TSE:CEU FY2025 EPS Lowered by National Bank Financial

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

Other research analysts have also issued reports about the company. Royal Bank Of Canada dropped their price objective on 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. National Bankshares upgraded 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 note on Thursday. 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 research note on Wednesday, April 16th. BMO Capital Markets lowered their target price on CES Energy Solutions from C$10.00 to C$9.00 in a research note 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 research note on Monday, May 5th. Five research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of C$10.54.

CES Energy Solutions Price Performance

CES Energy Solutions stock traded down C$0.13 during mid-day trading on Friday, hitting C$6.83. 407,838 shares of the company were exchanged, compared to its average volume of 633,931. The company has a quick ratio of 1.78, a current ratio of 2.82 and a debt-to-equity ratio of 57.26. The business has a fifty day moving average of C$6.44 and a 200 day moving average of C$7.50. CES Energy Solutions has a 1-year low of C$5.59 and a 1-year high of C$10.20. The company has a market capitalization of C$1.53 billion, a PE ratio of 7.97, a price-to-earnings-growth ratio of 0.61 and a beta of 2.31.

Insider Activity

In other CES Energy Solutions news, Senior Officer Vernon James Disney sold 23,416 shares of the firm'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 firm's stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of C$6.78, for a total value of C$75,386.82. Insiders have sold a total of 72,805 shares of company stock valued at $493,618 in the last 90 days. 3.03% of the stock is owned by company 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.