Desjardins Has Positive Outlook for CVE:AEP FY2025 Earnings

Atlas Engineered Products Ltd. (CVE:AEP) – Stock analysts at Desjardins boosted their FY2025 EPS estimates for shares of Atlas Engineered Products in a note issued to investors on Tuesday, November 25th. Desjardins analyst F. Tremblay now expects that the company will earn $0.00 per share for the year, up from their prior forecast of ($0.01). 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.

Atlas Engineered Products Price Performance

CVE:AEP opened at C$0.64 on Thursday. Atlas Engineered Products has a 52-week low of C$0.61 and a 52-week high of C$1.33. The company has a market cap of C$44.96 million, a P/E ratio of -32.00 and a beta of 0.19. The company has a debt-to-equity ratio of 62.14, a quick ratio of 2.31 and a current ratio of 4.16. The stock’s 50-day simple moving average is C$0.73 and its 200 day simple moving average is C$0.80.

Atlas Engineered Products Company Profile

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.