What is Raymond James' Forecast for TSE:CEU FY2025 Earnings?

CES Energy Solutions Corp. (TSE:CEU - Free Report) - Research analysts at Raymond James lowered their FY2025 earnings per share 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 prior 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 analysts also recently issued reports on CEU. BMO Capital Markets lowered their target price on CES Energy Solutions from C$10.00 to C$9.00 in a research report on Thursday. National Bankshares boosted 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 research report on Thursday, December 19th. ATB Capital raised CES Energy Solutions from a "sector perform" rating to an "outperform" rating and set a C$11.00 price objective for the company in a report on Friday, March 7th. Royal Bank of Canada decreased their target price on shares of CES Energy Solutions from C$11.00 to C$10.00 and set an "outperform" rating for the company in a research note on Thursday. Finally, TD Securities dropped their price target on shares of CES Energy Solutions from C$11.00 to C$9.00 and set a "buy" rating on the stock in a research report on Wednesday. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of C$10.03.

CES Energy Solutions Stock Up 2.4 %

CES Energy Solutions stock traded up C$0.15 during mid-day trading on Monday, reaching C$6.40. The company's stock had a trading volume of 583,115 shares, compared to its average volume of 698,505. The business's 50 day simple moving average is C$7.35 and its 200 day simple moving average is C$8.39. The company has a debt-to-equity ratio of 57.26, a quick ratio of 1.78 and a current ratio of 2.82. CES Energy Solutions has a 12 month low of C$5.29 and a 12 month high of C$10.20. The company has a market capitalization of C$1.43 billion, a price-to-earnings ratio of 7.47, a price-to-earnings-growth ratio of 0.61 and a beta of 2.31.

CES Energy Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were paid a $0.0425 dividend. This represents a $0.17 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date of this dividend was Monday, March 31st. This is a boost from CES Energy Solutions's previous quarterly dividend of $0.03. CES Energy Solutions's dividend payout ratio is 14.01%.

Insider Buying and Selling at CES Energy Solutions

In other CES Energy Solutions news, Senior Officer Anthony Michael Aulicino sold 50,563 shares of the stock in a transaction dated 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 10,000 shares of CES Energy Solutions stock in a transaction dated Friday, April 4th. The shares were purchased at an average price of C$6.06 per share, with a total value of C$60,600.00. Insiders own 3.03% of the company's stock.

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.