Equities Analysts Set Expectations for TSE:CU Q1 Earnings

Canadian Utilities Limited (TSE:CU - Free Report) - Equities researchers at National Bank Financial issued their Q1 2025 earnings per share estimates for shares of Canadian Utilities in a research report issued on Tuesday, April 22nd. National Bank Financial analyst P. Kenny forecasts that the company will post earnings of $0.84 per share for the quarter. The consensus estimate for Canadian Utilities' current full-year earnings is $2.41 per share.

A number of other analysts also recently issued reports on the company. Scotiabank raised their price target on Canadian Utilities from C$37.00 to C$38.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 13th. CIBC lifted their price target on shares of Canadian Utilities from C$38.00 to C$40.00 in a research note on Friday, April 4th.

Canadian Utilities Price Performance

Shares of TSE CU traded up C$0.17 during midday trading on Thursday, reaching C$38.02. 64,340 shares of the stock traded hands, compared to its average volume of 568,952. The company has a debt-to-equity ratio of 158.34, a current ratio of 1.63 and a quick ratio of 1.30. The stock has a market capitalization of C$7.77 billion, a PE ratio of 20.54, a P/E/G ratio of 2.38 and a beta of 0.66. Canadian Utilities has a one year low of C$29.15 and a one year high of C$38.37. The company's 50 day moving average is C$35.99 and its 200 day moving average is C$35.31.

About Canadian Utilities

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.