CES Energy Solutions Corp. (TSE:CEU) Senior Officer Anthony Michael Aulicino Sells 54,789 Shares

CES Energy Solutions Corp. (TSE:CEU) Senior Officer Anthony Michael Aulicino sold 54,789 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of C$10.00, for a total value of C$547,890.00.

Anthony Michael Aulicino also recently made the following trade(s):

• On Tuesday, December 3rd, Anthony Michael Aulicino sold 20,000 shares of CES Energy Solutions stock. The stock was sold at an average price of C$9.85, for a total transaction of C$197,000.00.
• On Monday, November 18th, Anthony Michael Aulicino sold 17,667 shares of CES Energy Solutions stock. The shares were sold at an average price of C$8.99, for a total transaction of C$158,826.33.

CES Energy Solutions Stock Performance

TSE:CEU opened at C$10.00 on Friday. The company has a market cap of C$2.34 billion, a P/E ratio of 12.82, a price-to-earnings-growth ratio of 0.61 and a beta of 2.31. CES Energy Solutions Corp. has a twelve month low of C$3.43 and a twelve month high of C$10.14. The business has a 50 day moving average price of C$9.28 and a two-hundred day moving average price of C$8.20. 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 announced its earnings results on Wednesday, November 6th. The company reported C$0.20 EPS for the quarter, topping 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 business had revenue of C$606.52 million during the quarter, compared to analysts’ expectations of C$582.25 million. As a group, analysts expect that CES Energy Solutions Corp. will post 0.8600646 EPS for the current fiscal year.

CES Energy Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th will be issued a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 1.20%. The ex-dividend date is Tuesday, December 31st. CES Energy Solutions’s payout ratio is 15.38%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on CEU shares. ATB Capital lifted their target price on CES Energy Solutions from C$10.00 to C$11.00 in a report on Tuesday, December 10th. Atb Cap Markets cut CES Energy Solutions from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 10th. Scotiabank increased their target price on CES Energy Solutions from C$9.00 to C$10.50 in a research note on Monday, November 11th. National Bankshares lifted their price target on shares of CES Energy Solutions from C$10.00 to C$11.50 and gave the company a “sector perform” rating in a research note on Thursday, December 19th. Finally, Raymond James upped their price target on shares of CES Energy Solutions from C$10.50 to C$10.75 in a report on Tuesday, October 15th. Two research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, CES Energy Solutions presently has a consensus rating of “Moderate Buy” and an average target price of C$10.59.

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.