Raymond James Financial Forecasts TSE:CEU FY2025 Earnings

CES Energy Solutions Corp. (TSE:CEU - Free Report) - Investment analysts at Raymond James Financial lowered their FY2025 EPS estimates for CES Energy Solutions in a note issued to investors on Thursday, July 3rd. Raymond James Financial analyst M. Barth now expects that the company will earn $0.79 per share for the year, down from their prior forecast of $0.83. The consensus estimate for CES Energy Solutions' current full-year earnings is $0.86 per share. Raymond James Financial also issued estimates for CES Energy Solutions' FY2026 earnings at $0.97 EPS and FY2027 earnings at $1.16 EPS.

A number of other brokerages have also recently commented on CEU. National Bank Financial upgraded shares of CES Energy Solutions from a "hold" rating to a "strong-buy" rating in a research report on Wednesday. BMO Capital Markets reduced their target price on shares of CES Energy Solutions from C$10.00 to C$9.00 in a research report on Thursday, April 17th. National Bankshares upgraded shares of CES Energy Solutions from a "sector perform" rating to an "outperform" rating and set a C$14.50 price objective for the company in a research report on Thursday. TD Securities reduced their target price on shares of CES Energy Solutions from C$11.00 to C$9.00 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. Finally, Royal Bank Of Canada reduced their target price on shares of CES Energy Solutions from C$11.00 to C$10.00 and set an "outperform" rating on the stock in a research note on Thursday, April 17th. Five investment analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, CES Energy Solutions presently has a consensus rating of "Buy" and a consensus target price of C$10.54.

CES Energy Solutions Price Performance

Shares of TSE CEU traded down C$0.09 during mid-day trading on Friday, reaching C$6.96. The company's stock had a trading volume of 261,229 shares, compared to its average volume of 635,697. The stock has a 50-day moving average of C$6.44 and a two-hundred day moving average of C$7.53. The stock has a market capitalization of C$1.56 billion, a P/E ratio of 8.12, a P/E/G ratio of 0.61 and a beta of 2.31. The company has a debt-to-equity ratio of 57.26, a quick ratio of 1.78 and a current ratio of 2.82. CES Energy Solutions has a 1-year low of C$5.59 and a 1-year high of C$10.20.

Insiders Place Their Bets

In other CES Energy Solutions news, Senior Officer Anthony Michael Aulicino sold 11,119 shares of CES Energy Solutions stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of C$6.78, for a total transaction of C$75,386.82. Also, Senior Officer Vernon James Disney sold 23,416 shares of CES Energy Solutions stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of C$6.78, for a total transaction of C$158,760.48. Insiders have sold 72,805 shares of company stock valued at $493,618 over the last ninety days. Company insiders own 3.03% of the company's stock.

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.