Atlas Engineered Products Ltd. (CVE:AEP - Free Report) - Stock analysts at Raymond James dropped their FY2024 earnings estimates for shares of Atlas Engineered Products in a note issued to investors on Monday, November 25th. Raymond James analyst D. Swetlishoff now anticipates that the company will post earnings per share of $0.02 for the year, down from their previous forecast of $0.03. Raymond James has a "Strong-Buy" rating on the stock. The consensus estimate for Atlas Engineered Products' current full-year earnings is $0.11 per share.
Other equities analysts have also recently issued reports about the stock. Ventum Financial reduced their price target on shares of Atlas Engineered Products from C$2.00 to C$1.75 in a research report on Tuesday. Cormark reduced their target price on shares of Atlas Engineered Products from C$2.20 to C$2.10 in a report on Tuesday, August 20th.
Check Out Our Latest Analysis on AEP
Atlas Engineered Products Stock Performance
Shares of CVE AEP remained flat at C$1.15 during trading hours on Wednesday. The company had a trading volume of 60,710 shares, compared to its average volume of 125,899. The business's fifty day simple moving average is C$1.28 and its 200-day simple moving average is C$1.33. The stock has a market capitalization of C$67.99 million, a price-to-earnings ratio of 16.43 and a beta of 1.13. The company has a debt-to-equity ratio of 62.14, a quick ratio of 2.31 and a current ratio of 4.16. Atlas Engineered Products has a 1 year low of C$0.93 and a 1 year high of C$1.70.
About Atlas Engineered Products
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Atlas Engineered Products Ltd. engages in the design, manufacture, and sale of engineered roof trusses, floor trusses, and wall panels in Canada. The company offers floor joists and floor panels; and design, engineering, permitting, project management, and site assembly services. It also distributes a range of engineered wood products for builders of residential and commercial wood-framed buildings, including single-family homes, townhouses, multi-story wood-framed residential buildings, commercial buildings, and agricultural structures.
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