Q3 EPS Estimates for Kolibri Global Energy Lowered by Sidoti

Kolibri Global Energy Inc. (NASDAQ:KGEI) – Investment analysts at Sidoti reduced their Q3 2027 earnings per share (EPS) estimates for shares of Kolibri Global Energy in a report released on Tuesday, September 15th. Sidoti analyst S. Ferazani now forecasts that the company will earn $0.24 per share for the quarter, down from their previous forecast of $0.25. The consensus estimate for Kolibri Global Energy’s current full-year earnings is $0.83 per share.

Kolibri Global Energy (NASDAQ:KGEI) last posted its quarterly earnings data on Thursday, August 13th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.02. Kolibri Global Energy had a return on equity of 10.93% and a net margin of 26.87%.The company had revenue of $22.54 million during the quarter, compared to analysts’ expectations of $20.86 million.

Several other brokerages also recently weighed in on KGEI. Wall Street Zen raised Kolibri Global Energy from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Kolibri Global Energy in a research note on Friday, July 24th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Kolibri Global Energy currently has an average rating of “Hold”.

Kolibri Global Energy Trading Down 0.4%

NASDAQ:KGEI opened at $6.85 on Thursday. The firm has a market cap of $245.57 million, a P/E ratio of 12.92, a PEG ratio of 0.83 and a beta of -0.57. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 0.20. The stock’s 50 day simple moving average is $5.67 and its 200-day simple moving average is $5.36. Kolibri Global Energy has a 12-month low of $3.35 and a 12-month high of $6.94.

Institutional Trading of Kolibri Global Energy

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. UBS Group AG grew its position in Kolibri Global Energy by 46.0% during the fourth quarter. UBS Group AG now owns 1,339,681 shares of the company’s stock worth $5,265,000 after buying an additional 421,894 shares during the period. Bank of America Corp DE increased its holdings in Kolibri Global Energy by 0.7% in the first quarter. Bank of America Corp DE now owns 372,733 shares of the company’s stock valued at $2,046,000 after buying an additional 2,661 shares in the last quarter. Jefferies Financial Group Inc. lifted its position in shares of Kolibri Global Energy by 1,630.9% during the 4th quarter. Jefferies Financial Group Inc. now owns 253,969 shares of the company’s stock valued at $1,001,000 after acquiring an additional 239,296 shares during the period. Wellington Management Group LLP acquired a new stake in shares of Kolibri Global Energy during the 2nd quarter valued at approximately $628,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Kolibri Global Energy during the 1st quarter worth approximately $439,000. Institutional investors and hedge funds own 27.26% of the company’s stock.

About Kolibri Global Energy

Kolibri Global Energy Inc is an energy company engaged in the exploration, development and production of oil and natural gas. The company focuses primarily on developing and optimizing unconventional hydrocarbon assets in the United States.

Kolibri’s principal operations are centered on the Tishomingo field in Oklahoma, where it holds interests in oil and natural gas properties. Its activities include drilling, completing and producing wells, as well as applying development and operational techniques intended to improve recovery from its producing assets.

Headquartered in Calgary, Alberta, Kolibri Global Energy serves the U.S.