What is Cormark’s Forecast for CVE:AEP Q4 Earnings?

Atlas Engineered Products Ltd. (CVE:AEP) – Cormark boosted their Q4 2024 EPS estimates for shares of Atlas Engineered Products in a research report issued to clients and investors on Tuesday, November 26th. Cormark analyst D. Ocampo now anticipates that the company will post earnings per share of $0.00 for the quarter, up from their previous estimate of ($0.01). The consensus estimate for Atlas Engineered Products’ current full-year earnings is $0.11 per share.

A number of other equities analysts have also recently commented on the stock. Ventum Financial decreased their target price on shares of Atlas Engineered Products from C$2.00 to C$1.75 in a research report on Tuesday. Raymond James set a C$2.25 target price on shares of Atlas Engineered Products and gave the stock a “strong-buy” rating in a research report on Thursday, September 12th.

Atlas Engineered Products Price Performance

Shares of CVE:AEP opened at C$1.15 on Wednesday. The stock has a market cap of C$67.99 million, a PE ratio of 16.43 and a beta of 1.13. The company’s fifty day moving average is C$1.28 and its 200 day moving average is C$1.34. Atlas Engineered Products has a 52 week low of C$0.93 and a 52 week high of C$1.70. The company has a quick ratio of 2.31, a current ratio of 4.16 and a debt-to-equity ratio of 62.14.

Atlas Engineered Products Company Profile

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.