Todd Burdick Purchases 2,150 Shares of Peyto Exploration & Development Corp. (TSE:PEY) Stock

Peyto Exploration & Development Corp. (TSE:PEY) Senior Officer Todd Burdick bought 2,150 shares of the stock in a transaction that occurred on Tuesday, January 21st. The stock was acquired at an average price of C$16.35 per share, for a total transaction of C$35,153.58.

Todd Burdick also recently made the following trade(s):

• On Friday, January 3rd, Todd Burdick sold 24,000 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$17.16, for a total value of C$411,888.00.

Peyto Exploration & Development Trading Up 0.4 %

Shares of PEY stock opened at C$16.70 on Thursday. Peyto Exploration & Development Corp. has a 12-month low of C$12.41 and a 12-month high of C$17.57. The company has a quick ratio of 0.32, a current ratio of 1.15 and a debt-to-equity ratio of 50.02. The company has a 50 day moving average of C$16.51 and a 200-day moving average of C$15.40. The firm has a market cap of C$3.27 billion, a P/E ratio of 10.77, a PEG ratio of -0.46 and a beta of 1.75.

Peyto Exploration & Development (TSE:PEY) last issued its earnings results on Tuesday, November 12th. The company reported C$0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.27 by C($0.01). Peyto Exploration & Development had a net margin of 32.88% and a return on equity of 11.86%.

Analysts Set New Price Targets

Several brokerages recently issued reports on PEY. TD Securities cut their target price on Peyto Exploration & Development from C$19.00 to C$18.00 in a research report on Tuesday, October 1st. CIBC upped their target price on shares of Peyto Exploration & Development from C$17.00 to C$17.50 in a research note on Friday, January 17th. National Bankshares boosted their price target on shares of Peyto Exploration & Development from C$18.00 to C$18.50 in a report on Friday, September 27th. BMO Capital Markets increased their price objective on shares of Peyto Exploration & Development from C$17.50 to C$18.50 in a research note on Tuesday, January 14th. Finally, Atlantic Securities boosted their target price on Peyto Exploration & Development from C$17.50 to C$18.50 and gave the stock an “outperform” rating in a research note on Monday, October 7th. One equities research analyst has rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Peyto Exploration & Development presently has an average rating of “Buy” and a consensus price target of C$17.85.

Peyto Exploration & Development Company Profile

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.