Desjardins Has Optimistic Outlook of CVE:AEP FY2026 Earnings

Atlas Engineered Products Ltd. (CVE:AEP - Free Report) - Desjardins increased their FY2026 earnings per share estimates for Atlas Engineered Products in a research note issued on Monday, June 2nd. Desjardins analyst F. Tremblay now expects that the company will post earnings of $0.08 per share for the year, up from their prior estimate of $0.07. Desjardins 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, Raymond James set a C$1.50 target price on Atlas Engineered Products and gave the company a "buy" rating in a report on Wednesday, May 28th.

Atlas Engineered Products Stock Down 2.2%

CVE AEP traded down C$0.02 during trading on Thursday, reaching C$0.90. 45,301 shares of the company's stock were exchanged, compared to its average volume of 105,981. The company has a current ratio of 4.16, a quick ratio of 2.31 and a debt-to-equity ratio of 62.14. Atlas Engineered Products has a fifty-two week low of C$0.72 and a fifty-two week high of C$1.51. The company's fifty day simple moving average is C$0.83 and its 200-day simple moving average is C$1.01. The firm has a market capitalization of C$66.23 million, a PE ratio of 35.19 and a beta of 1.13.

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.