Research Analysts Issue Forecasts for CES Energy Solutions Corp’s Q1 2019 Earnings (CEU)

Share on StockTwits

CES Energy Solutions Corp (TSE:CEU) – Stock analysts at National Bank Financial issued their Q1 2019 earnings per share estimates for CES Energy Solutions in a note issued to investors on Tuesday, March 12th. National Bank Financial analyst G. Colman expects that the company will earn $0.02 per share for the quarter. National Bank Financial has a “Outperform” rating and a $5.00 price objective on the stock. National Bank Financial also issued estimates for CES Energy Solutions’ Q2 2019 earnings at $0.00 EPS, Q3 2019 earnings at $0.03 EPS, Q4 2019 earnings at $0.03 EPS and FY2019 earnings at $0.08 EPS.

Other equities analysts have also issued research reports about the stock. Alliance Global Partners decreased their price target on shares of CES Energy Solutions from C$7.00 to C$5.00 in a report on Thursday. Cormark decreased their price target on shares of CES Energy Solutions from C$6.50 to C$4.50 in a report on Thursday. GMP Securities decreased their price target on shares of CES Energy Solutions from C$3.50 to C$3.00 in a report on Thursday. Canaccord Genuity decreased their price target on shares of CES Energy Solutions from C$5.50 to C$4.75 in a report on Thursday, November 22nd. Finally, Clarus Securities reissued a “buy” rating on shares of CES Energy Solutions in a report on Wednesday. Six research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of C$5.88.

Shares of TSE:CEU opened at C$2.83 on Friday. The firm has a market capitalization of $773.73 million and a PE ratio of 21.77. CES Energy Solutions has a one year low of C$2.80 and a one year high of C$6.73. The company has a debt-to-equity ratio of 72.49, a quick ratio of 1.91 and a current ratio of 3.43.

In related news, insider John Michael Hooks sold 20,000 shares of the stock in a transaction on Wednesday, December 19th. The shares were sold at an average price of C$3.26, for a total transaction of C$65,214.00. Following the transaction, the insider now owns 1,512,171 shares of the company’s stock, valued at approximately C$4,930,735.98.

The firm also recently announced a monthly dividend, which was paid on Friday, February 15th. Investors of record on Friday, February 15th were issued a dividend of $0.005 per share. This represents a $0.06 annualized dividend and a dividend yield of 2.12%. The ex-dividend date was Wednesday, January 30th. CES Energy Solutions’s dividend payout ratio is currently 36.54%.

About CES Energy Solutions

CES Energy Solutions Corp., together with its subsidiaries, provides consumable chemical solutions throughout the life-cycle of the oilfield. The company provides solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and through to the pipeline and midstream market.

Featured Article: What are the most popular ETFs

Receive News & Ratings for CES Energy Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CES Energy Solutions and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

HMS Holdings Corp  Stake Increased by Rhumbline Advisers
HMS Holdings Corp Stake Increased by Rhumbline Advisers
Myriad Genetics, Inc.  Stake Lessened by Rhumbline Advisers
Myriad Genetics, Inc. Stake Lessened by Rhumbline Advisers
Zoom Video Communications  Stock Rating Reaffirmed by Summit Insights
Zoom Video Communications Stock Rating Reaffirmed by Summit Insights
Lanxess  Given a €63.00 Price Target by Goldman Sachs Group Analysts
Lanxess Given a €63.00 Price Target by Goldman Sachs Group Analysts
SounDAC  Reaches One Day Trading Volume of $2,092.00
SounDAC Reaches One Day Trading Volume of $2,092.00
Toronto-Dominion Bank  Announces Quarterly  Earnings Results, Beats Expectations By $0.50 EPS
Toronto-Dominion Bank Announces Quarterly Earnings Results, Beats Expectations By $0.50 EPS


© 2006-2019 Ticker Report