CVE:AEP FY2025 EPS Estimate Reduced by Ventum Cap Mkts

Atlas Engineered Products Ltd. (CVE:AEP) – Analysts at Ventum Cap Mkts lowered their FY2025 earnings per share (EPS) estimates for shares of Atlas Engineered Products in a research report issued to clients and investors on Monday, November 25th. Ventum Cap Mkts analyst A. Semple now expects that the company will post earnings per share of $0.04 for the year, down from their previous forecast of $0.07. The consensus estimate for Atlas Engineered Products’ current full-year earnings is $0.11 per share.

AEP has been the subject of several other reports. Ventum Financial lowered their price objective on Atlas Engineered Products from C$2.00 to C$1.75 in a research report on Tuesday. Cormark decreased their target price on Atlas Engineered Products from C$2.20 to C$2.10 in a research report on Tuesday, August 20th. Finally, Raymond James set a C$2.25 target price on Atlas Engineered Products and gave the company a “strong-buy” rating in a research report on Thursday, September 12th.

Atlas Engineered Products Stock Down 0.9 %

Shares of AEP opened at C$1.14 on Wednesday. The company has a market capitalization of C$67.40 million, a PE ratio of 16.29 and a beta of 1.13. Atlas Engineered Products has a 12 month low of C$0.93 and a 12 month high of C$1.70. The stock’s 50-day moving average price is C$1.27 and its two-hundred day moving average price is C$1.33. The company has a current ratio of 4.16, a quick ratio of 2.31 and a debt-to-equity ratio of 62.14.

About Atlas Engineered Products

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.