What is Raymond James' Estimate for TSE:CEU FY2027 Earnings?

CES Energy Solutions Corp. (TSE:CEU - Free Report) - Investment analysts at Raymond James upped their FY2027 earnings per share estimates for shares of CES Energy Solutions in a research note issued to investors 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 previous estimate of $1.28. The consensus estimate for CES Energy Solutions' current full-year earnings is $0.86 per share.

CEU has been the subject of several other research reports. National Bankshares increased their price objective on shares of CES Energy Solutions from C$10.00 to C$11.50 and gave the company a "sector perform" rating in a research report on Thursday, December 19th. ATB Capital upgraded shares of CES Energy Solutions from a "sector perform" rating to an "outperform" rating and set a C$11.00 price objective on the stock in a report on Friday, March 7th. Atb Cap Markets upgraded CES Energy Solutions from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 7th. Finally, TD Securities reduced their price target on CES Energy Solutions from C$11.00 to C$9.00 and set a "buy" rating for the company in a report on Wednesday. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, CES Energy Solutions currently has an average rating of "Buy" and an average target price of C$10.53.

CES Energy Solutions Stock Up 2.3 %

Shares of CEU stock traded up C$0.14 during trading hours on Friday, reaching C$6.14. The company had a trading volume of 336,339 shares, compared to its average volume of 693,636. The company has a market capitalization of C$1.37 billion, a P/E ratio of 7.17, a price-to-earnings-growth ratio of 0.61 and a beta of 2.31. 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 twelve month low of C$5.29 and a twelve month high of C$10.20. The stock's fifty day simple moving average is C$7.45 and its 200 day simple moving average is C$8.42.

CES Energy Solutions Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were given a dividend of $0.0425 per share. This is a positive change from CES Energy Solutions's previous quarterly dividend of $0.03. This represents a $0.17 annualized dividend and a dividend yield of 2.77%. The ex-dividend date of this dividend was Monday, March 31st. CES Energy Solutions's dividend payout ratio is currently 14.01%.

Insiders Place Their Bets

In related news, Senior Officer Kenneth Earl Zinger purchased 10,000 shares of the business's stock in a transaction that occurred on Friday, April 4th. The shares were acquired at an average price of C$6.06 per share, with a total value of C$60,600.00. Also, Senior Officer Anthony Michael Aulicino sold 50,563 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of C$7.23, for a total value of C$365,570.49. 3.03% of the stock is currently owned by corporate insiders.

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.