Nuvista Energy Ltd (NVA) to Post Q4 2017 Earnings of $0.11 Per Share, Cormark Forecasts

Nuvista Energy Ltd (TSE:NVA) – Analysts at Cormark dropped their Q4 2017 earnings per share (EPS) estimates for Nuvista Energy in a research note issued to investors on Wednesday. Cormark analyst A. Arif now expects that the company will post earnings of $0.11 per share for the quarter, down from their previous forecast of $0.12. Cormark also issued estimates for Nuvista Energy’s Q1 2018 earnings at $0.12 EPS.

Several other equities analysts also recently commented on the company. Raymond James Financial, Inc. lowered their price objective on Nuvista Energy from C$10.00 to C$9.00 and set an “outperform” rating on the stock in a research report on Thursday, May 11th. CSFB restated an “outperform” rating and issued a C$8.50 price objective on shares of Nuvista Energy in a research report on Thursday, May 11th. BMO Capital Markets boosted their price objective on Nuvista Energy from C$6.50 to C$7.00 and gave the company a “market perform” rating in a research report on Monday, June 5th. Finally, National Bank Financial boosted their price objective on Nuvista Energy from C$7.75 to C$8.25 and gave the company an “outperform” rating in a research report on Wednesday. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of C$8.54.

ILLEGAL ACTIVITY NOTICE: This news story was first posted by Ticker Report and is the sole property of of Ticker Report. If you are viewing this news story on another website, it was copied illegally and reposted in violation of US & international trademark and copyright law. The correct version of this news story can be accessed at https://www.tickerreport.com/banking-finance/2797252/nuvista-energy-ltd-nva-to-post-q4-2017-earnings-of-0-11-per-share-cormark-forecasts.html.

Shares of Nuvista Energy (TSE NVA) traded down 2.01% during mid-day trading on Thursday, reaching $6.35. The company had a trading volume of 54,179 shares. The firm has a 50 day moving average of $6.35 and a 200-day moving average of $6.41. Nuvista Energy has a one year low of $5.33 and a one year high of $7.80. The stock has a market capitalization of $1.10 billion and a P/E ratio of 30.98.

In related news, Director Grant A. Zawalsky sold 6,343 shares of the business’s stock in a transaction dated Tuesday, May 16th. The stock was sold at an average price of C$7.54, for a total value of C$47,826.22.

About Nuvista Energy

Earnings History and Estimates for Nuvista Energy (TSE:NVA)

Receive News & Ratings for Nuvista Energy Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuvista Energy Ltd and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.