CES Energy Solutions Corp (TSE:CEU) – Analysts at Clarus Securities issued their Q1 2018 earnings per share (EPS) estimates for CES Energy Solutions in a research note issued on Monday. Clarus Securities analyst S. Kammermayer forecasts that the company will post earnings of $0.07 per share for the quarter. Clarus Securities currently has a “Buy” rating on the stock. Clarus Securities also issued estimates for CES Energy Solutions’ Q4 2018 earnings at $0.07 EPS.
Other research analysts also recently issued reports about the stock. GMP Securities increased their price target on shares of CES Energy Solutions from C$9.00 to C$9.50 in a research report on Monday, November 13th. TD Securities reiterated a “buy” rating and issued a C$8.50 price target on shares of CES Energy Solutions in a research report on Friday, February 23rd. Finally, Raymond James Financial reiterated a “strong-buy” rating and issued a C$8.50 price target on shares of CES Energy Solutions in a research report on Friday, February 9th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of C$9.17.
Shares of CES Energy Solutions (CEU) opened at C$5.90 on Wednesday. The firm has a market capitalization of $1,580.00, a price-to-earnings ratio of 59.00 and a beta of 1.01. CES Energy Solutions has a 1-year low of C$4.94 and a 1-year high of C$7.57.
In other news, Director Burton Joel Ahrens sold 5,000 shares of the stock in a transaction on Friday, January 12th. The shares were sold at an average price of C$6.68, for a total value of C$33,400.00.
The company also recently disclosed a monthly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 15th will be paid a $0.0025 dividend. The ex-dividend date is Tuesday, February 27th. This represents a $0.03 dividend on an annualized basis and a dividend yield of 0.51%. CES Energy Solutions’s dividend payout ratio (DPR) is presently 30.00%.
About CES Energy Solutions
CES Energy Solutions Corp, formerly Canadian Energy Services & Technology Corp, is a Canada-based provider of technically advanced consumable chemical solutions throughout the lifecycle of the oilfield. The Company offers total 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.