Shares of Advantage Oil & Gas (NYSE:AAV) (TSE:AAV) have been given a consensus rating of “Hold” by the seven brokerages that are presently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $10.17.
Several equities analysts have weighed in on AAV shares. Tudor Pickering raised shares of Advantage Oil & Gas from a “hold” rating to a “buy” rating in a report on Monday, March 26th. Zacks Investment Research raised shares of Advantage Oil & Gas from a “sell” rating to a “hold” rating in a report on Friday, March 9th.
Shares of AAV traded down $0.10 on Tuesday, reaching $3.10. The company’s stock had a trading volume of 795,236 shares, compared to its average volume of 350,331. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.16. The company has a market cap of $576.60, a price-to-earnings ratio of 15.50 and a beta of 0.64. Advantage Oil & Gas has a 12-month low of $2.70 and a 12-month high of $7.35.
Advantage Oil & Gas (NYSE:AAV) (TSE:AAV) last posted its quarterly earnings data on Monday, March 5th. The oil and gas company reported $0.04 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.04. The company had revenue of $51.80 million for the quarter, compared to the consensus estimate of $53.33 million. Advantage Oil & Gas had a net margin of 39.22% and a return on equity of 2.98%. analysts predict that Advantage Oil & Gas will post 0.18 EPS for the current fiscal year.
A number of large investors have recently modified their holdings of AAV. Burgundy Asset Management Ltd. lifted its holdings in Advantage Oil & Gas by 8.0% during the fourth quarter. Burgundy Asset Management Ltd. now owns 21,789,890 shares of the oil and gas company’s stock valued at $93,795,000 after purchasing an additional 1,622,276 shares in the last quarter. Mackenzie Financial Corp raised its position in shares of Advantage Oil & Gas by 14.1% during the fourth quarter. Mackenzie Financial Corp now owns 11,315,163 shares of the oil and gas company’s stock valued at $48,655,000 after buying an additional 1,396,627 shares during the last quarter. Donald Smith & CO. Inc. raised its position in shares of Advantage Oil & Gas by 23.6% during the fourth quarter. Donald Smith & CO. Inc. now owns 4,476,993 shares of the oil and gas company’s stock valued at $19,251,000 after buying an additional 855,168 shares during the last quarter. Luminus Management LLC bought a new stake in shares of Advantage Oil & Gas during the fourth quarter valued at approximately $3,644,000. Finally, Lombard Odier Asset Management USA Corp bought a new stake in shares of Advantage Oil & Gas during the fourth quarter valued at approximately $2,542,000. 62.04% of the stock is currently owned by institutional investors and hedge funds.
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Advantage Oil & Gas Company Profile
Advantage Oil & Gas Ltd., together with its subsidiaries, acquires, exploits, develops, and produces natural gas in the Province of Alberta, Canada. The company primarily focuses on the development and delineation of its Montney natural gas and liquids resource that includes 200 net sections of land in Glacier, Alberta.
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