Atlas Engineered Products Ltd. (CVE:AEP) Forecasted to Post FY2025 Earnings of $0.14 Per Share

Atlas Engineered Products Ltd. (CVE:AEP) – Stock analysts at Raymond James boosted their FY2025 earnings per share (EPS) estimates for Atlas Engineered Products in a research report issued to clients and investors on Tuesday, September 17th. Raymond James analyst D. Swetlishoff now forecasts that the company will earn $0.14 per share for the year, up from their prior forecast of $0.13. Raymond James currently has a “Strong-Buy” rating on the stock. The consensus estimate for Atlas Engineered Products’ current full-year earnings is $0.07 per share.

AEP has been the topic of a number of other research reports. Cormark lowered their price objective on shares of Atlas Engineered Products from C$2.20 to C$2.10 in a research report on Tuesday, August 20th. Clarus Securities upgraded Atlas Engineered Products to a “strong-buy” rating in a research note on Monday, June 3rd. Finally, Ventum Cap Mkts raised shares of Atlas Engineered Products to a “strong-buy” rating in a report on Thursday, June 27th.

Atlas Engineered Products Stock Performance

Shares of AEP opened at C$1.39 on Thursday. The company has a current ratio of 4.16, a quick ratio of 2.31 and a debt-to-equity ratio of 62.14. The company has a market cap of C$82.18 million, a price-to-earnings ratio of 19.86 and a beta of 1.13. The business’s fifty day simple moving average is C$1.32 and its two-hundred day simple moving average is C$1.41. Atlas Engineered Products has a 12 month low of C$0.93 and a 12 month high of C$1.70.

Atlas Engineered Products (CVE:AEP) last posted its quarterly earnings data on Friday, August 16th. The company reported C$0.01 earnings per share for the quarter. The company had revenue of C$15.09 million during the quarter, compared to analyst estimates of C$13.95 million. Atlas Engineered Products had a return on equity of 3.90% and a net margin of 2.90%.

Insider Buying and Selling

In related news, Director Mohammad Hadi Abassi sold 195,000 shares of Atlas Engineered Products stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of C$1.30, for a total transaction of C$253,500.00. 16.92% of the stock is currently owned by company insiders.

About Atlas Engineered Products

Atlas Engineered Products Ltd. engages in the design, manufacture, and sale of engineered roof trusses, floor trusses, and wall panels in Canada. The company offers floor joists and floor panels; and design, engineering, permitting, project management, and site assembly services. It also distributes a range of engineered wood products for builders of residential and commercial wood-framed buildings, including single-family homes, townhouses, multi-story wood-framed residential buildings, commercial buildings, and agricultural structures.