National Bank Financial Forecasts TSE:CEU FY2026 Earnings

CES Energy Solutions Corp. (TSE:CEU - Free Report) - Investment analysts at National Bank Financial lifted their FY2026 earnings estimates for shares of CES Energy Solutions in a research note issued to investors on Thursday, May 8th. National Bank Financial analyst D. Payne now anticipates that the company will earn $0.94 per share for the year, up from their prior forecast of $0.93. The consensus estimate for CES Energy Solutions' current full-year earnings is $0.86 per share.

A number of other research firms have also recently issued reports on CEU. TD Securities lowered their target price on CES Energy Solutions from C$11.00 to C$9.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. Atb Cap Markets upgraded CES Energy Solutions from a "hold" rating to a "strong-buy" rating in a report on Friday, March 7th. Royal Bank of Canada lowered their target price on CES Energy Solutions from C$11.00 to C$10.00 and set an "outperform" rating for the company in a report on Thursday, April 17th. BMO Capital Markets lowered their target price on CES Energy Solutions from C$10.00 to C$9.00 in a report on Thursday, April 17th. Finally, ATB Capital lowered their target price on CES Energy Solutions from C$11.00 to C$10.00 and set an "outperform" rating for the company in a report on Monday, May 5th. One analyst has rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of C$10.11.

CES Energy Solutions Trading Down 0.3%

Shares of CEU traded down C$0.02 during trading hours on Monday, reaching C$6.24. The stock had a trading volume of 390,459 shares, compared to its average volume of 673,019. The company has a quick ratio of 1.78, a current ratio of 2.82 and a debt-to-equity ratio of 57.26. CES Energy Solutions has a 52 week low of C$5.59 and a 52 week high of C$10.20. The firm has a 50-day moving average of C$6.57 and a 200 day moving average of C$8.18. The company has a market cap of C$1.40 billion, a P/E ratio of 7.28, a P/E/G ratio of 0.61 and a beta of 2.31.

Insider Transactions at CES Energy Solutions

In related news, Senior Officer Anthony Michael Aulicino sold 50,563 shares of the firm's stock in a transaction dated Monday, March 17th. The shares were sold at an average price of C$7.23, for a total value of C$365,570.49. Also, Senior Officer Kenneth Earl Zinger bought 10,000 shares of the business's stock in a transaction that occurred on Friday, April 4th. The stock was purchased at an average price of C$6.06 per share, with a total value of C$60,600.00. Company insiders own 3.03% of the company's stock.

CES Energy Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were paid a dividend of $0.0425 per share. This represents a $0.17 dividend on an annualized basis and a dividend yield of 2.72%. This is an increase from CES Energy Solutions's previous quarterly dividend of $0.03. The ex-dividend date was Monday, March 31st. CES Energy Solutions's dividend payout ratio is currently 14.01%.

CES Energy Solutions Company Profile

CES Energy Solutions Corp provides consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack, and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.