Ventum Cap Mkts Has Negative View of CVE:AEP FY2025 Earnings

Atlas Engineered Products Ltd. (CVE:AEP) – Equities researchers at Ventum Cap Mkts reduced their FY2025 EPS estimates for Atlas Engineered Products in a research report issued on Monday, November 25th. Ventum Cap Mkts analyst A. Semple now forecasts that the company will earn $0.04 per share for the year, down from their previous forecast of $0.07. The consensus estimate for Atlas Engineered Products’ current full-year earnings is $0.11 per share.

Several other analysts have also commented on the stock. Cormark cut their target price on shares of Atlas Engineered Products from C$2.20 to C$2.10 in a research note on Tuesday, August 20th. Raymond James set a C$2.25 target price on shares of Atlas Engineered Products and gave the company a “strong-buy” rating in a research note on Thursday, September 12th. Finally, Ventum Financial cut their price target on shares of Atlas Engineered Products from C$2.00 to C$1.75 in a report on Tuesday.

Atlas Engineered Products Stock Up 7.5 %

AEP stock opened at C$1.15 on Wednesday. Atlas Engineered Products has a 12 month low of C$0.93 and a 12 month high of C$1.70. The firm has a market cap of C$67.99 million, a PE ratio of 16.43 and a beta of 1.13. The firm has a 50 day simple moving average of C$1.28 and a 200 day simple moving average of C$1.34. The company has a debt-to-equity ratio of 62.14, a current ratio of 4.16 and a quick ratio of 2.31.

About Atlas Engineered Products

Atlas Engineered Products Ltd. engages in the design, manufacture, and sale of engineered roof trusses, floor trusses, and wall panels in Canada. The company offers floor joists and floor panels; and design, engineering, permitting, project management, and site assembly services. It also distributes a range of engineered wood products for builders of residential and commercial wood-framed buildings, including single-family homes, townhouses, multi-story wood-framed residential buildings, commercial buildings, and agricultural structures.