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

Peyto Exploration & Development Corp. (TSE:PEY) Senior Officer Todd Burdick purchased 2,150 shares of Peyto Exploration & Development stock in a transaction dated Tuesday, January 21st. The stock was bought at an average price of C$16.35 per share, with a total value 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 Price Performance

Shares of Peyto Exploration & Development stock opened at C$16.70 on Thursday. The business’s 50-day moving average price is C$16.51 and its 200-day moving average price is C$15.40. The firm has a market capitalization of C$3.27 billion, a PE ratio of 10.77, a price-to-earnings-growth ratio of -0.46 and a beta of 1.75. 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 current ratio of 1.15, a quick ratio of 0.32 and a debt-to-equity ratio of 50.02.

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

Analysts Set New Price Targets

PEY has been the topic of several analyst reports. National Bankshares upped their price target on Peyto Exploration & Development from C$18.00 to C$18.50 in a research report on Friday, September 27th. Atlantic Securities increased their target price on shares of 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. CIBC upped their price target on shares of Peyto Exploration & Development from C$17.00 to C$17.50 in a report on Friday, January 17th. BMO Capital Markets lifted their price objective on Peyto Exploration & Development from C$17.50 to C$18.50 in a research note on Tuesday, January 14th. Finally, TD Securities decreased their target price on Peyto Exploration & Development from C$19.00 to C$18.00 in a research note on Tuesday, October 1st. One investment analyst has rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of C$17.85.

About Peyto Exploration & Development

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.