Analysts Offer Predictions for TSE:CEU FY2027 Earnings

CES Energy Solutions Corp. (TSE:CEU - Free Report) - Equities research analysts at Atb Cap Markets issued their FY2027 earnings estimates for shares of CES Energy Solutions in a research report issued on Tuesday, December 10th. Atb Cap Markets analyst T. Monachello forecasts that the company will earn $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 topic of several other reports. Royal Bank of Canada raised their target price on shares of CES Energy Solutions from C$10.00 to C$11.00 in a report on Thursday, November 7th. Raymond James upped their target price on CES Energy Solutions from C$10.50 to C$10.75 in a research note on Tuesday, October 15th. Scotiabank lifted their price target on CES Energy Solutions from C$9.00 to C$10.50 in a research note on Monday, November 11th. Finally, ATB Capital upped their price objective on CES Energy Solutions from C$10.00 to C$11.00 in a research report on Tuesday. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of C$10.31.

CES Energy Solutions Price Performance

Shares of TSE CEU traded down C$0.15 during mid-day trading on Friday, reaching C$9.49. The company had a trading volume of 295,906 shares, compared to its average volume of 597,793. CES Energy Solutions has a one year low of C$3.39 and a one year high of C$9.99. The business's 50-day simple moving average is C$8.66 and its 200 day simple moving average is C$7.90. The company has a debt-to-equity ratio of 51.40, a quick ratio of 1.78 and a current ratio of 3.18. The firm has a market cap of C$2.22 billion, a price-to-earnings ratio of 12.36, a PEG ratio of 0.61 and a beta of 2.31.

CES Energy Solutions (TSE:CEU - Get Free Report) last posted 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 for the quarter, compared to analyst estimates of C$582.25 million. CES Energy Solutions had a return on equity of 27.17% and a net margin of 8.53%.

Insider Activity

In other news, Director John Michael Hooks sold 4,382 shares of CES Energy Solutions stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of C$7.52, for a total value of C$32,952.64. Also, Senior Officer Anthony Michael Aulicino sold 17,667 shares of the firm's stock in a transaction on Monday, November 18th. The stock was sold at an average price of C$8.99, for a total transaction of C$158,826.33. Over the last quarter, insiders sold 492,732 shares of company stock valued at $3,781,982. Company insiders own 3.03% of the company's stock.

CES Energy Solutions Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a $0.03 dividend. The ex-dividend date 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 presently 15.38%.

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.