FY2025 EPS Estimate for Canadian Utilities Cut by Analyst

Canadian Utilities Limited (TSE:CU - Free Report) - Analysts at National Bank Financial reduced their FY2025 EPS estimates for shares of Canadian Utilities in a research note issued to investors on Tuesday, April 22nd. National Bank Financial analyst P. Kenny now anticipates that the company will earn $2.46 per share for the year, down from their prior forecast of $2.47. The consensus estimate for Canadian Utilities' current full-year earnings is $2.41 per share.

CU has been the subject of a number of other research reports. CIBC lifted their price target on shares of Canadian Utilities from C$38.00 to C$40.00 in a research note on Friday, April 4th. Scotiabank lifted their price objective on shares of Canadian Utilities from C$37.00 to C$38.00 and gave the stock a "sector perform" rating in a report on Thursday, February 13th.

Canadian Utilities Stock Up 0.3 %

CU stock traded up C$0.13 during midday trading on Friday, hitting C$37.74. 430,005 shares of the company's stock were exchanged, compared to its average volume of 573,930. The stock has a market capitalization of C$7.71 billion, a price-to-earnings ratio of 20.39, a price-to-earnings-growth ratio of 2.38 and a beta of 0.66. The company has a current ratio of 1.63, a quick ratio of 1.30 and a debt-to-equity ratio of 158.34. The firm has a 50 day moving average price of C$35.91 and a 200-day moving average price of C$35.30. Canadian Utilities has a 12-month low of C$29.15 and a 12-month high of C$38.37.

About Canadian Utilities

Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, renewables, pipelines, liquids, and retail energy businesses in Canada, Australia, and internationally. It operates through ATCO Energy Systems, ATCO EnPower, and Corporate & Other segments. The ATCO Energy Systems segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, the Northwest Territories, and the Lloydminster area of Saskatchewan; and integrated natural gas transmission and distribution services in Alberta, the Lloydminster area of Saskatchewan, and Western Australia.