Petrowest Corp (PRW) Expected to Earn FY2017 Earnings of $0.02 Per Share
Petrowest Corp (TSE:PRW) – Beacon Securities decreased their FY2017 earnings per share (EPS) estimates for shares of Petrowest Corp in a research note issued to investors on Friday. Beacon Securities analyst K. Wilson now forecasts that the brokerage will earn $0.02 per share for the year, down from their prior forecast of $0.03.
A number of other brokerages have also commented on PRW. Canaccord Genuity cut their price objective on shares of Petrowest Corp from C$0.80 to C$0.45 in a research report on Friday, August 12th. National Bank Financial dropped their price target on shares of Petrowest Corp from C$0.50 to C$0.30 and set a “sector perform” rating for the company in a research report on Thursday, August 11th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. Petrowest Corp has a consensus rating of “Hold” and an average price target of C$0.63.
Shares of Petrowest Corp (TSE:PRW) opened at 0.21 on Monday. The company’s market cap is $44.39 million. The company’s 50-day moving average price is $0.28 and its 200 day moving average price is $0.37. Petrowest Corp has a one year low of $0.19 and a one year high of $0.61.
About Petrowest Corp
Petrowest Corporation (Petrowest) provides industrial and civil infrastructure projects, as well as predrilling and post-completion energy services, gravel crushing and hauling for non-energy sector customers. The Company’s businesses include rock crushing, log and gravel loading and hauling, heavy equipment transportation, safety equipment rentals and supervision, heavy equipment rentals, land clearing, earth moving and site preparation services, and the operation of a landfill to receive and manage contaminated waste.
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