National Bank Financial Weighs in on TSE:CEU FY2025 Earnings

CES Energy Solutions Corp. (TSE:CEU - Free Report) - Equities research analysts at National Bank Financial decreased their FY2025 earnings estimates for CES Energy Solutions in a research note issued on Wednesday, July 2nd. National Bank Financial analyst D. Payne now forecasts that the company will post earnings per share of $0.81 for the year, down from their previous estimate of $0.84. National Bank Financial currently has a "Strong-Buy" rating on the stock. The consensus estimate for CES Energy Solutions' current full-year earnings is $0.86 per share.

Several other analysts also recently weighed in on the stock. 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 for the company in a research note on Thursday, April 17th. ATB Capital decreased their price objective on 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 Bankshares upgraded CES Energy Solutions from a "sector perform" rating to an "outperform" rating and set a C$14.50 target price for the company in a report on Thursday. TD Securities reduced their price target on CES Energy Solutions from C$11.00 to C$9.00 and set a "buy" rating on the stock in a research report on Wednesday, April 16th. Finally, Atb Cap Markets raised CES Energy Solutions from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 7th. Five research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of C$10.54.

CES Energy Solutions Trading Down 1.3%

Shares of CES Energy Solutions stock traded down C$0.09 during 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 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's 50-day moving average is C$6.44 and its two-hundred day moving average is C$7.53. The company has a market cap of C$1.56 billion, a price-to-earnings ratio of 8.12, a PEG ratio of 0.61 and a beta of 2.31.

Insider Activity

In related news, Senior Officer Vernon James Disney sold 23,416 shares of the business's stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of C$6.78, for a total transaction of C$158,760.48. Also, Senior Officer Anthony Michael Aulicino sold 11,119 shares of the company's 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 value of C$75,386.82. Over the last ninety days, insiders sold 72,805 shares of company stock valued at $493,618. 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.