Raymond James Analysts Reduce Earnings Estimates for TSE:CEU

CES Energy Solutions Corp. (TSE:CEU) – Stock analysts at Raymond James dropped their FY2025 EPS estimates for CES Energy Solutions in a note issued to investors on Wednesday, April 9th. Raymond James analyst M. Barth now forecasts that the company will post earnings per share of $0.88 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.

A number of other research firms have also recently weighed in on CEU. National Bankshares upped their price target 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. ATB Capital raised 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 research note on Friday, March 7th. Finally, Atb Cap Markets raised shares of CES Energy Solutions from a “hold” rating to a “strong-buy” rating in a report on Friday, March 7th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of C$10.59.

CES Energy Solutions Trading Down 1.5 %

Shares of CES Energy Solutions stock opened at C$6.01 on Monday. CES Energy Solutions has a fifty-two week low of C$5.29 and a fifty-two week high of C$10.20. The company has a debt-to-equity ratio of 57.26, a quick ratio of 1.78 and a current ratio of 2.82. The company has a market cap of C$1.34 billion, a P/E ratio of 7.01, a price-to-earnings-growth ratio of 0.61 and a beta of 2.31. The firm has a 50-day simple moving average of C$7.51 and a two-hundred day simple moving average of C$8.43.

CES Energy Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th will be issued a $0.0425 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.17 dividend on an annualized basis and a yield of 2.83%. This is a positive change from CES Energy Solutions’s previous quarterly dividend of $0.03. CES Energy Solutions’s dividend payout ratio (DPR) is presently 14.01%.

Insiders Place Their Bets

In other CES Energy Solutions news, Senior Officer Anthony Michael Aulicino sold 50,563 shares of the firm’s stock in a transaction that occurred on 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 bought 10,000 shares of the stock in a transaction dated Friday, April 4th. The shares were bought at an average price of C$6.06 per share, for a total transaction of C$60,600.00. 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.