Ventum Cap Mkts Has Negative View of CVE:AEP FY2025 Earnings

Atlas Engineered Products Ltd. (CVE:AEP) – Analysts at Ventum Cap Mkts lowered their FY2025 earnings estimates for shares of Atlas Engineered Products in a note issued to investors on Monday, November 25th. Ventum Cap Mkts analyst A. Semple now anticipates that the company will post earnings per share of $0.04 for the year, down from their previous forecast of $0.07. The consensus estimate for Atlas Engineered Products’ current full-year earnings is $0.11 per share.

Other equities analysts have also recently issued reports about the stock. Ventum Financial decreased their price target on shares of Atlas Engineered Products from C$2.00 to C$1.75 in a research note on Tuesday. Cormark decreased their target price on shares of Atlas Engineered Products from C$2.20 to C$2.10 in a research note on Tuesday, August 20th. Finally, Raymond James set a C$2.25 target price on shares of Atlas Engineered Products and gave the company a “strong-buy” rating in a research note on Thursday, September 12th.

Atlas Engineered Products Price Performance

Shares of AEP opened at C$1.15 on Wednesday. The stock has a market capitalization of C$67.99 million, a P/E ratio of 16.43 and a beta of 1.13. Atlas Engineered Products has a twelve month low of C$0.93 and a twelve month high of C$1.70. The company has a 50 day moving average of C$1.28 and a 200-day moving average of C$1.33. The company has a quick ratio of 2.31, a current ratio of 4.16 and a debt-to-equity ratio of 62.14.

Atlas Engineered Products Company Profile

Atlas Engineered Products Ltd. engages in the design, manufacture, and sale of engineered roof trusses, floor trusses, and wall panels in Canada. The company offers floor joists and floor panels; and design, engineering, permitting, project management, and site assembly services. It also distributes a range of engineered wood products for builders of residential and commercial wood-framed buildings, including single-family homes, townhouses, multi-story wood-framed residential buildings, commercial buildings, and agricultural structures.