FY2026 EPS Forecast for CES Energy Solutions Cut by Analyst

CES Energy Solutions Corp. (TSE:CEU) – Scotiabank reduced their FY2026 earnings estimates for shares of CES Energy Solutions in a note issued to investors on Wednesday, August 19th. Scotiabank analyst J. Goldman now forecasts that the company will earn $1.03 per share for the year, down from their prior forecast of $1.08. The consensus estimate for CES Energy Solutions’ current full-year earnings is $0.86 per share. Scotiabank also issued estimates for CES Energy Solutions’ FY2027 earnings at $1.24 EPS.

Several other research firms also recently commented on CEU. Scotia boosted their price objective on CES Energy Solutions from C$21.00 to C$22.00 and gave the company a “sector outperform” rating in a report on Monday, August 10th. BMO Capital Markets upgraded CES Energy Solutions from a “market perform” rating to an “outperform” rating and increased their target price for the stock from C$21.00 to C$22.00 in a report on Wednesday, June 24th. National Bank Financial raised shares of CES Energy Solutions from a “hold” rating to an “outperform” rating and set a C$20.00 price target for the company in a research report on Friday, August 7th. Raymond James Financial lifted their price target on shares of CES Energy Solutions from C$23.00 to C$25.00 and gave the company an “outperform” rating in a research report on Monday, August 10th. Finally, TD lowered their price objective on shares of CES Energy Solutions from C$19.00 to C$18.00 and set a “hold” rating on the stock in a report on Monday, July 13th. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$19.72.

CES Energy Solutions Stock Down 2.5%

CEU stock opened at C$18.68 on Monday. The stock’s 50 day simple moving average is C$17.00 and its 200 day simple moving average is C$17.37. The company has a market cap of C$3.92 billion, a P/E ratio of 20.30, a price-to-earnings-growth ratio of 0.61 and a beta of 0.50. The company has a debt-to-equity ratio of 55.36, a quick ratio of 1.78 and a current ratio of 2.70. CES Energy Solutions has a fifty-two week low of C$8.09 and a fifty-two week high of C$19.64.

Insider Transactions at CES Energy Solutions

In related news, insider Matthew Stephen Bell sold 26,840 shares of the company’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of C$16.04, for a total transaction of C$430,513.60. Following the completion of the sale, the insider owned 17,000 shares in the company, valued at approximately C$272,680. This represents a 61.22% decrease in their ownership of the stock. Also, insider James Farnsworth Strickland sold 4,044 shares of the company’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of C$16.04, for a total value of C$64,865.76. Following the sale, the insider owned 38,231 shares of the company’s stock, valued at C$613,225.24. This trade represents a 9.57% decrease in their position. Over the last quarter, insiders sold 71,883 shares of company stock valued at $1,153,003. Corporate insiders own 3.03% of the company’s stock.

About CES Energy Solutions

CES is a leading provider of technically advanced consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and finally through to the pipeline and midstream market. CES’ business model is relatively asset light and requires limited re-investment capital to grow. As a result, CES has been able to capitalize on the growing market demand for drilling fluids and production and specialty chemicals in North America while generating free cash flow.