CES Energy Solutions Corp. (TSE:CEU) Senior Officer Sells C$547,890.00 in Stock

CES Energy Solutions Corp. (TSE:CEU) Senior Officer Anthony Michael Aulicino sold 54,789 shares of the stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of C$10.00, for a total transaction of C$547,890.00.

Anthony Michael Aulicino also recently made the following trade(s):

• On Tuesday, December 3rd, Anthony Michael Aulicino sold 20,000 shares of CES Energy Solutions stock. The stock was sold at an average price of C$9.85, for a total transaction of C$197,000.00.
• On Monday, November 18th, Anthony Michael Aulicino sold 17,667 shares of CES Energy Solutions stock. The shares were sold at an average price of C$8.99, for a total transaction of C$158,826.33.

CES Energy Solutions Stock Performance

CES Energy Solutions stock remained flat at C$10.00 during mid-day trading on Friday. 633,344 shares of the company’s stock were exchanged, compared to its average volume of 723,392. The company has a market capitalization of C$2.34 billion, a price-to-earnings ratio of 12.82, a price-to-earnings-growth ratio of 0.61 and a beta of 2.31. CES Energy Solutions Corp. has a 1 year low of C$3.43 and a 1 year high of C$10.14. The firm’s fifty day moving average is C$9.28 and its 200 day moving average is C$8.20. The company has a current ratio of 3.18, a quick ratio of 1.78 and a debt-to-equity ratio of 51.40.

CES Energy Solutions (TSE:CEU) last released 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 net margin of 8.53% and a return on equity of 27.17%. The firm had revenue of C$606.52 million for the quarter, compared to analyst estimates of C$582.25 million. On average, equities analysts expect that CES Energy Solutions Corp. will post 0.8600646 EPS for the current fiscal year.

CES Energy Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, January 15th will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.12 dividend on an annualized basis and a yield of 1.20%. CES Energy Solutions’s dividend payout ratio is currently 15.38%.

Analysts Set New Price Targets

CEU has been the subject of a number of research reports. National Bankshares boosted their price target on CES Energy Solutions from C$10.00 to C$11.50 and gave the company a “sector perform” rating in a research report on Thursday, December 19th. Atb Cap Markets lowered shares of CES Energy Solutions from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 10th. Scotiabank raised their price objective on CES Energy Solutions from C$9.00 to C$10.50 in a research report on Monday, November 11th. ATB Capital upped their target price on shares of CES Energy Solutions from C$10.00 to C$11.00 in a research note on Tuesday, December 10th. Finally, Royal Bank of Canada lifted their price target on shares of CES Energy Solutions from C$10.00 to C$11.00 in a research note on Thursday, November 7th. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, CES Energy Solutions currently has a consensus rating of “Moderate Buy” and a consensus price target of C$10.59.

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.