Q3 EPS Estimates for Kolibri Global Energy Boosted by Sidoti

by · The Markets Daily

Kolibri Global Energy Inc. (NASDAQ:KGEI – Free Report) – Investment analysts at Sidoti raised their Q3 2027 earnings per share (EPS) estimates for shares of Kolibri Global Energy in a report issued on Friday, October 16th. Sidoti analyst S. Ferazani now expects that the company will post earnings of $0.25 per share for the quarter, up from their prior forecast of $0.24. The consensus estimate for Kolibri Global Energy’s current full-year earnings is $0.83 per share.

Kolibri Global Energy (NASDAQ:KGEI – Get Free Report) last announced its earnings results on Thursday, August 13th. The company reported $0.23 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $20.86 million.

KGEI has been the topic of several other reports. Weiss Ratings raised Kolibri Global Energy from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, September 28th. Wall Street Zen raised shares of Kolibri Global Energy from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Two analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the stock has an average rating of “Hold”.

View Our Latest Analysis on Kolibri Global Energy

Kolibri Global Energy Trading Up 0.4%

Shares of KGEI stock opened at $7.00 on Tuesday. The company has a market cap of $250.95 million, a P/E ratio of 13.21, a PEG ratio of 0.84 and a beta of -0.56. The stock has a 50 day simple moving average of $6.29 and a two-hundred day simple moving average of $5.61. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.46 and a current ratio of 0.46. Kolibri Global Energy has a fifty-two week low of $3.35 and a fifty-two week high of $7.08.

Hedge Funds Weigh In On Kolibri Global Energy

Institutional investors have recently made changes to their positions in the stock. Abel Hall LLC raised its holdings in shares of Kolibri Global Energy by 54.8% during the third quarter. Abel Hall LLC now owns 17,941 shares of the company’s stock valued at $111,000 after purchasing an additional 6,348 shares during the period. Envestnet Portfolio Solutions Inc. bought a new position in shares of Kolibri Global Energy during the 2nd quarter worth about $293,000. Wellington Management Group LLP acquired a new stake in shares of Kolibri Global Energy in the 2nd quarter valued at about $628,000. Bank of New York Mellon Corp acquired a new stake in shares of Kolibri Global Energy in the 2nd quarter valued at about $328,000. Finally, Bank of America Corp DE grew its stake in shares of Kolibri Global Energy by 0.7% in the 1st 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 during the period. Institutional investors and hedge funds own 27.26% of the company’s stock.

Kolibri Global Energy Company Profile

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Kolibri Global Energy Inc (NASDAQ:KGEI) is an energy company engaged in the acquisition, development and production of oil and natural gas assets. The company focuses primarily on unconventional oil and gas opportunities in the United States, with operations centered on the Tishomingo Field in southern Oklahoma, part of the broader SCOOP play in the Anadarko Basin.

Kolibri’s activities include drilling, completing and operating horizontal wells, as well as managing the associated production and infrastructure required to bring hydrocarbons to market.

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