CAD14.13
1.33% today
Toronto, Feb 28, 08:46 pm CET
ISIN
CA69946Q1046
Symbol
PXT
Sector
Industry

Parex Resources Target price 2025 - Analyst rating & recommendation

Parex Resources Classifications & Recommendation:

Hold
100%

Parex Resources Price Target

Target Price CAD16.41
Price CAD14.32
Potential
Number of Estimates 6
6 Analysts have issued a price target Parex Resources 2026 . The average Parex Resources target price is CAD16.41. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 6 analysts: 0 Analysts recommend Parex Resources to buy, 6 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Parex Resources stock has an average upside potential 2026 of . Most analysts recommend the Parex Resources stock at Hold.

Sales and Margin forecast 2024, 2025 & 2026

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Dec '23 2024
Estimates
Revenue Billion CAD 1.58 1.65
7.47% 4.63%
EBITDA Margin 68.28% 63.72%
13.92% 6.68%
Net Margin 36.93% 14.66%
10.12% 60.31%

3 Analysts have issued a sales forecast Parex Resources 2024 . The average Parex Resources sales estimate is

CAD1.7b
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. This is
4.91% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
CAD1.8b 17.07%
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, the lowest is
CAD1.6b 1.22%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 CAD1.6b 7.47%
2024
CAD1.7b 4.63%
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2025
CAD1.4b 17.99%
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2026
CAD1.4b 2.24%
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2 Analysts have issued an Parex Resources EBITDA forecast 2024. The average Parex Resources EBITDA estimate is

CAD1.1b
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. This is
1.81% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
CAD1.1b 2.30%
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, the lowest is
CAD1.0b 1.32%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 CAD1.1b 20.35%
2024
CAD1.1b 2.35%
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2025
CAD863m 17.98%
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2026
CAD905m 4.84%
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EBITDA Margin

2023 68.28% 13.92%
2024
63.72% 6.68%
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2025
63.73% 0.02%
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2026
65.35% 2.54%
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2 Parex Resources Analysts have issued a net profit forecast 2024. The average Parex Resources net profit estimate is

CAD242m
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. This is
30.23% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
CAD249m 28.17%
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, the lowest is
CAD235m 32.29%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 CAD583m 16.83%
2024
CAD242m 58.47%
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2025
CAD154m 36.21%
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2026
CAD82.2m 46.79%
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Net Margin

2023 36.93% 10.12%
2024
14.66% 60.31%
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2025
11.40% 22.24%
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2026
5.93% 47.98%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Dec '23 2024
Estimates
Earnings Per Share CAD 5.83 2.42
16.83% 58.49%
P/E 5.91
EV/Sales 0.76

2 Analysts have issued a Parex Resources forecast for earnings per share. The average Parex Resources <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

CAD2.42
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. This is
30.26% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
CAD2.49 28.24%
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, the lowest is
CAD2.35 32.28%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 CAD5.83 16.83%
2024
CAD2.42 58.49%
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2025
CAD1.54 36.36%
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2026
CAD0.82 46.75%
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P/E ratio

Current 4.13 38.13%
2024
5.91 43.10%
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2025
9.27 56.85%
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2026
17.43 88.03%
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Based on analysts' sales estimates for 2024, the Parex Resources stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 0.80 42.86%
2024
0.76 5.18%
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2025
0.92 21.92%
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2026
0.90 2.19%
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P/S ratio

Current 0.89 37.65%
2024
0.85 4.68%
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2025
1.04 21.93%
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2026
1.02 2.20%
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Current Parex Resources Upgrades & Downgrades Beta

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Analyst Rating Action Date
EIGHT CAPITAL Locked ➜ Locked Locked Dec 10 2024
HAYWOOD SECURITIES INC. Locked ➜ Locked Locked Dec 10 2024
EIGHT CAPITAL Locked ➜ Locked Locked Aug 28 2024
HAYWOOD SECURITIES INC. Locked ➜ Locked Locked Aug 28 2024
Analyst Rating Date
Locked
EIGHT CAPITAL: Locked ➜ Locked
Dec 10 2024
Locked
HAYWOOD SECURITIES INC.: Locked ➜ Locked
Dec 10 2024
Locked
EIGHT CAPITAL: Locked ➜ Locked
Aug 28 2024
Locked
HAYWOOD SECURITIES INC.: Locked ➜ Locked
Aug 28 2024

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