CES Energy Solutions Corp (TSE:CEU) – Research analysts at Clarus Securities upped their Q3 2018 earnings estimates for shares of CES Energy Solutions in a report issued on Monday, according to Zacks Investment Research. Clarus Securities analyst S. Kammermayer now anticipates that the company will post earnings per share of $0.07 for the quarter, up from their prior forecast of $0.06. Clarus Securities currently has a “Buy” rating on the stock.
Several other research analysts also recently weighed in on the stock. GMP Securities upped their target price on shares of CES Energy Solutions from C$9.50 to C$10.00 in a research note on Monday, March 5th. TD Securities restated a “buy” rating and issued a C$8.50 target price on shares of CES Energy Solutions in a research note on Friday, February 23rd. Finally, Raymond James Financial restated a “strong-buy” rating and issued a C$8.50 target price on shares of CES Energy Solutions in a research note on Friday, February 9th. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of C$8.80.
In other CES Energy Solutions news, Director Burton Joel Ahrens sold 7,000 shares of the stock in a transaction on Thursday, March 8th. The shares were sold at an average price of C$5.75, for a total transaction of C$40,250.00.
The business also recently disclosed a monthly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Thursday, March 15th will be paid a dividend of $0.0025 per share. The ex-dividend date of this dividend is Tuesday, February 27th. This represents a $0.03 dividend on an annualized basis and a yield of 0.54%. CES Energy Solutions’s dividend payout ratio (DPR) is 30.00%.
TRADEMARK VIOLATION WARNING: This piece was published by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this piece on another website, it was stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this piece can be viewed at https://stocknewstimes.com/2018/03/14/q3-2018-eps-estimates-for-ces-energy-solutions-corp-lifted-by-analyst-ceu.html.
CES Energy Solutions Company Profile
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for CES Energy Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CES Energy Solutions and related companies with MarketBeat.com's FREE daily email newsletter.