CES Energy Solutions Corp. (TSE:CEU – Free Report) – Stock analysts at National Bank Financial lifted their FY2026 earnings per share (EPS) estimates for shares of CES Energy Solutions in a research note issued to investors on Thursday, May 8th. National Bank Financial analyst D. Payne now expects that the company will post earnings per share of $0.94 for the year, up from their prior estimate of $0.93. The consensus estimate for CES Energy Solutions’ current full-year earnings is $0.86 per share.
Other analysts have also issued reports about the company. ATB Capital lowered their price objective on 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. Atb Cap Markets raised shares of CES Energy Solutions from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 7th. Royal Bank of Canada dropped their price target 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 note on Thursday, April 17th. BMO Capital Markets dropped their price target on shares of CES Energy Solutions from C$10.00 to C$9.00 in a research note on Thursday, April 17th. Finally, TD Securities cut their price target on CES Energy Solutions from C$11.00 to C$9.00 and set a “buy” rating on the stock in a research note on Wednesday, April 16th. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of C$10.11.
CES Energy Solutions Price Performance
Shares of CEU stock opened at C$6.30 on Monday. The stock has a 50-day moving average price of C$6.59 and a 200 day moving average price of C$8.20. The company has a quick ratio of 1.78, a current ratio of 2.82 and a debt-to-equity ratio of 57.26. The firm has a market cap of C$1.41 billion, a price-to-earnings ratio of 7.35, a PEG ratio of 0.61 and a beta of 2.31. CES Energy Solutions has a 12 month low of C$5.59 and a 12 month high of C$10.20.
CES Energy Solutions Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were issued a dividend of $0.0425 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.17 dividend on an annualized basis and a yield of 2.70%. This is a boost from CES Energy Solutions’s previous quarterly dividend of $0.03. CES Energy Solutions’s dividend payout ratio (DPR) is 14.01%.
Insider Activity at CES Energy Solutions
In other news, Senior Officer Kenneth Earl Zinger acquired 10,000 shares of the stock in a transaction that occurred on Friday, April 4th. The stock was acquired at an average price of C$6.06 per share, for a total transaction of C$60,600.00. Also, Senior Officer Anthony Michael Aulicino sold 50,563 shares of the firm’s stock in a transaction dated Monday, March 17th. The stock was sold at an average price of C$7.23, for a total value of C$365,570.49. Corporate insiders own 3.03% of the company’s stock.
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.
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