Desjardins Has Bearish Forecast for CVE:AEP FY2025 Earnings

Atlas Engineered Products Ltd. (CVE:AEP) – Research analysts at Desjardins dropped their FY2025 EPS estimates for shares of Atlas Engineered Products in a report issued on Monday, September 1st. Desjardins analyst F. Tremblay now expects that the company will post earnings per share of ($0.01) for the year, down from their prior estimate of $0.04. Desjardins currently has a “Buy” rating and a $1.35 target price on the stock. The consensus estimate for Atlas Engineered Products’ current full-year earnings is $0.11 per share. Desjardins also issued estimates for Atlas Engineered Products’ FY2026 earnings at $0.06 EPS.

Separately, Raymond James Financial set a C$1.50 price target on shares of Atlas Engineered Products and gave the company a “buy” rating in a research report on Wednesday, May 28th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of C$1.53.

Atlas Engineered Products Price Performance

AEP stock opened at C$0.73 on Thursday. The firm has a 50 day moving average of C$0.83 and a 200-day moving average of C$0.86. Atlas Engineered Products has a 12-month low of C$0.67 and a 12-month high of C$1.50. 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 company has a market cap of C$51.33 million, a price-to-earnings ratio of 73.00 and a beta of 0.34.

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.