CES Energy Solutions Corp. (TSE:CEU - Free Report) - Investment analysts at National Bank Financial cut their FY2025 earnings per share estimates for CES Energy Solutions in a research report issued on Wednesday, November 6th. National Bank Financial analyst D. Payne now expects that the company will post earnings of $0.84 per share for the year, down from their previous estimate of $0.86. 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 upped their target price on CES Energy Solutions from C$10.00 to C$11.00 in a report on Thursday. Scotiabank boosted their target price on shares of CES Energy Solutions from C$9.00 to C$10.50 in a report on Monday. TD Securities lifted their price objective on CES Energy Solutions from C$9.00 to C$9.50 in a research report on Wednesday, July 17th. National Bankshares raised their target price on CES Energy Solutions from C$7.00 to C$9.25 and gave the stock a "sector perform" rating in a research note on Monday, July 29th. Finally, BMO Capital Markets increased their price target on CES Energy Solutions from C$10.00 to C$12.00 in a report on Friday, August 9th. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of C$10.16.
Read Our Latest Stock Report on CEU
CES Energy Solutions Trading Up 1.9 %
TSE:CEU traded up C$0.17 during trading hours on Monday, hitting C$9.19. 523,812 shares of the company were exchanged, compared to its average volume of 592,567. The company has a fifty day simple moving average of C$7.73 and a 200 day simple moving average of C$7.35. CES Energy Solutions has a one year low of C$3.28 and a one year high of C$9.43. The stock has a market capitalization of C$2.15 billion, a price-to-earnings ratio of 11.76, a price-to-earnings-growth ratio of 0.61 and a beta of 2.31. The company has a current ratio of 3.18, a quick ratio of 1.78 and a debt-to-equity ratio of 51.40.
CES Energy Solutions (TSE:CEU - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The company reported C$0.20 earnings per share for the quarter, beating the consensus estimate of C$0.14 by C$0.06. CES Energy Solutions had a return on equity of 27.17% and a net margin of 8.53%. The company had revenue of C$606.52 million for the quarter, compared to the consensus estimate of C$582.25 million.
CES Energy Solutions Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 1.31%. The ex-dividend date of this dividend is Tuesday, December 31st. CES Energy Solutions's dividend payout ratio (DPR) is 15.38%.
Insider Transactions at CES Energy Solutions
In other news, Director Michael Hallat sold 22,610 shares of the firm's stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of C$7.71, for a total transaction of C$174,357.02. In related news, Director Michael Hallat sold 22,610 shares of the company's stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of C$7.71, for a total transaction of C$174,357.02. Also, Senior Officer Kenneth Earl Zinger sold 72,786 shares of the business's stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of C$7.52, for a total value of C$547,350.72. Insiders sold 400,478 shares of company stock valued at $2,927,940 over the last 90 days. 3.03% of the stock is currently owned by corporate insiders.
CES Energy Solutions Company Profile
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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.
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