FY2027 EPS Estimates for TSE:CEU Lifted by Raymond James

CES Energy Solutions Corp. (TSE:CEU) – Equities research analysts at Raymond James lifted their FY2027 EPS estimates for CES Energy Solutions in a report released on Wednesday, April 9th. Raymond James analyst M. Barth now anticipates that the company will earn $1.30 per share for the year, up from their prior estimate of $1.28. The consensus estimate for CES Energy Solutions’ current full-year earnings is $0.86 per share.

Other analysts also recently issued research reports about the stock. Atb Cap Markets raised shares of CES Energy Solutions from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 7th. National Bankshares boosted their price target on shares of 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. Finally, ATB Capital raised CES Energy Solutions from a “sector perform” rating to an “outperform” rating and set a C$11.00 target price for the company in a research report on Friday, March 7th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Buy” and an average price target of C$10.59.

CES Energy Solutions Stock Up 3.4 %

Shares of TSE:CEU opened at C$6.10 on Friday. The company has a market capitalization of C$1.36 billion, a price-to-earnings ratio of 7.12, a P/E/G ratio of 0.61 and a beta of 2.31. The business’s 50-day moving average is C$7.57 and its 200-day moving average is C$8.43. The company has a debt-to-equity ratio of 57.26, a current ratio of 2.82 and a quick ratio of 1.78. CES Energy Solutions has a 1 year low of C$5.29 and a 1 year high of C$10.20.

Insider Transactions at CES Energy Solutions

In other news, Senior Officer Anthony Michael Aulicino sold 50,563 shares of the stock in a transaction 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 acquired 5,000 shares of the company’s stock in a transaction dated Monday, April 7th. The shares were bought at an average cost of C$6.00 per share, with a total value of C$30,000.00. Corporate insiders own 3.03% of the company’s stock.

CES Energy Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th will be issued a dividend of $0.0425 per share. This is a boost from CES Energy Solutions’s previous quarterly dividend of $0.03. The ex-dividend date is Monday, March 31st. This represents a $0.17 dividend on an annualized basis and a yield of 2.79%. CES Energy Solutions’s payout ratio is presently 14.01%.

About CES Energy Solutions

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.