National Bank Financial Weighs in on TSE:CEU FY2025 Earnings

CES Energy Solutions Corp. (TSE:CEU) – National Bank Financial decreased their FY2025 earnings per share estimates for CES Energy Solutions in a report released on Wednesday, November 6th. National Bank Financial analyst D. Payne now forecasts that the company will post earnings per share of $0.84 for the year, down from their previous estimate of $0.86. The consensus estimate for CES Energy Solutions’ current full-year earnings is $0.86 per share.

A number of other equities analysts have also commented on CEU. Royal Bank of Canada lifted their price objective on CES Energy Solutions from C$10.00 to C$11.00 in a research note on Thursday. ATB Capital boosted their price target on shares of CES Energy Solutions from C$8.50 to C$9.75 in a research report on Friday, August 9th. BMO Capital Markets increased their price objective on shares of CES Energy Solutions from C$10.00 to C$12.00 in a research report on Friday, August 9th. Scotiabank lifted their target price on shares of CES Energy Solutions from C$8.50 to C$9.00 and gave the stock an “outperform” rating in a research note on Monday, August 12th. Finally, TD Securities increased their price target on CES Energy Solutions from C$9.00 to C$9.50 in a report on Wednesday, July 17th. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$9.97.

CES Energy Solutions Stock Down 3.4 %

Shares of TSE:CEU opened at C$9.02 on Monday. The business has a fifty day simple moving average of C$7.73 and a 200 day simple moving average of C$7.35. CES Energy Solutions has a 12-month low of C$3.28 and a 12-month high of C$9.43. The firm has a market cap of C$2.11 billion, a P/E ratio of 11.56, a P/E/G ratio of 0.61 and a beta of 2.31. The company has a quick ratio of 1.78, a current ratio of 3.18 and a debt-to-equity ratio of 51.40.

CES Energy Solutions (TSE:CEU) last released its quarterly earnings results on Wednesday, November 6th. The company reported C$0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.14 by C$0.06. CES Energy Solutions had a net margin of 8.53% and a return on equity of 27.17%. The firm had revenue of C$606.52 million during the quarter, compared to the consensus estimate of C$582.25 million.

CES Energy Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.03 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.12 annualized dividend and a dividend yield of 1.33%. CES Energy Solutions’s dividend payout ratio is presently 15.38%.

Insider Activity at CES Energy Solutions

In other CES Energy Solutions news, Director John Michael Hooks sold 300,000 shares of the stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of C$7.23, for a total value of C$2,167,680.00. In other CES Energy Solutions news, Director John Michael Hooks sold 300,000 shares of the company’s stock in a transaction on Thursday, September 26th. The shares were sold at an average price of C$7.23, for a total transaction of C$2,167,680.00. Also, Director Michael Hallat sold 22,610 shares of CES Energy Solutions stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of C$7.71, for a total transaction of C$174,357.02. Insiders sold 400,478 shares of company stock valued at $2,927,940 in the last three months. Corporate insiders own 3.03% of the company’s stock.

About CES Energy Solutions

CES Energy Solutions Corp., together with its subsidiaries, engages in design, implement, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada. The company provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets.