TSE:CEU FY2025 EPS Reduced by National Bank Financial

CES Energy Solutions Corp. (TSE:CEU) – Equities researchers at National Bank Financial lowered their FY2025 earnings estimates for CES Energy Solutions in a research note issued to investors on Wednesday, July 2nd. National Bank Financial analyst D. Payne now anticipates that the company will earn $0.81 per share for the year, down from their previous forecast of $0.84. National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for CES Energy Solutions’ current full-year earnings is $0.86 per share.

Other research analysts also recently issued reports about the company. National Bankshares upgraded CES Energy Solutions from a “sector perform” rating to an “outperform” rating and set a C$14.50 price objective for the company in a report on Thursday. BMO Capital Markets dropped their target price on shares of CES Energy Solutions from C$10.00 to C$9.00 in a report on Thursday, April 17th. Atb Cap Markets raised shares of CES Energy Solutions from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 7th. ATB Capital decreased their target price on CES Energy Solutions from C$11.00 to C$10.00 and set an “outperform” rating on the stock in a research report on Monday, May 5th. Finally, TD Securities lowered their price target on shares of CES Energy Solutions from C$11.00 to C$9.00 and set a “buy” rating on the stock in a research report on Wednesday, April 16th. Five analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of C$10.54.

CES Energy Solutions Stock Up 4.3%

Shares of TSE:CEU opened at C$7.05 on Friday. CES Energy Solutions has a 52 week low of C$5.59 and a 52 week high of C$10.20. The company has a market capitalization of C$1.58 billion, a PE ratio of 8.23, a PEG ratio of 0.61 and a beta of 2.31. The company has a debt-to-equity ratio of 57.26, a quick ratio of 1.78 and a current ratio of 2.82. The company has a 50 day moving average price of C$6.43 and a two-hundred day moving average price of C$7.54.

Insider Activity at CES Energy Solutions

In related news, Senior Officer Kenneth Earl Zinger sold 31,222 shares of the stock in a transaction on Wednesday, July 2nd. The stock was sold at an average price of C$6.78, for a total transaction of C$211,685.16. Also, Senior Officer Anthony Michael Aulicino sold 11,119 shares of CES Energy Solutions stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of C$6.78, for a total transaction of C$75,386.82. In the last ninety days, insiders have sold 72,805 shares of company stock valued at $493,618. 3.03% of the stock is owned by insiders.

CES Energy Solutions Company Profile

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.