National Bank Financial Weighs in on TSE:CU Q4 Earnings

Canadian Utilities Limited (TSE:CU) – Equities research analysts at National Bank Financial issued their Q4 2024 earnings estimates for Canadian Utilities in a note issued to investors on Tuesday, January 28th. National Bank Financial analyst P. Kenny anticipates that the company will post earnings of $0.73 per share for the quarter. The consensus estimate for Canadian Utilities’ current full-year earnings is $2.41 per share.

Separately, Royal Bank of Canada upped their target price on Canadian Utilities from C$38.00 to C$39.00 in a research report on Friday, November 15th.

Canadian Utilities Stock Performance

Shares of CU opened at C$33.78 on Thursday. The company has a quick ratio of 1.30, a current ratio of 1.29 and a debt-to-equity ratio of 149.94. Canadian Utilities has a 52-week low of C$29.15 and a 52-week high of C$37.10. The stock has a 50 day moving average price of C$34.94 and a 200 day moving average price of C$34.36. The company has a market capitalization of C$6.92 billion, a price-to-earnings ratio of 17.06, a price-to-earnings-growth ratio of 2.38 and a beta of 0.66.

About Canadian Utilities

Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, renewables, pipelines, liquids, and retail energy businesses in Canada, Australia, and internationally. It operates through ATCO Energy Systems, ATCO EnPower, and Corporate & Other segments. The ATCO Energy Systems segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, the Northwest Territories, and the Lloydminster area of Saskatchewan; and integrated natural gas transmission and distribution services in Alberta, the Lloydminster area of Saskatchewan, and Western Australia.