FY2025 EPS Estimate for Canadian Utilities Lifted by Analyst

Canadian Utilities Limited (TSE:CU - Free Report) - Investment analysts at Scotiabank increased their FY2025 earnings estimates for Canadian Utilities in a research note issued to investors on Wednesday, January 8th. Scotiabank analyst R. Hope now expects that the company will post earnings of $2.43 per share for the year, up from their prior forecast of $2.41. The consensus estimate for Canadian Utilities' current full-year earnings is $2.41 per share.

Separately, Royal Bank of Canada lifted their price target on Canadian Utilities from C$38.00 to C$39.00 in a report on Friday, November 15th.

Canadian Utilities Stock Performance

CU traded down C$0.11 on Monday, reaching C$33.98. The company had a trading volume of 24,952 shares, compared to its average volume of 447,936. The firm has a market cap of C$6.96 billion, a PE ratio of 17.16, a P/E/G ratio of 2.38 and a beta of 0.66. The company has a debt-to-equity ratio of 149.94, a quick ratio of 1.30 and a current ratio of 1.29. Canadian Utilities has a fifty-two week low of C$29.15 and a fifty-two week high of C$37.10. The firm's fifty day simple moving average is C$35.19.

Canadian Utilities Company Profile

Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, renewables, pipelines, liquids, and retail energy businesses in Canada, Australia, and internationally. It operates through ATCO Energy Systems, ATCO EnPower, and Corporate & Other segments. The ATCO Energy Systems segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, the Northwest Territories, and the Lloydminster area of Saskatchewan; and integrated natural gas transmission and distribution services in Alberta, the Lloydminster area of Saskatchewan, and Western Australia.