Atb Cap Markets Predicts TSE:CEU FY2027 Earnings

CES Energy Solutions Corp. (TSE:CEU) – Analysts at Atb Cap Markets issued their FY2027 earnings per share estimates for shares of CES Energy Solutions in a research note issued to investors on Tuesday, December 10th. Atb Cap Markets analyst T. Monachello expects that the company will post earnings per share of $0.94 for the year. Atb Cap Markets currently has a “Hold” rating on the stock. The consensus estimate for CES Energy Solutions’ current full-year earnings is $0.86 per share.

Other equities research analysts have also issued research reports about the stock. Raymond James lifted their price objective on shares of CES Energy Solutions from C$10.50 to C$10.75 in a research note on Tuesday, October 15th. Scotiabank boosted their price target on CES Energy Solutions from C$9.00 to C$10.50 in a research report on Monday, November 11th. ATB Capital increased their price objective on CES Energy Solutions from C$10.00 to C$11.00 in a report on Tuesday. Finally, Royal Bank of Canada boosted their target price on CES Energy Solutions from C$10.00 to C$11.00 in a report on Thursday, November 7th. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$10.31.

CES Energy Solutions Price Performance

CEU opened at C$9.50 on Friday. The company has a current ratio of 3.18, a quick ratio of 1.78 and a debt-to-equity ratio of 51.40. CES Energy Solutions has a 1 year low of C$3.39 and a 1 year high of C$9.99. The stock has a fifty day moving average price of C$8.70 and a 200 day moving average price of C$7.91. The stock has a market cap of C$2.22 billion, a price-to-earnings ratio of 12.18, a PEG ratio of 0.61 and a beta of 2.31.

CES Energy Solutions (TSE:CEU) last posted its quarterly earnings results on Wednesday, November 6th. The company reported C$0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.14 by C$0.06. CES Energy Solutions had a net margin of 8.53% and a return on equity of 27.17%. The business had revenue of C$606.52 million during the quarter, compared to analyst estimates of C$582.25 million.

CES Energy Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a $0.03 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.12 annualized dividend and a yield of 1.26%. CES Energy Solutions’s dividend payout ratio (DPR) is currently 15.38%.

Insider Buying and Selling at CES Energy Solutions

In other news, Senior Officer Anthony Michael Aulicino sold 17,667 shares of the business’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of C$8.99, for a total value of C$158,826.33. Also, Director John Michael Hooks sold 300,000 shares of the business’s stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of C$7.23, for a total transaction of C$2,167,680.00. Insiders have sold 492,732 shares of company stock valued at $3,781,982 in the last 90 days. 3.03% of the stock is currently owned by company insiders.

CES Energy Solutions Company Profile

CES Energy Solutions Corp., together with its subsidiaries, engages in design, implement, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada. The company provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets.