Atb Cap Markets Analysts Lift Earnings Estimates for TSE:HWX

Headwater Exploration Inc. (TSE:HWX) – Investment analysts at Atb Cap Markets raised their FY2026 earnings per share estimates for shares of Headwater Exploration in a research note issued on Friday, March 14th. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings of $0.60 per share for the year, up from their prior estimate of $0.57. Atb Cap Markets currently has a “Strong-Buy” rating on the stock. The consensus estimate for Headwater Exploration’s current full-year earnings is $0.63 per share. Atb Cap Markets also issued estimates for Headwater Exploration’s FY2027 earnings at $0.47 EPS.

A number of other analysts have also recently issued reports on the company. National Bankshares decreased their target price on Headwater Exploration from C$9.50 to C$9.00 and set an “outperform” rating for the company in a report on Thursday, December 19th. CIBC set a C$9.00 price target on Headwater Exploration and gave the stock an “outperform” rating in a research report on Thursday, January 30th. Finally, Raymond James raised Headwater Exploration from a “market perform” rating to an “outperform” rating in a research report on Tuesday, January 7th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Headwater Exploration presently has a consensus rating of “Buy” and a consensus price target of C$9.54.

Headwater Exploration Stock Down 0.9 %

Shares of TSE:HWX opened at C$6.27 on Monday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.07 and a current ratio of 1.54. Headwater Exploration has a 1 year low of C$5.70 and a 1 year high of C$8.57. The stock has a market capitalization of C$1.49 billion, a P/E ratio of 8.04, a PEG ratio of 0.83 and a beta of 1.55. The stock has a 50-day simple moving average of C$6.66 and a 200-day simple moving average of C$6.69.

Insider Buying and Selling at Headwater Exploration

In related news, Director Phillip R. Knoll sold 5,400 shares of the company’s stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of C$6.97, for a total transaction of C$37,638.00. 5.08% of the stock is currently owned by corporate insiders.

About Headwater Exploration

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.