CES Energy Solutions Corp. (TSE:CEU – Free Report) – National Bank Financial increased their FY2026 earnings per share estimates for shares of CES Energy Solutions in a note issued to investors on Thursday, May 8th. National Bank Financial analyst D. Payne now anticipates that the company will earn $0.94 per share 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.
A number of other brokerages have also weighed in on CEU. Royal Bank of Canada reduced their price target on CES Energy Solutions from C$11.00 to C$10.00 and set an “outperform” rating on the stock in a research note on Thursday, April 17th. Atb Cap Markets raised CES Energy Solutions from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 7th. TD Securities reduced 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. ATB Capital reduced their price target on CES Energy Solutions from C$11.00 to C$10.00 and set an “outperform” rating on the stock in a research note on Monday, May 5th. Finally, BMO Capital Markets reduced their price target on CES Energy Solutions from C$10.00 to C$9.00 in a research note on Thursday, April 17th. One research analyst has rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of C$10.11.
CES Energy Solutions Trading Down 2.4%
Shares of CES Energy Solutions stock opened at C$6.00 on Monday. CES Energy Solutions has a fifty-two week low of C$5.59 and a fifty-two week high of C$10.20. The firm has a market cap of C$1.34 billion, a PE ratio of 7.00, a P/E/G ratio of 0.61 and a beta of 2.31. The business’s fifty day moving average is C$6.63 and its two-hundred day moving average is C$8.22. The company has a quick ratio of 1.78, a current ratio of 2.82 and a debt-to-equity ratio of 57.26.
Insider Transactions at CES Energy Solutions
In related news, Senior Officer Anthony Michael Aulicino sold 50,563 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of C$7.23, for a total value of C$365,570.49. Also, Senior Officer Kenneth Earl Zinger purchased 5,000 shares of the stock in a transaction that occurred on Monday, April 7th. The stock was bought at an average price of C$6.00 per share, with a total value of C$30,000.00. Insiders own 3.03% of the company’s stock.
CES Energy Solutions Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were issued a dividend of $0.0425 per share. This represents a $0.17 dividend on an annualized basis and a dividend yield of 2.83%. This is an increase from CES Energy Solutions’s previous quarterly dividend of $0.03. The ex-dividend date was Monday, March 31st. CES Energy Solutions’s dividend payout ratio is presently 14.01%.
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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