TSE:CEU FY2025 EPS Reduced by Raymond James Financial

Key Points

• Raymond James Financial has cut its FY2025 earnings per share (EPS) estimate for CES Energy Solutions Corp. to $0.82, slightly down from $0.83, while the current consensus estimate remains at $0.86.
• The stock has received a range of ratings, including a recent upgrade to "strong-buy" from National Bank Financial, with an average target price of C$10.54.
• CES Energy Solutions opened at C$9.38, with a market capitalization of C$2.05 billion and a P/E ratio of 11.73, indicating a favorable valuation relative to its earnings potential.

CES Energy Solutions Corp. (TSE:CEU - Free Report) - Research analysts at Raymond James Financial cut their FY2025 EPS estimates for shares of CES Energy Solutions in a note issued to investors on Monday, October 6th. Raymond James Financial analyst M. Barth now anticipates that the company will earn $0.82 per share for the year, down from their previous forecast of $0.83. The consensus estimate for CES Energy Solutions' current full-year earnings is $0.86 per share.

A number of other brokerages have also commented on CEU. National Bank Financial raised CES Energy Solutions from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 2nd. National Bankshares raised shares of 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 research report on Thursday, July 3rd. Two investment analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of C$10.54.

CES Energy Solutions Trading Down 1.2%

TSE CEU opened at C$9.38 on Wednesday. CES Energy Solutions has a fifty-two week low of C$5.59 and a fifty-two week high of C$10.20. 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 stock has a 50 day simple moving average of C$8.34 and a two-hundred day simple moving average of C$7.23. The stock has a market cap of C$2.05 billion, a P/E ratio of 11.73, a price-to-earnings-growth ratio of 0.61 and a beta of 0.88.

About CES Energy Solutions

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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