Cormark Has Negative Outlook of CVE:AEP FY2025 Earnings

Atlas Engineered Products Ltd. (CVE:AEP) – Research analysts at Cormark decreased their FY2025 EPS estimates for shares of Atlas Engineered Products in a research note issued on Monday, April 28th. Cormark analyst D. Ocampo now anticipates that the company will post earnings per share of ($0.02) for the year, down from their prior estimate of $0.04. The consensus estimate for Atlas Engineered Products’ current full-year earnings is $0.11 per share. Cormark also issued estimates for Atlas Engineered Products’ FY2026 earnings at $0.02 EPS.

Several other equities research analysts have also weighed in on AEP. Desjardins set a C$1.50 target price on Atlas Engineered Products and gave the stock a “buy” rating in a research report on Wednesday, April 16th. Raymond James cut shares of Atlas Engineered Products from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, March 31st.

Atlas Engineered Products Stock Down 1.2 %

Shares of Atlas Engineered Products stock opened at C$0.81 on Wednesday. Atlas Engineered Products has a twelve month low of C$0.81 and a twelve month high of C$1.56. The stock has a market capitalization of C$59.61 million, a price-to-earnings ratio of 31.67 and a beta of 1.13. 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 business’s 50 day simple moving average is C$0.89 and its 200-day simple moving average is C$1.09.

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.