Brokers Offer Predictions for TSE:CEU FY2027 Earnings

CES Energy Solutions Corp. (TSE:CEU) – Stock analysts at Atb Cap Markets issued their FY2027 earnings estimates for shares of CES Energy Solutions in a report released on Tuesday, December 10th. Atb Cap Markets analyst T. Monachello forecasts that the company will post earnings of $0.94 per share for the year. Atb Cap Markets currently has a “Hold” rating on the stock. The consensus estimate for CES Energy Solutions’ current full-year earnings is $0.86 per share.

CEU has been the subject of a number of other reports. Royal Bank of Canada lifted their price target on shares of CES Energy Solutions from C$10.00 to C$11.00 in a research report on Thursday, November 7th. Scotiabank raised their price target on CES Energy Solutions from C$9.00 to C$10.50 in a research report on Monday, November 11th. ATB Capital boosted their price target on CES Energy Solutions from C$10.00 to C$11.00 in a research note on Tuesday. Finally, Raymond James increased their price objective on shares of CES Energy Solutions from C$10.50 to C$10.75 in a research note on Tuesday, October 15th. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, CES Energy Solutions has a consensus rating of “Moderate Buy” and a consensus target price of C$10.31.

CES Energy Solutions Price Performance

CES Energy Solutions stock opened at C$9.50 on Friday. The company has a market capitalization of C$2.22 billion, a price-to-earnings ratio of 12.18, a PEG ratio of 0.61 and a beta of 2.31. The stock’s 50 day moving average is C$8.70 and its 200-day moving average is C$7.91. The company has a current ratio of 3.18, a quick ratio of 1.78 and a debt-to-equity ratio of 51.40. CES Energy Solutions has a 12 month low of C$3.39 and a 12 month high of C$9.99.

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

CES Energy Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.26%. CES Energy Solutions’s dividend payout ratio (DPR) is 15.38%.

Insiders Place Their Bets

In related news, Senior Officer Anthony Michael Aulicino sold 20,000 shares of the stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of C$9.85, for a total transaction of C$197,000.00. Also, Director John Michael Hooks sold 300,000 shares of the stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of C$7.23, for a total transaction of C$2,167,680.00. In the last 90 days, insiders sold 492,732 shares of company stock worth $3,781,982. 3.03% of the stock is currently owned by insiders.

CES Energy Solutions Company Profile

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.