Ventum Cap Mkts Analysts Cut Earnings Estimates for CVE:AEP

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

A number of other equities research analysts also recently weighed in on AEP. Raymond James set a C$2.25 target price on Atlas Engineered Products and gave the stock a “strong-buy” rating in a report on Thursday, September 12th. Cormark dropped their target price on Atlas Engineered Products from C$2.20 to C$2.10 in a report on Tuesday, August 20th. Finally, Ventum Financial dropped their target price on Atlas Engineered Products from C$2.00 to C$1.75 in a report on Tuesday.

Atlas Engineered Products Stock Performance

AEP stock opened at C$1.15 on Wednesday. The company has a debt-to-equity ratio of 62.14, a current ratio of 4.16 and a quick ratio of 2.31. The company has a fifty day moving average price of C$1.28 and a two-hundred day moving average price of C$1.33. Atlas Engineered Products has a one year low of C$0.93 and a one year high of C$1.70. The stock has a market cap of C$67.99 million, a price-to-earnings ratio of 16.43 and a beta of 1.13.

About Atlas Engineered Products

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.