FY2025 EPS Estimates for TSE:CEU Lowered by Raymond James

CES Energy Solutions Corp. (TSE:CEU) – Equities research analysts at Raymond James cut their FY2025 earnings estimates for CES Energy Solutions in a note issued to investors on Wednesday, April 9th. Raymond James analyst M. Barth now anticipates that the company will post earnings of $0.88 per share for the year, down from their prior forecast of $0.96. The consensus estimate for CES Energy Solutions’ current full-year earnings is $0.86 per share. Raymond James also issued estimates for CES Energy Solutions’ FY2026 earnings at $1.07 EPS.

Several other equities analysts also recently issued reports on the stock. National Bankshares upped their price objective on shares of CES Energy Solutions from C$10.00 to C$11.50 and gave the company a “sector perform” rating in a research note on Thursday, December 19th. Atb Cap Markets upgraded shares of CES Energy Solutions from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 7th. Finally, ATB Capital upgraded shares of CES Energy Solutions from a “sector perform” rating to an “outperform” rating and set a C$11.00 target price on the stock in a research report on Friday, March 7th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of C$10.59.

CES Energy Solutions Stock Performance

Shares of CEU stock opened at C$6.00 on Monday. The company has a market cap of C$1.34 billion, a P/E ratio of 7.00, a PEG ratio of 0.61 and a beta of 2.31. The company has a current ratio of 2.82, a quick ratio of 1.78 and a debt-to-equity ratio of 57.26. The firm has a fifty day moving average price of C$7.45 and a 200 day moving average price of C$8.42. CES Energy Solutions has a 12 month low of C$5.29 and a 12 month high of C$10.20.

CES Energy Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were issued a dividend of $0.0425 per share. This is a positive change from CES Energy Solutions’s previous quarterly dividend of $0.03. This represents a $0.17 annualized dividend and a yield of 2.83%. The ex-dividend date of this dividend was Monday, March 31st. CES Energy Solutions’s dividend payout ratio (DPR) is currently 14.01%.

Insider Activity

In other news, Senior Officer Kenneth Earl Zinger bought 5,000 shares of the company’s stock in a transaction that occurred on Monday, April 7th. The shares were purchased at an average price of C$6.00 per share, with a total value of C$30,000.00. Also, Senior Officer Anthony Michael Aulicino sold 50,563 shares of the firm’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of C$7.23, for a total value of C$365,570.49. Company insiders own 3.03% of the company’s stock.

CES Energy Solutions Company Profile

CES Energy Solutions Corp provides consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack, and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.