Sidoti Equities Analysts Lift Earnings Estimates for KGEI

Kolibri Global Energy Inc. (NASDAQ:KGEI) – Stock analysts at Sidoti raised their Q2 2027 earnings per share estimates for Kolibri Global Energy in a research note issued on Friday, May 15th. Sidoti analyst S. Ferazani now anticipates that the company will post earnings per share of $0.26 for the quarter, up from their previous estimate of $0.18. The consensus estimate for Kolibri Global Energy’s current full-year earnings is $0.96 per share. Sidoti also issued estimates for Kolibri Global Energy’s Q3 2027 earnings at $0.26 EPS and Q4 2027 earnings at $0.20 EPS.

KGEI has been the subject of several other reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Kolibri Global Energy in a research report on Monday, April 27th. Wall Street Zen upgraded shares of Kolibri Global Energy from a “hold” rating to a “buy” rating in a research note on Saturday. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Kolibri Global Energy currently has a consensus rating of “Hold”.

Kolibri Global Energy Stock Down 1.7%

NASDAQ KGEI opened at $6.39 on Monday. The stock has a fifty day moving average of $5.31 and a 200-day moving average of $4.43. The stock has a market capitalization of $226.97 million, a P/E ratio of 16.82, a price-to-earnings-growth ratio of 0.68 and a beta of -0.55. Kolibri Global Energy has a 52 week low of $3.35 and a 52 week high of $8.27. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.75 and a current ratio of 0.75.

Kolibri Global Energy (NASDAQ:KGEI) last released its quarterly earnings results on Thursday, March 19th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.03). Kolibri Global Energy had a return on equity of 8.42% and a net margin of 22.67%.The business had revenue of $14.74 million for the quarter, compared to the consensus estimate of $22.64 million.

Hedge Funds Weigh In On Kolibri Global Energy

Several institutional investors and hedge funds have recently made changes to their positions in KGEI. Bank of America Corp DE increased its position in Kolibri Global Energy by 0.7% during the 1st quarter. Bank of America Corp DE now owns 372,733 shares of the company’s stock worth $2,046,000 after purchasing an additional 2,661 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in Kolibri Global Energy by 102.1% in the third quarter. BNP Paribas Financial Markets now owns 6,245 shares of the company’s stock valued at $35,000 after purchasing an additional 3,155 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Kolibri Global Energy in the second quarter valued at about $25,000. Geode Capital Management LLC increased its position in Kolibri Global Energy by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 378,559 shares of the company’s stock valued at $1,488,000 after purchasing an additional 4,367 shares during the period. Finally, Barclays PLC increased its position in shares of Kolibri Global Energy by 10.0% during the fourth quarter. Barclays PLC now owns 48,822 shares of the company’s stock worth $192,000 after buying an additional 4,423 shares during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Kolibri Global Energy Company Profile

Kolibri Global Energy Inc engages in the finding and exploiting oil, gas, and clean and sustainable energy in the United States. It sells crude oil, natural gas, and natural gas liquids. The company was formerly known as BNK Petroleum Inc and changed its name to Kolibri Global Energy Inc in November 2020. Kolibri Global Energy Inc was incorporated in 2008 and is headquartered in Thousand Oaks, California.