Atlas Engineered Products Ltd. (CVE:AEP - Free Report) - Equities research analysts at Ventum Cap Mkts lowered their FY2024 earnings estimates for shares of Atlas Engineered Products in a report released on Tuesday, November 19th. Ventum Cap Mkts analyst A. Semple now forecasts that the company will post earnings of $0.02 per share for the year, down from their prior estimate of $0.03. The consensus estimate for Atlas Engineered Products' current full-year earnings is $0.11 per share. Ventum Cap Mkts also issued estimates for Atlas Engineered Products' FY2025 earnings at $0.07 EPS.
Other equities research analysts have also issued research reports about the stock. Raymond James set a C$2.25 price target on shares of Atlas Engineered Products and gave the company a "strong-buy" rating in a research report on Thursday, September 12th. Cormark lowered their price target on Atlas Engineered Products from C$2.20 to C$2.10 in a report on Tuesday, August 20th.
View Our Latest Research Report on AEP
Atlas Engineered Products Stock Down 0.9 %
Atlas Engineered Products stock traded down C$0.01 during mid-day trading on Friday, reaching C$1.10. The stock had a trading volume of 74,981 shares, compared to its average volume of 124,437. The company has a market capitalization of C$65.03 million, a price-to-earnings ratio of 15.86 and a beta of 1.13. The company has a 50-day moving average price of C$1.30 and a two-hundred day moving average price of C$1.35. Atlas Engineered Products has a one year low of C$0.93 and a one year high of C$1.70. The company has a debt-to-equity ratio of 62.14, a current ratio of 4.16 and a quick ratio of 2.31.
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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