What is Cormark’s Estimate for CVE:AEP FY2024 Earnings?

Atlas Engineered Products Ltd. (CVE:AEPFree Report) – Equities research analysts at Cormark upped their FY2024 earnings estimates for shares of Atlas Engineered Products in a research note issued on Tuesday, November 26th. Cormark analyst D. Ocampo now expects that the company will earn $0.01 per share for the year, up from their prior estimate of ($0.02). The consensus estimate for Atlas Engineered Products’ current full-year earnings is $0.11 per share. Cormark also issued estimates for Atlas Engineered Products’ Q1 2025 earnings at ($0.02) EPS, Q2 2025 earnings at $0.02 EPS and FY2025 earnings at $0.04 EPS.

A number of other equities research analysts have also recently commented on AEP. Ventum Financial lowered their target price on Atlas Engineered Products from C$2.00 to C$1.75 in a report on Tuesday. Raymond James set a C$2.25 price objective on Atlas Engineered Products and gave the company a “strong-buy” rating in a research note on Thursday, September 12th.

Check Out Our Latest Report on AEP

Atlas Engineered Products Stock Up 8.8 %

AEP stock opened at C$1.24 on Thursday. The company has a debt-to-equity ratio of 62.14, a current ratio of 4.16 and a quick ratio of 2.31. The company’s 50 day simple moving average is C$1.27 and its 200-day simple moving average is C$1.33. Atlas Engineered Products has a 12 month low of C$0.93 and a 12 month high of C$1.70. The firm has a market capitalization of C$73.31 million, a PE ratio of 17.71 and a beta of 1.13.

About Atlas Engineered Products

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Atlas Engineered Products Ltd. engages in the design, manufacture, and sale of engineered roof trusses, floor trusses, and wall panels in Canada. The company offers floor joists and floor panels; and design, engineering, permitting, project management, and site assembly services. It also distributes a range of engineered wood products for builders of residential and commercial wood-framed buildings, including single-family homes, townhouses, multi-story wood-framed residential buildings, commercial buildings, and agricultural structures.

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Earnings History and Estimates for Atlas Engineered Products (CVE:AEP)

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