TSE:CEU FY2025 EPS Reduced by Raymond James Financial

CES Energy Solutions Corp. (TSE:CEU) – Equities research analysts at Raymond James Financial dropped their FY2025 EPS estimates for shares of CES Energy Solutions in a note issued to investors on Thursday, July 3rd. Raymond James Financial analyst M. Barth now forecasts that the company will post earnings of $0.79 per share for the year, down from their previous estimate of $0.83. The consensus estimate for CES Energy Solutions’ current full-year earnings is $0.86 per share. Raymond James Financial also issued estimates for CES Energy Solutions’ FY2026 earnings at $0.97 EPS and FY2027 earnings at $1.16 EPS.

Several other equities analysts have also recently commented on CEU. Royal Bank Of Canada dropped their target price on shares of CES Energy Solutions from C$11.00 to C$10.00 and set an “outperform” rating for the company in a research report on Thursday, April 17th. ATB Capital dropped their target price on shares of CES Energy Solutions from C$11.00 to C$10.00 and set an “outperform” rating for the company in a research report on Monday, May 5th. BMO Capital Markets dropped their target price on shares of CES Energy Solutions from C$10.00 to C$9.00 in a research report on Thursday, April 17th. Atb Cap Markets raised shares of CES Energy Solutions from a “hold” rating to a “strong-buy” rating in a report on Friday, March 7th. Finally, National Bankshares upgraded shares of CES Energy Solutions from a “sector perform” rating to an “outperform” rating and set a C$14.50 price objective for the company in a research report on Thursday. Five equities research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, CES Energy Solutions presently has an average rating of “Buy” and a consensus price target of C$10.54.

CES Energy Solutions Price Performance

Shares of TSE:CEU opened at C$6.96 on Friday. The firm has a 50 day moving average of C$6.44 and a 200-day moving average of C$7.53. The stock has a market capitalization of C$1.56 billion, a PE ratio of 8.12, a PEG ratio of 0.61 and a beta of 2.31. The company has a current ratio of 2.82, a quick ratio of 1.78 and a debt-to-equity ratio of 57.26. CES Energy Solutions has a 12 month low of C$5.59 and a 12 month high of C$10.20.

Insider Buying and Selling

In related news, Senior Officer Kenneth Earl Zinger sold 31,222 shares of the company’s stock in a transaction that occurred on Wednesday, July 2nd. The shares were sold at an average price of C$6.78, for a total transaction of C$211,685.16. Also, Senior Officer Anthony Michael Aulicino sold 11,119 shares of the company’s stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of C$6.78, for a total transaction of C$75,386.82. Insiders sold a total of 72,805 shares of company stock worth $493,618 in the last three months. 3.03% of the stock is owned by corporate insiders.

CES Energy Solutions Company Profile

CES Energy Solutions Corp provides consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack, and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.