TSE:CEU FY2025 EPS Raised by Raymond James Financial

Key Points

• Raymond James Financial has raised its FY2025 EPS estimate for CES Energy Solutions Corp. from $0.79 to $0.83, while the consensus estimate stands at $0.86 per share.
• Despite some analysts lowering their price targets, the stock has received a mix of ratings, with four analysts rating it as a "buy" and two as "strong buy" according to MarketBeat.
• Shares of CES Energy Solutions have seen a 6.0% increase recently, opening at C$7.90, with a market cap of C$1.77 billion.

CES Energy Solutions Corp. (TSE:CEU - Free Report) - Raymond James Financial increased their FY2025 EPS estimates for shares of CES Energy Solutions in a note issued to investors on Sunday, August 10th. Raymond James Financial analyst M. Barth now expects that the company will earn $0.83 per share for the year, up from their prior estimate of $0.79. 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 $0.98 EPS and FY2027 earnings at $1.19 EPS.

A number of other equities research analysts have also recently issued reports on CEU. TD Securities dropped 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 report on Wednesday, April 16th. ATB Capital dropped 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 report on Monday, May 5th. National Bank Financial raised shares of CES Energy Solutions from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 2nd. Royal Bank Of Canada lowered their price target on shares of CES Energy Solutions from C$11.00 to C$10.00 and set an "outperform" rating on the stock in a report on Thursday, April 17th. Finally, National Bankshares raised shares of CES Energy Solutions from a "sector perform" rating to an "outperform" rating and set a C$14.50 price target on the stock in a report on Thursday, July 3rd. Four investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Buy" and a consensus target price of C$10.54.

CES Energy Solutions Stock Up 6.0%

Shares of CEU stock opened at C$7.90 on Wednesday. The company has a debt-to-equity ratio of 57.26, a quick ratio of 1.78 and a current ratio of 2.82. The firm's 50-day moving average is C$7.07 and its 200-day moving average is C$7.09. The stock has a market cap of C$1.77 billion, a price-to-earnings ratio of 9.22, a PEG ratio of 0.61 and a beta of 2.31. CES Energy Solutions has a 52-week low of C$5.59 and a 52-week high of C$10.20.

Insider Transactions at CES Energy Solutions

In other CES Energy Solutions news, Senior Officer Anthony Michael Aulicino sold 11,119 shares of the stock in a transaction that occurred on 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 James Farnsworth Strickland sold 22,523 shares of the stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of C$6.86, for a total transaction of C$154,507.78. Over the last 90 days, insiders sold 131,220 shares of company stock worth $894,345. 3.03% of the stock is currently owned by insiders.

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.

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