Topaz Energy (TSE:TPZ – Get Free Report) is set to issue its quarterly earnings data after the market closes on Monday, October 30th. Analysts expect the company to announce earnings of C$0.07 per share for the quarter.
Topaz Energy (TSE:TPZ – Get Free Report) last posted its quarterly earnings data on Monday, July 31st. The company reported C$0.06 earnings per share for the quarter, missing the consensus estimate of C$0.07 by C($0.01). The company had revenue of C$74.68 million for the quarter. Topaz Energy had a net margin of 16.88% and a return on equity of 4.13%.
Topaz Energy Stock Performance
Topaz Energy stock opened at C$21.06 on Friday. The firm’s fifty day moving average price is C$21.62 and its 200-day moving average price is C$20.93. The company has a debt-to-equity ratio of 30.43, a quick ratio of 7.17 and a current ratio of 8.76. The stock has a market cap of C$3.04 billion, a P/E ratio of 55.42 and a beta of 0.63. Topaz Energy has a fifty-two week low of C$17.76 and a fifty-two week high of C$24.49.
Topaz Energy Increases Dividend
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on TPZ shares. Desjardins lifted their target price on shares of Topaz Energy from C$27.00 to C$27.50 and gave the stock a “buy” rating in a research report on Wednesday, August 2nd. TD Securities lowered shares of Topaz Energy from a “buy” rating to a “hold” rating and set a C$23.00 price target on the stock. in a report on Tuesday, August 1st. Canaccord Genuity Group raised their price target on shares of Topaz Energy from C$27.50 to C$28.00 in a report on Friday, October 20th. Stifel Nicolaus raised their price target on shares of Topaz Energy from C$24.75 to C$25.25 and gave the stock a “buy” rating in a report on Monday, October 16th. Finally, CIBC cut their price target on shares of Topaz Energy from C$26.75 to C$26.50 and set an “outperform” rating on the stock in a report on Monday, October 16th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$27.67.
About Topaz Energy
Topaz Energy Corp. operates as a royalty and energy infrastructure company in Canada. It operates through two segments: the Royalty Assets and the Infrastructure Assets. The company holds royalty interests on approximately 6.1 million gross acres of developed and undeveloped lands. It also involved in the natural gas processing and water management infrastructure activities.
- Five stocks we like better than Topaz Energy
- How to Invest in Social Media
- Can casino stocks win big if economy slows?
- Investing in Commodities: What Are They? How to Invest in Them
- Amazon comes to a boil; complete price reversal in sight
- Bank Stocks – Best Bank Stocks to Invest In
- Ford charts new path for EVs with focus on cost efficiency
Receive News & Ratings for Topaz Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Topaz Energy and related companies with MarketBeat.com's FREE daily email newsletter.