Anthony Michael Aulicino Sells 17,667 Shares of CES Energy Solutions Corp. (TSE:CEU) Stock

CES Energy Solutions Corp. (TSE:CEU) Senior Officer Anthony Michael Aulicino sold 17,667 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of C$8.99, for a total value of C$158,826.33.

CES Energy Solutions Stock Up 2.1 %

CEU stock opened at C$9.73 on Friday. The company has a debt-to-equity ratio of 51.40, a current ratio of 3.18 and a quick ratio of 1.78. The stock has a market capitalization of C$2.28 billion, a P/E ratio of 12.35, a P/E/G ratio of 0.61 and a beta of 2.31. The business has a 50-day moving average of C$7.96 and a 200-day moving average of C$7.55. CES Energy Solutions Corp. has a fifty-two week low of C$3.28 and a fifty-two week high of C$9.73.

CES Energy Solutions (TSE:CEU) last posted its quarterly earnings data on Wednesday, November 6th. The company reported C$0.20 earnings per share for the quarter, topping the consensus estimate of C$0.14 by C$0.06. CES Energy Solutions had a return on equity of 27.17% and a net margin of 8.53%. The company had revenue of C$606.52 million during the quarter, compared to analysts’ expectations of C$582.25 million. On average, sell-side analysts anticipate that CES Energy Solutions Corp. will post 0.8600646 earnings per share for the current fiscal year.

CES Energy Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a dividend of $0.03 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.12 annualized dividend and a yield of 1.23%. CES Energy Solutions’s dividend payout ratio (DPR) is presently 15.38%.

Analyst Ratings Changes

A number of research firms recently commented on CEU. ATB Capital upped their price objective on CES Energy Solutions from C$8.50 to C$9.75 in a report on Friday, August 9th. National Bankshares boosted their target price on 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. Raymond James boosted their target price on CES Energy Solutions from C$10.50 to C$10.75 in a research note on Tuesday, October 15th. BMO Capital Markets boosted their target price on CES Energy Solutions from C$10.00 to C$12.00 in a research note on Friday, August 9th. Finally, Royal Bank of Canada boosted their target price on CES Energy Solutions from C$10.00 to C$11.00 in a research note on Thursday, November 7th. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of C$10.16.

About CES Energy Solutions

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.