FY2026 Earnings Estimate for TSE:CEU Issued By Scotiabank

CES Energy Solutions Corp. (TSE:CEU) – Equities researchers at Scotiabank lifted their FY2026 EPS estimates for CES Energy Solutions in a research report issued on Thursday, March 12th. Scotiabank analyst J. Goldman now forecasts that the company will post earnings of $1.06 per share for the year, up from their prior forecast of $1.02. The consensus estimate for CES Energy Solutions’ current full-year earnings is $0.86 per share.

A number of other research analysts also recently issued reports on the company. BMO Capital Markets downgraded CES Energy Solutions from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 11th. TD Securities cut CES Energy Solutions from a “buy” rating to a “hold” rating and boosted their price objective for the company from C$12.00 to C$16.00 in a research note on Monday, January 26th. National Bank Financial increased their price objective on CES Energy Solutions from C$13.00 to C$15.00 and gave the company an “outperform” rating in a report on Friday, January 9th. ATB Cormark Capital Markets raised their target price on shares of CES Energy Solutions from C$14.50 to C$16.50 and gave the stock an “outperform” rating in a research report on Monday, January 26th. Finally, Raymond James Financial lifted their target price on shares of CES Energy Solutions from C$15.00 to C$21.00 in a report on Thursday. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$14.93.

CES Energy Solutions Stock Down 0.3%

CES Energy Solutions stock opened at C$18.27 on Monday. The company has a market capitalization of C$3.89 billion, a P/E ratio of 23.13, a PEG ratio of 0.61 and a beta of 1.00. The company has a debt-to-equity ratio of 60.08, a quick ratio of 1.78 and a current ratio of 2.86. CES Energy Solutions has a fifty-two week low of C$5.59 and a fifty-two week high of C$18.99. The stock has a 50-day simple moving average of C$15.16 and a 200-day simple moving average of C$12.00.

CES Energy Solutions (TSE:CEU) last issued its quarterly earnings data on Tuesday, March 10th. The company reported C$0.53 earnings per share (EPS) for the quarter. CES Energy Solutions had a return on equity of 25.37% and a net margin of 8.21%.

CES Energy Solutions Company Profile

CES is a leading provider of technically advanced consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at the drill-bit, at the point of completion and stimulation, at the wellhead and pump-jack, and finally through to the pipeline and midstream market. CES’ business model is relatively asset light and requires limited re-investment capital to grow. As a result, CES has been able to capitalize on the growing market demand for drilling fluids and production and specialty chemicals in North America while generating free cash flow.