CVE:AEP FY2026 EPS Lowered by Raymond James Financial

Key Points

• Analysts at Raymond James Financial have lowered their FY2026 EPS estimate for Atlas Engineered Products to $0.02 from $0.03, while maintaining a "Buy" rating and price target of $1.50.
• Desjardins set a price target of C$1.35 for Atlas Engineered Products, which is consistent with a growing consensus of a "Buy" rating among analysts.
• The stock is currently trading at C$0.85, with a one-year trading range between C$0.67 and C$1.42, and has a market capitalization of approximately C$59.71 million.

Atlas Engineered Products Ltd. (CVE:AEP - Free Report) - Analysts at Raymond James Financial cut their FY2026 EPS estimates for shares of Atlas Engineered Products in a research report issued on Monday, September 22nd. Raymond James Financial analyst D. Swetlishoff now expects that the company will post earnings of $0.02 per share for the year, down from their prior forecast of $0.03. Raymond James Financial currently has a "Buy" rating and a $1.50 target price on the stock. The consensus estimate for Atlas Engineered Products' current full-year earnings is $0.11 per share.

Separately, Desjardins set a C$1.35 price target on Atlas Engineered Products and gave the company a "buy" rating in a research report on Tuesday, September 16th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of C$1.53.

Atlas Engineered Products Price Performance

Shares of CVE:AEP opened at C$0.85 on Tuesday. Atlas Engineered Products has a one year low of C$0.67 and a one year high of C$1.42. The stock has a market capitalization of C$59.71 million, a price-to-earnings ratio of -42.50 and a beta of 0.34. The company has a 50-day simple moving average of C$0.80 and a 200-day simple moving average of C$0.84. The company has a debt-to-equity ratio of 62.14, a quick ratio of 2.31 and a current ratio of 4.16.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.