Atlas Engineered Products Ltd. (CVE:AEP - Free Report) - Cormark boosted their FY2024 earnings per share estimates for Atlas Engineered Products in a report issued on Tuesday, November 26th. Cormark analyst D. Ocampo now forecasts that the company will post earnings of $0.01 per share for the year, up from their prior forecast of ($0.02). The consensus estimate for Atlas Engineered Products' current full-year earnings is $0.11 per share. Cormark also issued estimates for Atlas Engineered Products' Q1 2025 earnings at ($0.02) EPS, Q2 2025 earnings at $0.02 EPS and FY2025 earnings at $0.04 EPS.
Several other research analysts have also weighed in on the stock. Ventum Financial lowered their target price 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 objective on Atlas Engineered Products and gave the company a "strong-buy" rating in a research note on Thursday, September 12th.
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Atlas Engineered Products Price Performance
Shares of CVE:AEP traded down C$0.01 on Thursday, reaching C$1.14. 46,845 shares of the company were exchanged, compared to its average volume of 126,282. The company has a 50-day moving average of C$1.27 and a 200-day moving average of C$1.33. The company has a current ratio of 4.16, a quick ratio of 2.31 and a debt-to-equity ratio of 62.14. The firm has a market cap of C$67.40 million, a price-to-earnings ratio of 16.43 and a beta of 1.13. Atlas Engineered Products has a 1-year low of C$0.93 and a 1-year high of C$1.70.
Atlas Engineered Products Company Profile
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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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