Atlas Engineered Products Ltd. (CVE:AEP - Free Report) - Equities researchers at Ventum Cap Mkts lowered their Q3 2024 EPS estimates for Atlas Engineered Products in a research note issued to investors on Tuesday, November 19th. Ventum Cap Mkts analyst A. Semple now forecasts that the company will earn $0.01 per share for the quarter, down from their prior estimate of $0.02. The consensus estimate for Atlas Engineered Products' current full-year earnings is $0.11 per share.
A number of other research firms have also recently commented on AEP. Cormark lowered their price objective on shares of Atlas Engineered Products from C$2.20 to C$2.10 in a research report on Tuesday, August 20th. Raymond James set a C$2.25 price objective on shares of Atlas Engineered Products and gave the stock a "strong-buy" rating in a research note on Thursday, September 12th.
Read Our Latest Analysis on AEP
Atlas Engineered Products Price Performance
CVE AEP traded down C$0.01 during trading on Thursday, reaching C$1.10. 53,532 shares of the company traded hands, compared to its average volume of 124,496. The company has a market cap of C$65.03 million, a price-to-earnings ratio of 15.86 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. The stock's 50 day moving average price is C$1.30 and its two-hundred day moving average price is C$1.35.
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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