Anthony Michael Aulicino Sells 20,000 Shares of CES Energy Solutions Corp. (TSE:CEU) Stock

CES Energy Solutions Corp. (TSE:CEU) Senior Officer Anthony Michael Aulicino sold 20,000 shares of CES Energy Solutions stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of C$9.85, for a total transaction of C$197,000.00.

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

• On Monday, November 18th, Anthony Michael Aulicino sold 17,667 shares of CES Energy Solutions stock. The stock was sold at an average price of C$8.99, for a total transaction of C$158,826.33.

CES Energy Solutions Stock Performance

CES Energy Solutions stock opened at C$9.79 on Friday. The company has a market cap of C$2.29 billion, a price-to-earnings ratio of 12.55, a price-to-earnings-growth ratio of 0.61 and a beta of 2.31. CES Energy Solutions Corp. has a 12 month low of C$3.28 and a 12 month high of C$9.99. The company has a debt-to-equity ratio of 51.40, a current ratio of 3.18 and a quick ratio of 1.78. The stock’s 50-day moving average is C$8.46 and its 200-day moving average is C$7.80.

CES Energy Solutions (TSE:CEU) last posted its earnings results on Wednesday, November 6th. The company reported C$0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.14 by C$0.06. 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 had a net margin of 8.53% and a return on equity of 27.17%. Equities analysts anticipate that CES Energy Solutions Corp. will post 0.8600646 earnings per share for the current year.

CES Energy Solutions Announces Dividend

The firm 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. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date is Tuesday, December 31st. CES Energy Solutions’s dividend payout ratio is presently 15.38%.

Wall Street Analysts Forecast Growth

CEU has been the subject of several analyst reports. Scotiabank boosted their price target on CES Energy Solutions from C$9.00 to C$10.50 in a report on Monday, November 11th. Royal Bank of Canada upped their target price on CES Energy Solutions from C$10.00 to C$11.00 in a research note on Thursday, November 7th. BMO Capital Markets raised their price target on CES Energy Solutions from C$10.00 to C$12.00 in a research note on Friday, August 9th. ATB Capital lifted their price target on CES Energy Solutions from C$8.50 to C$9.75 in a report on Friday, August 9th. Finally, Raymond James increased their price objective on shares of CES Energy Solutions from C$10.50 to C$10.75 in a report on Tuesday, October 15th. One investment analyst has rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of C$10.16.

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.