CES Energy Solutions Corp. (TSE:CEU - Get Free Report) Senior Officer Anthony Michael Aulicino sold 17,667 shares of CES Energy Solutions stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of C$8.99, for a total transaction of C$158,826.33.
CES Energy Solutions Stock Performance
Shares of CEU opened at C$9.53 on Thursday. CES Energy Solutions Corp. has a 52-week low of C$3.28 and a 52-week high of C$9.54. The company has a quick ratio of 1.78, a current ratio of 3.18 and a debt-to-equity ratio of 51.40. The firm has a market cap of C$2.23 billion, a price-to-earnings ratio of 12.22, a PEG ratio of 0.61 and a beta of 2.31. The business's 50 day moving average is C$7.96 and its two-hundred day moving average is C$7.55.
CES Energy Solutions (TSE:CEU - Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The company reported C$0.20 EPS for the quarter, beating analysts' consensus estimates of C$0.14 by C$0.06. The firm had revenue of C$606.52 million for the quarter, compared to the consensus estimate of C$582.25 million. CES Energy Solutions had a net margin of 8.53% and a return on equity of 27.17%. Analysts forecast that CES Energy Solutions Corp. will post 0.8600646 EPS for the current fiscal year.
CES Energy Solutions Announces Dividend
I was wrong. Dead wrong.
From Porter & Company | Ad
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was.
Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
Here’s the full story for you.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend is Tuesday, December 31st. CES Energy Solutions's payout ratio is currently 15.38%.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on CEU shares. 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 research note on Monday, July 29th. ATB Capital boosted their price objective on CES Energy Solutions from C$8.50 to C$9.75 in a research note on Friday, August 9th. Raymond James increased their target price on CES Energy Solutions from C$10.50 to C$10.75 in a research note on Tuesday, October 15th. Scotiabank boosted their price target on CES Energy Solutions from C$9.00 to C$10.50 in a research report on Monday, November 11th. Finally, Royal Bank of Canada upped their price target on CES Energy Solutions from C$10.00 to C$11.00 in a report on Thursday, November 7th. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of C$10.16.
Check Out Our Latest Stock Report on CEU
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
