Journey Energy Inc. (TSE:JOY - Free Report) - Research analysts at Ventum Cap Mkts increased their FY2024 EPS estimates for Journey Energy in a note issued to investors on Friday, November 8th. Ventum Cap Mkts analyst A. Gill now anticipates that the company will earn $0.11 per share for the year, up from their prior forecast of $0.07. Ventum Cap Mkts has a "Strong-Buy" rating on the stock. The consensus estimate for Journey Energy's current full-year earnings is $0.26 per share. Ventum Cap Mkts also issued estimates for Journey Energy's Q4 2024 earnings at $0.04 EPS, Q1 2025 earnings at $0.01 EPS, Q2 2025 earnings at $0.00 EPS, Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.06 EPS and FY2025 earnings at $0.12 EPS.
Shares of JOY stock opened at C$2.08 on Monday. The business's fifty day moving average is C$2.38 and its 200 day moving average is C$2.85. The company has a quick ratio of 0.95, a current ratio of 0.68 and a debt-to-equity ratio of 20.04. The stock has a market cap of C$127.61 million, a price-to-earnings ratio of 11.56, a PEG ratio of 0.01 and a beta of 3.41. Journey Energy has a twelve month low of C$2.04 and a twelve month high of C$4.67.
Journey Energy (TSE:JOY - Get Free Report) last released its earnings results on Thursday, August 8th. The company reported C($0.04) EPS for the quarter. The firm had revenue of C$50.53 million during the quarter. Journey Energy had a net margin of 6.72% and a return on equity of 3.85%.
Journey Energy Inc is involved in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada. The company was formerly known as Sword Energy Inc and changed its name to Journey Energy Inc in July 2012. Journey Energy Inc was founded in 2007 and is headquartered in Calgary, Canada.
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