FY2025 EPS Estimates for TSE:CEU Increased by Analyst

CES Energy Solutions Corp. (TSE:CEU) – Investment analysts at Raymond James Financial upped their FY2025 earnings per share (EPS) estimates for CES Energy Solutions in a report issued on Monday, November 17th. Raymond James Financial analyst M. Barth now anticipates that the company will earn $0.84 per share for the year, up from their prior forecast of $0.82. Raymond James Financial has a “Moderate Buy” rating on the stock. The consensus estimate for CES Energy Solutions’ current full-year earnings is $0.86 per share.

Several other research firms have also commented on CEU. TD Securities upped their price target on shares of CES Energy Solutions from C$9.00 to C$11.00 in a report on Tuesday, October 14th. Royal Bank Of Canada boosted their price objective on CES Energy Solutions from C$10.00 to C$11.00 and gave the company an “outperform” rating in a report on Thursday, October 9th. Finally, Scotiabank raised their target price on CES Energy Solutions from C$9.50 to C$10.25 in a report on Friday, October 17th. Two investment analysts have rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company. According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of C$10.96.

CES Energy Solutions Stock Up 3.4%

TSE:CEU opened at C$11.60 on Thursday. The company has a debt-to-equity ratio of 57.26, a current ratio of 2.82 and a quick ratio of 1.78. The company’s fifty day moving average price is C$9.36 and its 200-day moving average price is C$7.90. CES Energy Solutions has a 1-year low of C$5.59 and a 1-year high of C$11.62. The firm has a market capitalization of C$2.47 billion, a P/E ratio of 14.68, a PEG ratio of 0.61 and a beta of 0.66.

CES Energy Solutions (TSE:CEU) last posted its quarterly earnings results on Thursday, November 13th. The company reported C$0.18 earnings per share (EPS) for the quarter. The company had revenue of C$623.22 million during the quarter. CES Energy Solutions had a net margin of 8.62% and a return on equity of 27.61%.

About CES Energy Solutions

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.