Research Analysts Issue Forecasts for TSE:CU FY2025 Earnings

Canadian Utilities Limited (TSE:CU) – Analysts at Scotiabank lowered their FY2025 earnings per share estimates for Canadian Utilities in a research report issued to clients and investors on Friday, January 23rd. Scotiabank analyst R. Hope now expects that the company will earn $2.42 per share for the year, down from their prior estimate of $2.45. The consensus estimate for Canadian Utilities’ current full-year earnings is $2.41 per share.

Canadian Utilities (TSE:CU) last issued its quarterly earnings results on Friday, November 7th. The company reported C$0.40 earnings per share (EPS) for the quarter. Canadian Utilities had a return on equity of 7.21% and a net margin of 13.41%.The firm had revenue of C$792.00 million during the quarter.

A number of other equities analysts also recently issued reports on the company. TD Securities increased their price target on Canadian Utilities from C$40.00 to C$41.00 and gave the stock a “hold” rating in a research report on Tuesday, November 11th. National Bankshares increased their target price on Canadian Utilities from C$40.00 to C$43.00 and gave the company a “sector perform” rating in a research report on Wednesday, December 17th. BMO Capital Markets lifted their price target on shares of Canadian Utilities from C$42.00 to C$44.00 in a research note on Monday, November 10th. Finally, CIBC upped their price objective on shares of Canadian Utilities from C$44.00 to C$45.00 in a research report on Wednesday, January 21st. Four investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Canadian Utilities has a consensus rating of “Hold” and an average price target of C$42.83.

Canadian Utilities Stock Performance

CU stock opened at C$43.81 on Monday. Canadian Utilities has a twelve month low of C$33.19 and a twelve month high of C$44.54. The company has a quick ratio of 1.30, a current ratio of 1.63 and a debt-to-equity ratio of 158.34. The firm has a market cap of C$11.91 billion, a price-to-earnings ratio of 22.35, a PEG ratio of 2.38 and a beta of 0.55. The business’s fifty day simple moving average is C$42.43 and its two-hundred day simple moving average is C$40.11.

About Canadian Utilities

Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company’s main divisions include electricity (generation, transmission, and distribution), pipelines & liquid (natural gas and water), and Retail Energy. Headquartered in Calgary, Alberta, the firm mainly operates in Canada and Australia, along with some operations in the United States and Mexico. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.