FY2025 Earnings Forecast for TSE:CEU Issued By Scotiabank

CES Energy Solutions Corp. (TSE:CEU) – Equities research analysts at Scotiabank boosted their FY2025 earnings estimates for shares of CES Energy Solutions in a research report issued on Wednesday, January 8th. Scotiabank analyst J. Goldman now anticipates that the company will post earnings of $0.92 per share for the year, up from their previous forecast of $0.88. The consensus estimate for CES Energy Solutions’ current full-year earnings is $0.86 per share.

Several other analysts also recently commented on CEU. National Bankshares boosted their target price on shares of CES Energy Solutions from C$10.00 to C$11.50 and gave the stock a “sector perform” rating in a research report on Thursday, December 19th. Royal Bank of Canada upped their price objective on shares of CES Energy Solutions from C$10.00 to C$11.00 in a report on Thursday, November 7th. ATB Capital raised their target price on CES Energy Solutions from C$10.00 to C$11.00 in a report on Tuesday, December 10th. Atb Cap Markets downgraded CES Energy Solutions from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 10th. Finally, Raymond James raised their price objective on CES Energy Solutions from C$10.50 to C$10.75 in a research note on Tuesday, October 15th. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$10.59.

CES Energy Solutions Trading Down 1.1 %

Shares of TSE CEU opened at C$9.67 on Friday. The business has a 50 day simple moving average of C$9.44 and a 200 day simple moving average of C$8.29. CES Energy Solutions has a 52 week low of C$3.47 and a 52 week high of C$10.20. The stock has a market cap of C$2.26 billion, a price-to-earnings ratio of 12.40, a PEG ratio of 0.61 and a beta of 2.31. The company has a debt-to-equity ratio of 51.40, a quick ratio of 1.78 and a current ratio of 3.18.

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

Insider Transactions at CES Energy Solutions

In other CES Energy Solutions news, Senior Officer Anthony Michael Aulicino sold 17,667 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of C$8.99, for a total value of C$158,826.33. Also, Director Stella Cosby sold 4,304 shares of the business’s 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 value of C$43,040.00. Over the last quarter, insiders have sold 173,957 shares of company stock worth $1,619,329. Insiders own 3.03% of the company’s stock.

CES Energy Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th will be given a $0.03 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.12 annualized dividend and a dividend yield of 1.24%. CES Energy Solutions’s dividend payout ratio is 15.38%.

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.