CVE:AEP FY2025 EPS Estimate Cut by Ventum Cap Mkts

Atlas Engineered Products Ltd. (CVE:AEP - Free Report) - Research analysts at Ventum Cap Mkts dropped their FY2025 earnings per share estimates for shares of Atlas Engineered Products in a research note issued to investors on Monday, November 25th. Ventum Cap Mkts analyst A. Semple now forecasts that the company will post earnings of $0.04 per share for the year, down from their prior estimate of $0.07. The consensus estimate for Atlas Engineered Products' current full-year earnings is $0.11 per share.

Other equities research analysts have also recently issued research reports about the stock. Ventum Financial dropped their price target on shares of Atlas Engineered Products from C$2.00 to C$1.75 in a research report on Tuesday. Raymond James set a C$2.25 price target on Atlas Engineered Products and gave the company a "strong-buy" rating in a report on Thursday, September 12th. Finally, Cormark dropped their price objective on Atlas Engineered Products from C$2.20 to C$2.10 in a report on Tuesday, August 20th.

Atlas Engineered Products Trading Up 3.5 %

AEP stock traded up C$0.04 during midday trading on Wednesday, hitting C$1.19. The company had a trading volume of 86,311 shares, compared to its average volume of 126,054. The company has a current ratio of 4.16, a quick ratio of 2.31 and a debt-to-equity ratio of 62.14. Atlas Engineered Products has a 52 week low of C$0.93 and a 52 week high of C$1.70. The stock has a market cap of C$70.35 million, a price-to-earnings ratio of 16.43 and a beta of 1.13. The stock's 50 day moving average price is C$1.28 and its 200 day moving average price is C$1.33.

Atlas Engineered Products Company Profile

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.