CVE:AEP FY2025 EPS Estimate Reduced by Ventum Cap Mkts

Atlas Engineered Products Ltd. (CVE:AEP) – Research analysts at Ventum Cap Mkts cut their FY2025 earnings per share estimates for shares of Atlas Engineered Products in a research report issued to clients and 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 previous forecast of $0.07. The consensus estimate for Atlas Engineered Products’ current full-year earnings is $0.11 per share.

A number of other research firms have also commented on AEP. Ventum Financial reduced their price objective on Atlas Engineered Products from C$2.00 to C$1.75 in a research note on Tuesday. Cormark reduced their price objective on Atlas Engineered Products from C$2.20 to C$2.10 in a research note on Tuesday, August 20th. Finally, Raymond James set a C$2.25 price objective on Atlas Engineered Products and gave the stock a “strong-buy” rating in a research note on Thursday, September 12th.

Atlas Engineered Products Price Performance

Shares of AEP stock opened at C$1.14 on Wednesday. The stock’s fifty day simple moving average is C$1.27 and its 200 day simple moving average is C$1.33. 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 firm has a market cap of C$67.40 million, a price-to-earnings ratio of 16.29 and a beta of 1.13. Atlas Engineered Products has a one year low of C$0.93 and a one year high of C$1.70.

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.