Analysts Offer Predictions for TSE:CEU FY2027 Earnings

CES Energy Solutions Corp. (TSE:CEU) – Investment analysts at Atb Cap Markets issued their FY2027 earnings per share (EPS) estimates for CES Energy Solutions in a note issued to investors on Tuesday, December 10th. Atb Cap Markets analyst T. Monachello expects that the company will post earnings of $0.94 per share for the year. Atb Cap Markets has a “Hold” rating on the stock. The consensus estimate for CES Energy Solutions’ current full-year earnings is $0.86 per share.

CES Energy Solutions (TSE:CEU) last posted its quarterly earnings results on Wednesday, November 6th. The company reported C$0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.14 by C$0.06. CES Energy Solutions had a return on equity of 27.17% and a net margin of 8.53%. The firm had revenue of C$606.52 million during the quarter, compared to analyst estimates of C$582.25 million.

A number of other equities analysts have also weighed in on CEU. Scotiabank boosted their price objective on shares of CES Energy Solutions from C$9.00 to C$10.50 in a report on Monday, November 11th. ATB Capital boosted their price target on CES Energy Solutions from C$10.00 to C$11.00 in a research note on Tuesday, December 10th. Raymond James upped their price target on CES Energy Solutions from C$10.50 to C$10.75 in a report on Tuesday, October 15th. Finally, Royal Bank of Canada boosted their target price on CES Energy Solutions from C$10.00 to C$11.00 in a research report on Thursday, November 7th. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of C$10.31.

CES Energy Solutions Stock Down 1.5 %

Shares of CES Energy Solutions stock opened at C$9.50 on Friday. The company has a 50-day simple moving average of C$8.70 and a two-hundred day simple moving average of C$7.91. The stock has a market capitalization of C$2.22 billion, a PE ratio of 12.18, a price-to-earnings-growth ratio of 0.61 and a beta of 2.31. CES Energy Solutions has a 52-week low of C$3.39 and a 52-week high of C$9.99. The company has a debt-to-equity ratio of 51.40, a quick ratio of 1.78 and a current ratio of 3.18.

Insider Buying and Selling at CES Energy Solutions

In other news, Director Michael Hallat sold 22,610 shares of CES Energy Solutions stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of C$7.71, for a total transaction of C$174,357.02. Also, Senior Officer Kenneth Earl Zinger sold 72,786 shares of the business’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of C$7.52, for a total transaction of C$547,350.72. Insiders sold a total of 492,732 shares of company stock worth $3,781,982 in the last three months. 3.03% of the stock is currently owned by company insiders.

CES Energy Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a $0.03 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.12 annualized dividend and a yield of 1.26%. CES Energy Solutions’s payout ratio is 15.38%.

About CES Energy Solutions

CES Energy Solutions Corp., together with its subsidiaries, engages in design, implement, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada. The company provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets.