Insider Buying: CES Energy Solutions (TSE:CEU) Insider Acquires 4,545 Shares of Stock

Key Points

  • Insider purchase: Director Anthony Michael Aulicino bought 4,545 shares on Nov 18 at C$10.97 each (C$49,858.65), bringing his direct holdings to 1,222,367 shares — a 0.37% increase valued at about C$13.41M.
  • Recent results & stock backdrop: CES reported C$0.18 EPS and C$623.2M revenue for the quarter, with a net margin of 8.62% and ROE of 27.61%; the stock trades around C$12.75 (52‑week range C$5.59–C$13.24) and the company has a market cap of ~C$2.71B.
  • Analyst sentiment: The consensus rating is "Buy" with a consensus target of C$11.38, and several brokers recently raised price targets or issued Outperform/Buy ratings.

CES Energy Solutions Corp. (TSE:CEU - Get Free Report) insider Anthony Michael Aulicino acquired 4,545 shares of CES Energy Solutions stock in a transaction dated Tuesday, November 18th. The stock was purchased at an average price of C$10.97 per share, with a total value of C$49,858.65. Following the completion of the purchase, the insider directly owned 1,222,367 shares of the company's stock, valued at C$13,409,365.99. The trade was a 0.37% increase in their position.

CES Energy Solutions Price Performance

TSE CEU opened at C$12.75 on Friday. CES Energy Solutions Corp. has a 1 year low of C$5.59 and a 1 year high of C$13.24. The company has a fifty day simple moving average of C$10.51 and a 200 day simple moving average of C$8.63. The company has a current ratio of 2.82, a quick ratio of 1.78 and a debt-to-equity ratio of 57.26. The company has a market cap of C$2.71 billion, a P/E ratio of 16.14, a P/E/G ratio of 0.61 and a beta of 0.83.

CES Energy Solutions (TSE:CEU - Get Free Report) last released its earnings results on Thursday, November 13th. The company reported C$0.18 earnings per share for the quarter. The firm had revenue of C$623.22 million during the quarter. CES Energy Solutions had a net margin of 8.62% and a return on equity of 27.61%. On average, sell-side analysts predict that CES Energy Solutions Corp. will post 0.8600646 EPS for the current year.

Analyst Ratings Changes




Several analysts recently weighed in on CEU shares. Scotiabank increased their target price on CES Energy Solutions from C$9.50 to C$10.25 in a research note on Friday, October 17th. Raymond James Financial downgraded shares of CES Energy Solutions from a "strong-buy" rating to a "moderate buy" rating in a research note on Monday, November 17th. TD Securities upped their target price on shares of CES Energy Solutions from C$9.00 to C$11.00 in a research note on Tuesday, October 14th. ATB Capital increased their price target on shares of CES Energy Solutions from C$12.00 to C$14.00 and gave the company an "outperform" rating in a report on Thursday, November 27th. Finally, Royal Bank Of Canada boosted their price objective on shares of CES Energy Solutions from C$10.00 to C$11.00 and gave the stock an "outperform" rating in a report on Thursday, October 9th. Two investment analysts have rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of C$11.38.

Get Our Latest Research Report on CES Energy Solutions

CES Energy Solutions Company Profile

(Get Free Report)

CES Energy Solutions Corp provides consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack, and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.

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