Analysts Set Expectations for High Arctic Energy Services, Inc.’s FY2016 Earnings (HWO)

High Arctic Energy Services, Inc. (TSE:HWO) – Equities research analysts at Cormark issued their FY2016 earnings per share (EPS) estimates for High Arctic Energy Services in a note issued to investors on Wednesday. Cormark analyst J. Zhang anticipates that the firm will post earnings per share of $0.68 for the year. Cormark also issued estimates for High Arctic Energy Services’ Q4 2016 earnings at $0.13 EPS, Q1 2017 earnings at $0.16 EPS, Q2 2017 earnings at $0.05 EPS, Q3 2017 earnings at $0.15 EPS, Q4 2017 earnings at $0.15 EPS, FY2017 earnings at $0.51 EPS and FY2018 earnings at $0.68 EPS.

Separately, National Bank Financial upped their price objective on High Arctic Energy Services from C$6.25 to C$6.75 in a report on Friday, January 20th.

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High Arctic Energy Services (TSE:HWO) opened at 5.96 on Friday. High Arctic Energy Services has a 12 month low of $2.92 and a 12 month high of $6.27. The company has a market capitalization of $313.57 million and a P/E ratio of 7.71. The stock’s 50 day moving average price is $5.65 and its 200-day moving average price is $4.62.

COPYRIGHT VIOLATION WARNING: “Analysts Set Expectations for High Arctic Energy Services, Inc.’s FY2016 Earnings (HWO)” was first reported by sleekmoney and is owned by of sleekmoney. If you are accessing this piece of content on another publication, it was copied illegally and republished in violation of international trademark and copyright legislation. The correct version of this piece of content can be read at http://sleekmoney.com/analysts-set-expectations-for-high-arctic-energy-services-inc-s-fy2016-earnings-hwo/1655354.html.

About High Arctic Energy Services

High Arctic Energy Services Inc is a Canada-based company, which focuses on providing contract drilling, completion services, equipment rental and other oilfield services to the oil and gas industry. The Company operates through providing oilfield services to customers in Canada and Papua New Guinea (PNG) segment.

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