Stock analysis for Paramount Stock:
Analysts rate Paramount Stock with a consensus Buy rating and a 12-month average target price of CAD 40.96 per share.
According to the stock predictions made by 8 analysts, the average analyst target price for Paramount stock for the upcoming 12 months is CAD 40.96. The consensus of analyst ratings for Paramount Resources Ltd. is Buy. The stock analysis by Stock Target Advisor for Paramount Resources Ltd. is Slightly Bearish and is based on 5 positive and 7 negative indications. The stock price of Paramount Resources Ltd. at the most recent close was CAD 28.86. Over the previous week, the stock price of Paramount Resources Ltd. has changed by +7.09%, over the previous month by +18.28%, and over the previous year by +39.49%.
About Paramount Stock (POU:CA:TSX)
Paramount Resources Ltd. is an independent energy firm that searches for, develops, produces, and sells natural gas, crude oil, and natural gas liquids in Canada. The Montney and Duvernay developments, which are situated in Alberta and British Columbia, respectively, are the company’s primary properties. In both public and private enterprises, it makes investments. Paramount Resources Ltd. was founded in 1976 and is headquartered in Calgary, Canada.
Fundamental Stock Analysis:
A large market capitalization. This organization is one of the biggest in its industry and is in the top quartile. These businesses are more likely to be stable.
Lower debt. The company is more adaptable, because it is in the top quartile and has less leverage than its competitors. This can be low at times if the company isn’t expanding and has no room for expansion.
Favourable cash flow. In the most recent four quarters, the company had positive overall cash flow.
Good free cash flow. In the most recent four quarters, the company had positive total free cash flow.
Excellent Revenue Growth. In the preceding five years, this stock’s revenue growth has outperformed that of its industry.
High volatility is something we dislike. This company’s five-year total returns have been erratic and higher above the industry average. Check your risk tolerance before investing in such a stock.
Less than the median total returns. In the last five years, the company’s annual average total returns have lagged behind those of its competitors.
Expensive relative to profits. On a price to earnings ratio, the company is trading above the industry median and is trading higher than its rivals.
On a cash flow basis, overpriced. On a price to cash flow metric, the stock is trading above its rivals’ average prices. Its pricing is higher above the average for its industries. If you’re thinking about purchasing, proceed with caution.
Negative return on equity. In the most recent four quarters, the company management’s return on equity was lower than the median for its peers.
Inadequate use of capital. In comparison to its peers, the corporate management’s most recent four quarters had a lower-than-average return on invested capital.
Minimal earnings growth. Compared to its industry, this stock’s 5-year median profits growth was lower.