Scotiabank Has Bullish Forecast for TSE:CU FY2025 Earnings

Canadian Utilities Limited (TSE:CU) – Analysts at Scotiabank raised their FY2025 EPS estimates for shares of Canadian Utilities in a research note issued to investors on Wednesday, January 8th. Scotiabank analyst R. Hope now expects that the company will earn $2.43 per share for the year, up from their previous forecast of $2.41. The consensus estimate for Canadian Utilities’ current full-year earnings is $2.41 per share.

Separately, Royal Bank of Canada boosted their price objective on Canadian Utilities from C$38.00 to C$39.00 in a research report on Friday, November 15th.

Canadian Utilities Stock Performance

Shares of TSE:CU opened at C$34.09 on Monday. Canadian Utilities has a 52-week low of C$29.15 and a 52-week high of C$37.10. The firm has a market capitalization of C$6.99 billion, a P/E ratio of 17.22, a PEG ratio of 2.38 and a beta of 0.66. The company has a quick ratio of 1.30, a current ratio of 1.29 and a debt-to-equity ratio of 149.94. The business’s fifty day moving average is C$35.19.

Canadian Utilities Company Profile

Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, renewables, pipelines, liquids, and retail energy businesses in Canada, Australia, and internationally. It operates through ATCO Energy Systems, ATCO EnPower, and Corporate & Other segments. The ATCO Energy Systems segment provides regulated electricity transmission and distribution services in northern and central east Alberta, the Yukon, the Northwest Territories, and the Lloydminster area of Saskatchewan; and integrated natural gas transmission and distribution services in Alberta, the Lloydminster area of Saskatchewan, and Western Australia.