FY2025 EPS Estimate for CES Energy Solutions Cut by Analyst

CES Energy Solutions Corp. (TSE:CEU) – Stock analysts at Raymond James lowered their FY2025 EPS estimates for shares of CES Energy Solutions in a report issued on Wednesday, April 9th. Raymond James analyst M. Barth now forecasts that the company will earn $0.88 per share for the year, down from their previous estimate of $0.96. The consensus estimate for CES Energy Solutions’ current full-year earnings is $0.86 per share. Raymond James also issued estimates for CES Energy Solutions’ FY2026 earnings at $1.07 EPS.

Several other research firms have also recently commented on CEU. ATB Capital upgraded shares of CES Energy Solutions from a “sector perform” rating to an “outperform” rating and set a C$11.00 price target on the stock in a report on Friday, March 7th. National Bankshares increased their price objective on CES Energy Solutions from C$10.00 to C$11.50 and gave the stock a “sector perform” rating in a report on Thursday, December 19th. Finally, Atb Cap Markets raised shares of CES Energy Solutions from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 7th. One analyst has rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of C$10.59.

CES Energy Solutions Price Performance

CEU opened at C$6.00 on Monday. CES Energy Solutions has a 12-month low of C$5.29 and a 12-month high of C$10.20. The company has a quick ratio of 1.78, a current ratio of 2.82 and a debt-to-equity ratio of 57.26. The firm has a market capitalization of C$1.34 billion, a P/E ratio of 7.00, a PEG ratio of 0.61 and a beta of 2.31. The stock has a fifty day moving average of C$7.45 and a 200-day moving average of C$8.42.

CES Energy Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were given a $0.0425 dividend. This represents a $0.17 annualized dividend and a dividend yield of 2.83%. This is a boost from CES Energy Solutions’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Monday, March 31st. CES Energy Solutions’s dividend payout ratio is currently 14.01%.

Insider Transactions at CES Energy Solutions

In other CES Energy Solutions news, Senior Officer Anthony Michael Aulicino sold 50,563 shares of the firm’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of C$7.23, for a total value of C$365,570.49. Also, Senior Officer Kenneth Earl Zinger acquired 5,000 shares of CES Energy Solutions stock in a transaction on Monday, April 7th. The shares were purchased at an average cost of C$6.00 per share, for a total transaction of C$30,000.00. 3.03% of the stock is currently owned by corporate insiders.

CES Energy Solutions Company Profile

CES Energy Solutions Corp provides consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack, and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.