TSE:CEU FY2025 EPS Lowered by National Bank Financial

CES Energy Solutions Corp. (TSE:CEU) – Equities researchers at National Bank Financial reduced their FY2025 earnings per share (EPS) estimates for shares of CES Energy Solutions in a note issued to investors on Wednesday, November 6th. National Bank Financial analyst D. Payne now forecasts that the company will post earnings of $0.84 per share for the year, down from their previous estimate of $0.86. The consensus estimate for CES Energy Solutions’ current full-year earnings is $0.86 per share.

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

A number of other equities analysts also recently commented on CEU. BMO Capital Markets boosted their price objective on CES Energy Solutions from C$10.00 to C$12.00 in a research report on Friday, August 9th. Scotiabank lifted their price target on CES Energy Solutions from C$9.00 to C$10.50 in a report on Monday. Raymond James boosted their target price on CES Energy Solutions from C$10.50 to C$10.75 in a research note on Tuesday, October 15th. Royal Bank of Canada increased their price target on shares of CES Energy Solutions from C$10.00 to C$11.00 in a research note on Thursday, November 7th. Finally, TD Securities upped their target price on shares of CES Energy Solutions from C$9.00 to C$9.50 in a report on Wednesday, July 17th. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of C$10.16.

CES Energy Solutions Stock Up 1.9 %

Shares of TSE CEU opened at C$9.19 on Monday. CES Energy Solutions has a 12-month low of C$3.28 and a 12-month high of C$9.43. The stock has a market cap of C$2.15 billion, a P/E ratio of 11.78, a PEG ratio of 0.61 and a beta of 2.31. The company has a current ratio of 3.18, a quick ratio of 1.78 and a debt-to-equity ratio of 51.40. The business’s fifty day simple moving average is C$7.75 and its 200-day simple moving average is C$7.38.

Insider Buying and Selling

In other CES Energy Solutions news, Director Michael Hallat sold 22,610 shares of the company’s stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of C$7.71, for a total transaction of C$174,357.02. In other news, Senior Officer Kenneth Earl Zinger sold 72,786 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of C$7.52, for a total value of C$547,350.72. Also, Director Michael Hallat sold 22,610 shares of the stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of C$7.71, for a total value of C$174,357.02. Insiders have sold a total of 400,478 shares of company stock valued at $2,927,940 over the last quarter. 3.03% of the stock is currently owned by insiders.

CES Energy Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.03 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.12 annualized dividend and a dividend yield of 1.31%. CES Energy Solutions’s dividend payout ratio (DPR) 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.