. Analysts predict that Advantage Energy will post 1.4701493 EPS for the current fiscal year.

About Advantage Energy

Advantage Energy Ltd., together with its subsidiaries, engages in the acquisition, exploitation, development, and production natural gas, crude oil, and natural gas liquids (NGLs) in the Province of Alberta, Canada. Its assets are located approximately 4 to 80 km northwest of the city of Grande Prairie, Alberta.