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

CES Energy Solutions Corp. (TSE:CEU) – Equities researchers at Raymond James boosted their FY2025 EPS estimates for shares of CES Energy Solutions in a research note issued to investors on Thursday, November 7th. Raymond James analyst M. Barth now forecasts that the company will post earnings of $0.96 per share for the year, up from their prior forecast 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:CEU) last released its earnings results on Wednesday, November 6th. The company reported C$0.20 earnings per share (EPS) for the quarter, beating 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 company had revenue of C$606.52 million for the quarter, compared to the consensus estimate of C$582.25 million.

A number of other research analysts also recently issued reports on CEU. Royal Bank of Canada boosted their target price on shares of CES Energy Solutions from C$10.00 to C$11.00 in a research report on Thursday, November 7th. TD Securities boosted their price target on shares of CES Energy Solutions from C$9.00 to C$9.50 in a research note on Wednesday, July 17th. ATB Capital boosted their price target on shares of CES Energy Solutions from C$8.50 to C$9.75 in a research note on Friday, August 9th. National Bankshares upped their price objective 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. Finally, Scotiabank upped their price objective on shares of CES Energy Solutions from C$9.00 to C$10.50 in a research report on Monday. One equities research 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of C$10.16.

CES Energy Solutions Stock Down 1.2 %

CES Energy Solutions 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’s fifty day moving average is C$7.77 and its 200 day moving average is C$7.40. The company has a market capitalization of C$2.12 billion, a PE ratio of 11.64, a PEG ratio of 0.61 and a beta of 2.31.

CES Energy Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date of this dividend is Tuesday, December 31st. CES Energy Solutions’s dividend payout ratio is presently 15.38%.

Insiders Place Their Bets

In other CES Energy Solutions news, Senior Officer James Farnsworth Strickland sold 54,587 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of C$9.13, for a total value of C$498,215.55. In related news, Director Michael Hallat sold 22,610 shares of the business’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of C$7.71, for a total transaction of C$174,357.02. Also, Senior Officer James Farnsworth Strickland sold 54,587 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of C$9.13, for a total value of C$498,215.55. In the last ninety days, insiders sold 455,065 shares of company stock valued at $3,426,156. 3.03% of the stock is owned by insiders.

About CES Energy Solutions

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.