Raymond James Issues Optimistic Outlook for TSE:CEU Earnings

CES Energy Solutions Corp. (TSE:CEU) – Stock analysts at Raymond James lifted their FY2025 earnings per share estimates for shares of CES Energy Solutions in a research report issued to clients and investors on Thursday, November 7th. Raymond James analyst M. Barth now expects that the company will post earnings of $0.96 per share for the year, up from their previous estimate of $0.90. The consensus estimate for CES Energy Solutions’ current full-year earnings is $0.86 per share. Raymond James also issued estimates for CES Energy Solutions’ FY2026 earnings at $1.10 EPS.

Several other research analysts also recently issued reports on the company. National Bankshares upped their price objective on CES Energy Solutions from C$7.00 to C$9.25 and gave the stock a “sector perform” rating in a report on Monday, July 29th. Scotiabank upped their price target on CES Energy Solutions from C$9.00 to C$10.50 in a research note on Monday. ATB Capital boosted their price target on shares of CES Energy Solutions from C$8.50 to C$9.75 in a research note on Friday, August 9th. Royal Bank of Canada upped their price objective on CES Energy Solutions from C$10.00 to C$11.00 in a report on Thursday, November 7th. Finally, TD Securities increased their target price on shares of CES Energy Solutions from C$9.00 to C$9.50 in a report on Wednesday, July 17th. One research analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of C$10.16.

CES Energy Solutions Price Performance

Shares of CEU stock opened at C$9.19 on Monday. CES Energy Solutions has a 1 year low of C$3.28 and a 1 year high of C$9.43. The company has a current ratio of 3.18, a quick ratio of 1.78 and a debt-to-equity ratio of 51.40. The firm’s 50 day moving average is C$7.75 and its 200-day moving average is C$7.38. The firm has a market capitalization of C$2.15 billion, a price-to-earnings ratio of 11.78, a PEG ratio of 0.61 and a beta of 2.31.

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

Insider Activity at CES Energy Solutions

In related news, Director John Michael Hooks sold 4,382 shares of CES Energy Solutions stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of C$7.52, for a total value of C$32,952.64. In other news, Director Michael Hallat sold 22,610 shares of the business’s 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. Also, Director John Michael Hooks sold 4,382 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of C$7.52, for a total value of C$32,952.64. Insiders sold a total of 400,478 shares of company stock worth $2,927,940 in the last quarter. 3.03% of the stock is owned by insiders.

CES Energy Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.03 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.12 dividend on an annualized basis and a yield of 1.31%. CES Energy Solutions’s payout ratio is presently 15.38%.

CES Energy Solutions Company Profile

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.