NuVista Energy (TSE:NVA) PT Lowered to C$16.00

NuVista Energy (TSE:NVA) had its price objective trimmed by TD Securities from C$17.00 to C$16.00 in a research report released on Tuesday morning, BayStreet.CA reports.

A number of other research analysts also recently commented on NVA. BMO Capital Markets upped their price objective on shares of NuVista Energy from C$17.00 to C$18.00 and gave the company an outperform rating in a research note on Wednesday, June 26th. Jefferies Financial Group lowered their target price on shares of NuVista Energy from C$17.00 to C$14.00 and set a buy rating for the company in a report on Monday, September 16th. CIBC increased their price target on shares of NuVista Energy from C$16.50 to C$20.00 in a research note on Monday, July 15th. Cormark raised shares of NuVista Energy to a strong-buy rating in a research note on Monday, September 23rd. Finally, National Bankshares dropped their price objective on NuVista Energy from C$15.00 to C$14.50 in a report on Friday, September 27th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, NuVista Energy presently has a consensus rating of Moderate Buy and a consensus target price of C$15.78.

NuVista Energy Stock Up 1.1 %

NVA stock opened at C$11.37 on Tuesday. The company has a 50 day moving average price of C$12.35 and a two-hundred day moving average price of C$12.76. The company has a debt-to-equity ratio of 15.03, a quick ratio of 0.78 and a current ratio of 0.90. The stock has a market capitalization of C$2.34 billion, a P/E ratio of 6.99, a PEG ratio of 0.59 and a beta of 2.61. NuVista Energy has a one year low of C$9.59 and a one year high of C$14.86.

NuVista Energy (TSE:NVA) last announced its quarterly earnings data on Thursday, August 8th. The company reported C$0.53 EPS for the quarter, beating analysts’ consensus estimates of C$0.35 by C$0.18. The business had revenue of C$323.35 million during the quarter, compared to the consensus estimate of C$312.00 million. NuVista Energy had a return on equity of 16.18% and a net margin of 28.29%. As a group, sell-side analysts expect that NuVista Energy will post 1.0234302 EPS for the current year.

Insider Transactions at NuVista Energy

In related news, Senior Officer Ryan Daniel Paulgaard sold 5,073 shares of the firm’s stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of C$13.26, for a total transaction of C$67,267.98. Company insiders own 20.25% of the company’s stock.

About NuVista Energy

NuVista Energy Ltd., together with its subsidiary, engages in the exploration, development, and production of oil and natural gas reserves in the Western Canadian Sedimentary Basin. The company is involved in the development, delineation, and production of condensate, natural gas liquids, and natural gas reserves.