Analysts Offer Predictions for TSE:ACX FY2025 Earnings

Key Points

• Raymond James Financial has revised down its earnings estimates for ACT Energy Technologies, forecasting $0.18 earnings per share for FY2025, down from a previous estimate of $0.32.
• Despite the downgrade, Raymond James maintains a "Moderate Buy" rating on ACT Energy Technologies stock.
• ACT Energy Technologies shares opened at C$5.28 with a market capitalization of C$179.18 million and a P/E ratio of 5.33.

ACT Energy Technologies Ltd. (TSE:ACX - Free Report) - Analysts at Raymond James Financial decreased their FY2025 earnings estimates for shares of ACT Energy Technologies in a research note issued on Monday, October 6th. Raymond James Financial analyst M. Barth now forecasts that the company will post earnings of $0.18 per share for the year, down from their previous forecast of $0.32. Raymond James Financial currently has a "Moderate Buy" rating on the stock.

ACT Energy Technologies Stock Performance

Shares of ACX stock opened at C$5.28 on Wednesday. The business's fifty day simple moving average is C$4.79. The firm has a market capitalization of C$179.18 million, a P/E ratio of 5.33 and a beta of 1.25. ACT Energy Technologies has a 12-month low of C$4.23 and a 12-month high of C$6.98.

ACT Energy Technologies Company Profile

ACT Energy Technologies Ltd. is based in Calgary, Alberta, Canada. We operate in Canada and in the United States as Altitude Energy Partners, and in the U.S. under Discovery Downhole Services and Rime Downhole Technologies.

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