Raymond James Has Strong Outlook for TSE:CEU FY2025 Earnings

CES Energy Solutions Corp. (TSE:CEU - Free Report) - Stock analysts at Raymond James lifted their FY2025 EPS estimates for CES Energy Solutions in a report released on Thursday, November 7th. Raymond James analyst M. Barth now forecasts that the company will post earnings per share of $0.96 for the year, up from their previous estimate of $0.90. 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 $1.10 EPS.

CES Energy Solutions (TSE:CEU - Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The company reported C$0.20 EPS for the quarter, beating the consensus estimate of C$0.14 by C$0.06. The business had revenue of C$606.52 million during the quarter, compared to analysts' expectations of C$582.25 million. CES Energy Solutions had a net margin of 8.53% and a return on equity of 27.17%.

CEU has been the subject of a number of other reports. TD Securities boosted their price objective on CES Energy Solutions from C$9.00 to C$9.50 in a research report on Wednesday, July 17th. BMO Capital Markets raised their target price on shares of CES Energy Solutions from C$10.00 to C$12.00 in a research report on Friday, August 9th. Royal Bank of Canada upped their price objective on shares of CES Energy Solutions from C$10.00 to C$11.00 in a research note on Thursday. Scotiabank boosted their target price on CES Energy Solutions from C$9.00 to C$10.50 in a report on Monday. Finally, ATB Capital raised their price target on shares of CES Energy Solutions from C$8.50 to C$9.75 in a report on Friday, August 9th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of C$10.16.

CES Energy Solutions Price Performance

Shares of CEU stock traded up C$0.17 during trading hours on Monday, hitting C$9.19. 523,812 shares of the company's stock were exchanged, compared to its average volume of 592,567. CES Energy Solutions has a fifty-two week low of C$3.28 and a fifty-two week high of C$9.43. The firm has a market cap of C$2.15 billion, a P/E ratio of 11.76, a P/E/G ratio of 0.61 and a beta of 2.31. The firm has a 50 day moving average of C$7.73 and a two-hundred day moving average of C$7.35. The company has a quick ratio of 1.78, a current ratio of 3.18 and a debt-to-equity ratio of 51.40.

CES Energy Solutions Announces Dividend

The business 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 is Tuesday, December 31st. CES Energy Solutions's dividend payout ratio is 15.38%.

Insider Transactions at CES Energy Solutions

In related news, Director Michael Hallat sold 22,610 shares of the firm'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. In related news, Director Michael Hallat sold 22,610 shares of the firm'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, Director John Michael Hooks sold 4,382 shares of the stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of C$7.52, for a total transaction of C$32,952.64. Insiders have sold a total of 400,478 shares of company stock valued at $2,927,940 over the last ninety days. Corporate insiders own 3.03% of the company's stock.

About CES Energy Solutions

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.