Tudor Pickering & Holt reaffirmed their hold rating on shares of Husky Energy (TSE:HSE) in a research report report published on Wednesday morning, BayStreet.CA reports.
Several other analysts also recently weighed in on the company. Royal Bank of Canada decreased their target price on Husky Energy from C$15.00 to C$12.00 in a research report on Friday, October 18th. CSFB decreased their price objective on Husky Energy from C$16.00 to C$15.00 in a report on Friday, November 22nd. JPMorgan Chase & Co. lifted their price objective on Husky Energy from C$10.00 to C$10.50 in a report on Monday, December 9th. Canaccord Genuity downgraded Husky Energy from a hold rating to a sell rating and lifted their price objective for the company from C$9.50 to C$10.00 in a report on Tuesday. Finally, AltaCorp Capital restated a sector perform rating on shares of Husky Energy in a report on Tuesday, October 15th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the company. Husky Energy has an average rating of Hold and a consensus price target of C$12.33.
Shares of TSE:HSE traded up C$0.22 on Wednesday, hitting C$9.58. 1,061,990 shares of the company’s stock were exchanged, compared to its average volume of 1,591,750. Husky Energy has a 12 month low of C$8.48 and a 12 month high of C$18.05. The stock has a market capitalization of $9.78 billion and a price-to-earnings ratio of 8.64. The business’s 50 day simple moving average is C$10.07 and its two-hundred day simple moving average is C$9.93. The company has a debt-to-equity ratio of 38.69, a current ratio of 1.13 and a quick ratio of 0.80.
Husky Energy (TSE:HSE) last released its earnings results on Thursday, October 24th. The company reported C$0.25 earnings per share for the quarter, hitting the consensus estimate of C$0.25. The business had revenue of C$5.36 billion for the quarter, compared to the consensus estimate of C$5.30 billion. Equities analysts forecast that Husky Energy will post 0.8000001 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Thursday, January 2nd were issued a $0.125 dividend. The ex-dividend date was Friday, November 29th. This represents a $0.50 annualized dividend and a dividend yield of 5.22%. Husky Energy’s payout ratio is currently 44.88%.
About Husky Energy
Husky Energy Inc, together with its subsidiaries, operates as an integrated energy company. It operates through two segments, Upstream and Downstream. The Upstream segment engages in the exploration for, and development and production of crude oil, bitumen, natural gas, and natural gas liquids (NGL); marketing of the company's and other producers' crude oil, natural gas, NGL, sulphur, and petroleum coke; pipeline transportation and blending of crude oil and natural gas; and storage of crude oil, diluent, and natural gas.
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