TSE:KEC FY2025 EPS Forecast Decreased by Atb Cap Markets

Kiwetinohk Energy Corp. (TSE:KEC) – Equities researchers at Atb Cap Markets dropped their FY2025 earnings estimates for Kiwetinohk Energy in a note issued to investors on Thursday, August 7th. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings per share of $3.52 for the year, down from their prior estimate of $3.56. The consensus estimate for Kiwetinohk Energy’s current full-year earnings is $2.35 per share. Atb Cap Markets also issued estimates for Kiwetinohk Energy’s FY2027 earnings at $2.08 EPS.

A number of other brokerages have also recently weighed in on KEC. National Bankshares increased their price target on shares of Kiwetinohk Energy from C$22.50 to C$24.00 and gave the stock an “outperform” rating in a research note on Thursday, May 8th. Royal Bank Of Canada increased their price target on shares of Kiwetinohk Energy from C$18.00 to C$21.00 and gave the stock an “outperform” rating in a research note on Monday, June 30th.

Kiwetinohk Energy Stock Up 1.3%

Kiwetinohk Energy stock opened at C$23.26 on Monday. The company has a market capitalization of C$1.02 billion, a P/E ratio of 15.53 and a beta of 0.29. The company has a debt-to-equity ratio of 33.50, a quick ratio of 0.48 and a current ratio of 0.82. Kiwetinohk Energy has a fifty-two week low of C$13.06 and a fifty-two week high of C$24.15. The stock has a 50-day simple moving average of C$21.03 and a 200-day simple moving average of C$17.86.

Insider Activity

In other news, Director Judith Athaide acquired 4,842 shares of Kiwetinohk Energy stock in a transaction that occurred on Friday, June 27th. The shares were acquired at an average price of C$20.65 per share, with a total value of C$99,987.30. Also, Director Steven William Sinclair acquired 20,000 shares of Kiwetinohk Energy stock in a transaction that occurred on Thursday, June 26th. The shares were purchased at an average cost of C$20.25 per share, for a total transaction of C$405,000.00. Insiders bought a total of 65,542 shares of company stock worth $1,353,755 in the last three months. Company insiders own 14.72% of the company’s stock.

About Kiwetinohk Energy

Kiwetinohk Energy Corp develops and produces natural gas and related products and is in the process of developing renewable, natural gas-fired power, carbon capture and hydrogen clean energy projects.