Desjardins Analysts Decrease Earnings Estimates for CVE:AEP

Atlas Engineered Products Ltd. (CVE:AEP) – Analysts at Desjardins decreased their FY2026 earnings per share (EPS) estimates for Atlas Engineered Products in a report issued on Thursday, May 29th. Desjardins analyst F. Tremblay now expects that the company will post earnings of $0.07 per share for the year, down from their previous estimate of $0.08. Desjardins has a “Buy” rating and a $1.50 price target on the stock. The consensus estimate for Atlas Engineered Products’ current full-year earnings is $0.11 per share.

Separately, Raymond James set a C$1.50 price objective on Atlas Engineered Products and gave the company a “buy” rating in a research report on Wednesday, May 28th.

Atlas Engineered Products Stock Up 5.6%

AEP stock opened at C$0.94 on Monday. The company has a 50 day moving average of C$0.83 and a two-hundred day moving average of C$1.01. The company has a quick ratio of 2.31, a current ratio of 4.16 and a debt-to-equity ratio of 62.14. Atlas Engineered Products has a 12-month low of C$0.72 and a 12-month high of C$1.54. The company has a market cap of C$69.18 million, a price-to-earnings ratio of 36.76 and a beta of 1.13.

Atlas Engineered Products Company Profile

Atlas Engineered Products Ltd. engages in the design, manufacture, and sale of engineered roof trusses, floor trusses, and wall panels in Canada. The company offers floor joists and floor panels; and design, engineering, permitting, project management, and site assembly services. It also distributes a range of engineered wood products for builders of residential and commercial wood-framed buildings, including single-family homes, townhouses, multi-story wood-framed residential buildings, commercial buildings, and agricultural structures.