What is Cormark's Forecast for CVE:AEP FY2025 Earnings?

Atlas Engineered Products Ltd. (CVE:AEP - Free Report) - Cormark lowered their FY2025 EPS estimates for Atlas Engineered Products in a research report issued on Monday, April 28th. Cormark analyst D. Ocampo now anticipates that the company will earn ($0.02) per share for the year, down from their previous forecast of $0.04. The consensus estimate for Atlas Engineered Products' current full-year earnings is $0.11 per share. Cormark also issued estimates for Atlas Engineered Products' FY2026 earnings at $0.02 EPS.

Several other equities analysts also recently issued reports on AEP. Raymond James downgraded Atlas Engineered Products from a "strong-buy" rating to a "moderate buy" rating in a research report on Monday, March 31st. Desjardins set a C$1.50 target price on Atlas Engineered Products and gave the stock a "buy" rating in a report on Wednesday, April 16th.

Atlas Engineered Products Stock Performance

CVE:AEP traded down C$0.01 during trading hours on Wednesday, hitting C$0.77. 96,637 shares of the company were exchanged, compared to its average volume of 95,007. The company's 50 day moving average price is C$0.89 and its 200-day moving average price is C$1.09. The stock has a market capitalization of C$56.66 million, a price-to-earnings ratio of 30.11 and a beta of 1.13. Atlas Engineered Products has a 52-week low of C$0.77 and a 52-week high of C$1.56. The company has a debt-to-equity ratio of 62.14, a current ratio of 4.16 and a quick ratio of 2.31.

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.