Highwood Asset Management Ltd. (CVE:HAM) Forecasted to Earn FY2024 Earnings of $2.10 Per Share

Highwood Asset Management Ltd. (CVE:HAM) – Stock analysts at Atb Cap Markets upped their FY2024 earnings estimates for Highwood Asset Management in a report issued on Tuesday, April 16th. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings per share of $2.10 for the year, up from their prior forecast of $1.70. Atb Cap Markets currently has a “Outperform” rating on the stock. The consensus estimate for Highwood Asset Management’s current full-year earnings is $1.19 per share. Atb Cap Markets also issued estimates for Highwood Asset Management’s FY2025 earnings at $2.02 EPS and FY2026 earnings at $1.52 EPS.

Highwood Asset Management Stock Down 6.9 %

Shares of CVE HAM opened at C$6.70 on Friday. The stock has a market cap of C$100.57 million, a PE ratio of -33.50 and a beta of -0.87. Highwood Asset Management has a 1 year low of C$4.00 and a 1 year high of C$9.99.

About Highwood Asset Management

Highwood Asset Management Ltd., together with its subsidiary, engages in the acquisition, exploration, development, and production of oil and gas reserves in the Western Canadian Sedimentary basin. The company operates through Metallic Minerals, Midstream Operations, and Upstream Operations segments.