Anthony Michael Aulicino Sells 54,789 Shares of CES Energy Solutions Corp. (TSE:CEU) Stock

CES Energy Solutions Corp. (TSE:CEU) Senior Officer Anthony Michael Aulicino sold 54,789 shares of the stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of C$10.00, for a total transaction of C$547,890.00.

Anthony Michael Aulicino also recently made the following trade(s):

• On Tuesday, December 3rd, Anthony Michael Aulicino sold 20,000 shares of CES Energy Solutions stock. The shares were sold at an average price of C$9.85, for a total transaction of C$197,000.00.
• On Monday, November 18th, Anthony Michael Aulicino sold 17,667 shares of CES Energy Solutions stock. The shares were sold at an average price of C$8.99, for a total transaction of C$158,826.33.

CES Energy Solutions Stock Performance

Shares of CEU opened at C$10.00 on Monday. The stock has a market capitalization of C$2.34 billion, a PE ratio of 12.82, a price-to-earnings-growth ratio of 0.61 and a beta of 2.31. The business’s fifty day moving average price is C$9.28 and its 200 day moving average price is C$8.20. The company has a debt-to-equity ratio of 51.40, a current ratio of 3.18 and a quick ratio of 1.78. CES Energy Solutions Corp. has a 12-month low of C$3.43 and a 12-month high of C$10.14.

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 company had revenue of C$606.52 million for the quarter, compared to the consensus estimate of C$582.25 million. Equities research analysts forecast that CES Energy Solutions Corp. will post 0.8600646 EPS for the current year.

CES Energy Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th will be issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 1.20%. The ex-dividend date is Tuesday, December 31st. CES Energy Solutions’s dividend payout ratio (DPR) is presently 15.38%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on CEU shares. ATB Capital raised their price target on shares of CES Energy Solutions from C$10.00 to C$11.00 in a report on Tuesday, December 10th. National Bankshares raised their target price on CES Energy Solutions from C$10.00 to C$11.50 and gave the company a “sector perform” rating in a research note on Thursday, December 19th. Atb Cap Markets lowered CES Energy Solutions from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 10th. Scotiabank raised their price objective on CES Energy Solutions from C$9.00 to C$10.50 in a research note on Monday, November 11th. Finally, Raymond James raised their price target on shares of CES Energy Solutions from C$10.50 to C$10.75 in a research report on Tuesday, October 15th. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, CES Energy Solutions has an average rating of “Moderate Buy” and a consensus price target of C$10.59.

About CES Energy Solutions

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.