CES Energy Solutions Future Growth

Future criteria checks 1/6

CES Energy Solutions is forecast to grow earnings and revenue by 1.6% and 3.2% per annum respectively. EPS is expected to grow by 8.2% per annum. Return on equity is forecast to be 20% in 3 years.

Key information

1.6%

Earnings growth rate

8.2%

EPS growth rate

Energy Services earnings growth	0.7%
Revenue growth rate	3.2%
Future return on equity	20.0%
Analyst coverage	Good
Last updated	23 Apr 2024

Recent future growth updates

Recent updates

Why The 21% Return On Capital At CES Energy Solutions (TSE:CEU) Should Have Your Attention

Apr 30

CES Energy Solutions' (TSE:CEU) Upcoming Dividend Will Be Larger Than Last Year's

Mar 14

We Ran A Stock Scan For Earnings Growth And CES Energy Solutions (TSE:CEU) Passed With Ease

Mar 02

CES Energy Solutions Corp. (TSE:CEU) Shares Could Be 42% Below Their Intrinsic Value Estimate

Feb 06

CES Energy Solutions (TSE:CEU) Could Become A Multi-Bagger

Jan 16

CES Energy Solutions' (TSE:CEU) Dividend Will Be CA$0.025

Sep 19

Shareholders Would Enjoy A Repeat Of CES Energy Solutions' (TSE:CEU) Recent Growth In Returns

Sep 13

CES Energy Solutions (TSE:CEU) Is Increasing Its Dividend To CA$0.025

May 25

CES Energy Solutions' (TSE:CEU) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 14

Earnings and Revenue Growth Forecasts

TSX:CEU - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,368	152	175	247	2
12/31/2025	2,316	149	161	258	7
12/31/2024	2,209	146	139	237	8
12/31/2023	2,164	155	228	302	N/A
9/30/2023	2,173	146	231	301	N/A
6/30/2023	2,161	132	121	185	N/A
3/31/2023	2,079	118	26	83	N/A
12/31/2022	1,922	95	-56	-3	N/A
9/30/2022	1,727	80	-131	-81	N/A
6/30/2022	1,517	68	-153	-111	N/A
3/31/2022	1,337	55	-116	-81	N/A
12/31/2021	1,196	50	-102	-74	N/A
9/30/2021	1,041	66	-54	-35	N/A
6/30/2021	893	40	37	51	N/A
3/31/2021	799	8	123	139	N/A
12/31/2020	888	-223	131	157	N/A
9/30/2020	991	-251	160	198	N/A
6/30/2020	1,140	-231	144	188	N/A
3/31/2020	1,294	-198	97	148	N/A
12/31/2019	1,277	30	136	187	N/A
9/30/2019	1,310	34	113	162	N/A
6/30/2019	1,332	32	53	120	N/A
3/31/2019	1,304	37	26	106	N/A
12/31/2018	1,271	48	-8	78	N/A
9/30/2018	1,202	35	-7	87	N/A
6/30/2018	1,124	49	-1	79	N/A
3/31/2018	1,078	42	-38	35	N/A
12/31/2017	1,030	36	-88	-23	N/A
9/30/2017	939	30	N/A	-46	N/A
6/30/2017	823	-1	N/A	-33	N/A
3/31/2017	683	-33	N/A	-15	N/A
12/31/2016	568	-65	N/A	57	N/A
9/30/2016	545	-175	N/A	80	N/A
6/30/2016	588	-157	N/A	96	N/A
3/31/2016	653	-130	N/A	189	N/A
12/31/2015	750	-92	N/A	209	N/A
9/30/2015	863	41	N/A	188	N/A
6/30/2015	949	55	N/A	170	N/A
3/31/2015	975	62	N/A	108	N/A
12/31/2014	973	68	N/A	46	N/A
9/30/2014	895	62	N/A	37	N/A
6/30/2014	804	53	N/A	51	N/A
3/31/2014	745	47	N/A	16	N/A
12/31/2013	663	37	N/A	19	N/A
9/30/2013	557	27	N/A	61	N/A
6/30/2013	491	23	N/A	72	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CEU's forecast earnings growth (1.6% per year) is below the savings rate (2.1%).

Earnings vs Market: CEU's earnings (1.6% per year) are forecast to grow slower than the Canadian market (12.1% per year).

High Growth Earnings: CEU's earnings are forecast to grow, but not significantly.

Revenue vs Market: CEU's revenue (3.2% per year) is forecast to grow slower than the Canadian market (6.7% per year).

High Growth Revenue: CEU's revenue (3.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CEU's Return on Equity is forecast to be high in 3 years time (20%)

CES Energy Solutions Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 8.5% to CA$6.73

Price target increased by 7.9% to CA$6.09

Price target increased by 7.5% to CA$5.35

Price target increased by 7.1% to CA$4.43

Consensus EPS estimates increase by 29%

Price target increased to CA$3.92

Recent updates

Why The 21% Return On Capital At CES Energy Solutions (TSE:CEU) Should Have Your Attention

Price target increased by 8.5% to CA$6.73

CES Energy Solutions Corp. to Report Q1, 2024 Results on May 08, 2024

Independent Director recently sold CA$267k worth of stock

President exercised options to buy CA$484k worth of stock.

CES Energy Solutions Corp., Annual General Meeting, Jun 18, 2024

Price target increased by 7.9% to CA$6.09

Investor sentiment improves as stock rises 16%

Upcoming dividend of CA$0.03 per share

President exercised options to buy CA$663k worth of stock.

President recently sold CA$213k worth of stock

CES Energy Solutions' (TSE:CEU) Upcoming Dividend Will Be Larger Than Last Year's

Fourth quarter dividend increased to CA$0.03

Full year 2023 earnings: EPS exceeds analyst expectations

We Ran A Stock Scan For Earnings Growth And CES Energy Solutions (TSE:CEU) Passed With Ease

Price target increased by 7.5% to CA$5.35

CES Energy Solutions Corp. Approves Quarterly Dividend, Payable on April 15, 2024

CES Energy Solutions Corp. to Report Q4, 2023 Results on Mar 01, 2024

CES Energy Solutions Corp. (TSE:CEU) Shares Could Be 42% Below Their Intrinsic Value Estimate

CES Energy Solutions (TSE:CEU) Could Become A Multi-Bagger

Chief Financial Officer exercised options to buy CA$112k worth of stock.

Upcoming dividend of CA$0.025 per share at 2.8% yield

CES Energy Solutions Corp. Declares Cash Dividend, Payable on January 15, 2024

President exercised options to buy CA$189k worth of stock.

President recently sold CA$128k worth of stock

CES Energy Solutions Corp. to Report Q3, 2023 Results on Nov 09, 2023

President recently sold CA$105k worth of stock

President exercised options to buy CA$307k worth of stock.

Upcoming dividend of CA$0.025 per share at 2.6% yield

CES Energy Solutions' (TSE:CEU) Dividend Will Be CA$0.025

CES Energy Solutions Corp. Declares Cash Dividend, Payable on October 13, 2023

Shareholders Would Enjoy A Repeat Of CES Energy Solutions' (TSE:CEU) Recent Growth In Returns

Investor sentiment improves as stock rises 17%

Price target increased by 7.1% to CA$4.43

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

CES Energy Solutions Corp. to Report Q2, 2023 Results on Aug 10, 2023

President exercised options to buy CA$222k worth of stock.

Upcoming dividend of CA$0.025 per share at 3.9% yield

CES Energy Solutions (TSE:CEU) Is Increasing Its Dividend To CA$0.025

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

President of US Production Chemicals recently sold CA$785k worth of stock

Upcoming dividend of CA$0.02 per share at 3.1% yield

President of US Drilling Fluids exercised options to buy CA$152k worth of stock.

CES Energy Solutions' (TSE:CEU) Shareholders Will Receive A Bigger Dividend Than Last Year

Full year 2022 earnings: EPS and revenues exceed analyst expectations

CES Energy Solutions Corp. to Report Q4, 2022 Results on Mar 09, 2023

Upcoming dividend of CA$0.02 per share

President exercised options to buy CA$72k worth of stock.

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Third quarter 2022 earnings released: EPS: CA$0.10 (vs CA$0.052 in 3Q 2021)

CES Energy Solutions Corp. Declares Quarterly Dividend, Payable on January 13, 2023

CES Energy Solutions Corp. to Report Q3, 2022 Results on Nov 11, 2022

CES Energy Solutions Corp. Announces Cash Dividend, Payable on October 14, 2022

Consensus EPS estimates increase by 29%

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

CES Energy Solutions Corp. to Report Q2, 2022 Results on Aug 11, 2022

Independent Chairman recently bought CA$99k worth of stock

CES Energy Solutions Corp. Announces Cash Dividend, Payable on July 15, 2022

Investor sentiment deteriorated over the past week

President recently bought CA$67k worth of stock

Investor sentiment improved over the past week

Price target increased to CA$3.92

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improved over the past week

CES Energy Solutions Corp. to Report Q1, 2022 Results on May 12, 2022

President of US Drilling Fluids exercised options to buy CA$112k worth of stock.

President of US Production Chemicals recently sold CA$2.7m worth of stock

President of US Drilling Fluids exercised options to buy CA$370k worth of stock.

Price target increased to CA$3.55