TSE:HWX FY2025 EPS Estimate Increased by Atb Cap Markets

Posted by Lindsey Winhoffer on Dec 11th, 2024

Headwater Exploration Inc. (TSE:HWX – Free Report) – Equities research analysts at Atb Cap Markets upped their FY2025 EPS estimates for Headwater Exploration in a research note issued on Thursday, December 5th. Atb Cap Markets analyst A. Arif now anticipates that the company will earn $0.74 per share for the year, up from their prior forecast of $0.73. Atb Cap Markets has a “Strong-Buy” rating on the stock. The consensus estimate for Headwater Exploration’s current full-year earnings is $0.63 per share.

A number of other research firms have also recently commented on HWX. Raymond James raised shares of Headwater Exploration to a “hold” rating in a research report on Thursday, October 17th. National Bankshares cut their price target on shares of Headwater Exploration from C$10.50 to C$9.50 in a research note on Friday, September 27th. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of C$9.46.

Check Out Our Latest Report on Headwater Exploration

Headwater Exploration Trading Down 2.3 %

TSE HWX opened at C$6.66 on Monday. The firm’s 50-day moving average is C$6.81 and its two-hundred day moving average is C$6.92. Headwater Exploration has a 12 month low of C$5.88 and a 12 month high of C$8.57. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.53 and a quick ratio of 2.07. The stock has a market capitalization of C$1.58 billion, a P/E ratio of 8.69, a PEG ratio of 0.83 and a beta of 1.55.

Headwater Exploration Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 6.01%. The ex-dividend date of this dividend is Tuesday, December 31st. Headwater Exploration’s dividend payout ratio (DPR) is 51.28%.

Headwater Exploration Company Profile

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Headwater Exploration Inc engages in the exploration, development, and production of petroleum and natural gas in Canada. It holds interest in the Marten Hills area located in Alberta, and McCully Field area located in New Brunswick. The company was formerly known as Corridor Resources Inc and changed its name to Headwater Exploration Inc in March 2020.