CES Energy Solutions (TSE:CEU – Get Free Report) will post its quarterly earnings results before the market opens on Friday, August 9th. Analysts expect CES Energy Solutions to post earnings of C$0.25 per share for the quarter.
CES Energy Solutions (TSE:CEU – Get Free Report) last announced its quarterly earnings data on Wednesday, May 8th. The company reported C$0.23 EPS for the quarter, topping analysts’ consensus estimates of C$0.15 by C$0.08. The company had revenue of C$588.58 million during the quarter, compared to the consensus estimate of C$555.63 million. CES Energy Solutions had a net margin of 8.02% and a return on equity of 26.28%.
CES Energy Solutions Stock Up 0.4 %
Shares of CES Energy Solutions stock opened at C$7.30 on Thursday. The company has a market cap of C$1.72 billion, a P/E ratio of 10.28, a PEG ratio of 0.61 and a beta of 2.41. The company has a debt-to-equity ratio of 60.16, a quick ratio of 1.78 and a current ratio of 2.76. CES Energy Solutions has a one year low of C$2.88 and a one year high of C$8.35. The firm has a fifty day moving average of C$7.43 and a two-hundred day moving average of C$5.92.
Insider Buying and Selling at CES Energy Solutions
Wall Street Analyst Weigh In
CEU has been the subject of a number of research analyst reports. ATB Capital increased their price target on shares of CES Energy Solutions from C$8.25 to C$8.50 and gave the company an “outperform” rating in a report on Friday, June 28th. Scotiabank increased their price target on shares of CES Energy Solutions from C$5.85 to C$8.50 and gave the company an “outperform” rating in a report on Tuesday, May 14th. Raymond James increased their price target on shares of CES Energy Solutions from C$6.75 to C$8.50 in a report on Friday, May 10th. TD Securities increased their price target on shares of CES Energy Solutions from C$9.00 to C$9.50 in a report on Wednesday, July 17th. Finally, Stifel Nicolaus increased their price target on shares of CES Energy Solutions from C$7.50 to C$8.50 in a report on Thursday, May 9th. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of C$8.53.
Check Out Our Latest Stock Analysis on CES Energy Solutions
CES Energy Solutions Company Profile
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.
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