Atb Cap Markets Has Bullish Estimate for TSE:HWX Q1 Earnings

Headwater Exploration Inc. (TSE:HWX) – Equities research analysts at Atb Cap Markets raised their Q1 2025 earnings per share (EPS) estimates for shares of Headwater Exploration in a research note issued on Thursday, April 17th. Atb Cap Markets analyst A. Arif now expects that the company will post earnings of $0.22 per share for the quarter, up from their prior estimate of $0.18. The consensus estimate for Headwater Exploration’s current full-year earnings is $0.63 per share. Atb Cap Markets also issued estimates for Headwater Exploration’s Q2 2025 earnings at $0.22 EPS, Q3 2025 earnings at $0.20 EPS, Q4 2025 earnings at $0.19 EPS, FY2025 earnings at $0.83 EPS, Q1 2026 earnings at $0.14 EPS, Q2 2026 earnings at $0.17 EPS, Q3 2026 earnings at $0.19 EPS, Q4 2026 earnings at $0.18 EPS, FY2026 earnings at $0.68 EPS and FY2027 earnings at $0.56 EPS.

Other equities analysts have also issued reports about the stock. Raymond James upgraded shares of Headwater Exploration from a “market perform” rating to an “outperform” rating in a research report on Tuesday, January 7th. CIBC cut their price target on shares of Headwater Exploration from C$9.00 to C$8.50 in a report on Thursday, April 10th. Finally, Desjardins cut shares of Headwater Exploration from a “buy” rating to a “hold” rating and decreased their price target for the stock from C$8.25 to C$7.25 in a report on Wednesday, March 19th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of C$8.69.

Headwater Exploration Stock Up 3.2 %

HWX stock opened at C$5.84 on Friday. The stock has a 50-day simple moving average of C$6.13 and a two-hundred day simple moving average of C$6.58. Headwater Exploration has a twelve month low of C$4.75 and a twelve month high of C$7.95. The firm has a market capitalization of C$1.38 billion, a PE ratio of 7.49, a PEG ratio of 0.83 and a beta of 1.55. The company has a quick ratio of 2.07, a current ratio of 1.54 and a debt-to-equity ratio of 0.12.

Headwater Exploration Company Profile

Headwater Exploration Inc engages in the exploration, development, and production of petroleum and natural gas in Canada. It holds interest in the Marten Hills area located in Alberta, and McCully Field area located in New Brunswick. The company was formerly known as Corridor Resources Inc and changed its name to Headwater Exploration Inc in March 2020.