What is Raymond James’ Forecast for TSE:CEU FY2025 Earnings?

CES Energy Solutions Corp. (TSE:CEUFree Report) – Raymond James raised their FY2025 EPS estimates for CES Energy Solutions in a report issued on Thursday, November 7th. Raymond James analyst M. Barth now expects that the company will post earnings per share of $0.96 for the year, up from their prior estimate of $0.90. The consensus estimate for CES Energy Solutions’ current full-year earnings is $0.86 per share. Raymond James also issued estimates for CES Energy Solutions’ FY2026 earnings at $1.10 EPS.

CES Energy Solutions (TSE:CEUGet Free Report) last released its quarterly earnings results on Wednesday, November 6th. The company reported C$0.20 EPS for the quarter, topping analysts’ consensus estimates of C$0.14 by C$0.06. CES Energy Solutions had a net margin of 8.53% and a return on equity of 27.17%. The business had revenue of C$606.52 million for the quarter, compared to analyst estimates of C$582.25 million.

Other equities analysts have also issued reports about the stock. BMO Capital Markets raised their target price on shares of CES Energy Solutions from C$10.00 to C$12.00 in a report on Friday, August 9th. ATB Capital raised their target price on shares of CES Energy Solutions from C$8.50 to C$9.75 in a report on Friday, August 9th. National Bankshares raised their target price on shares of CES Energy Solutions from C$7.00 to C$9.25 and gave the company a “sector perform” rating in a report on Monday, July 29th. Royal Bank of Canada raised their target price on shares of CES Energy Solutions from C$10.00 to C$11.00 in a report on Thursday, November 7th. Finally, TD Securities lifted their price target on shares of CES Energy Solutions from C$9.00 to C$9.50 in a report on Wednesday, July 17th. One analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of C$10.16.

View Our Latest Stock Analysis on CES Energy Solutions

CES Energy Solutions Price Performance

CEU stock opened at C$9.08 on Monday. The company has a quick ratio of 1.78, a current ratio of 3.18 and a debt-to-equity ratio of 51.40. CES Energy Solutions has a 12 month low of C$3.28 and a 12 month high of C$9.43. The firm has a market cap of C$2.12 billion, a P/E ratio of 11.64, a P/E/G ratio of 0.61 and a beta of 2.31. The company’s 50-day moving average price is C$7.77 and its two-hundred day moving average price is C$7.40.

Insider Buying and Selling

In related news, Senior Officer James Farnsworth Strickland sold 54,587 shares of CES Energy Solutions stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of C$9.13, for a total transaction of C$498,215.55. In related news, Senior Officer James Farnsworth Strickland sold 54,587 shares of CES Energy Solutions stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of C$9.13, for a total transaction of C$498,215.55. Also, Director John Michael Hooks sold 300,000 shares of CES Energy Solutions stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of C$7.23, for a total transaction of C$2,167,680.00. Insiders have sold a total of 455,065 shares of company stock worth $3,426,156 in the last ninety days. Company insiders own 3.03% of the company’s stock.

CES Energy Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.12 annualized dividend and a yield of 1.32%. CES Energy Solutions’s dividend payout ratio is presently 15.38%.

About CES Energy Solutions

(Get Free Report)

CES Energy Solutions Corp., together with its subsidiaries, engages in design, implement, and manufacture of advanced consumable fluids and specialty chemicals in the United States and Canada. The company provides solutions for drill-bit, point of completion and stimulation, wellhead and pump-jack, and pipeline and midstream markets.

Further Reading

Earnings History and Estimates for CES Energy Solutions (TSE:CEU)

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