FY2025 EPS Estimates for Secure Energy Services Inc. (TSE:SES) Boosted by Atb Cap Markets

Secure Energy Services Inc. (TSE:SES) – Atb Cap Markets upped their FY2025 EPS estimates for Secure Energy Services in a research report issued on Tuesday, July 30th. Atb Cap Markets analyst N. Heywood now anticipates that the company will post earnings of $0.92 per share for the year, up from their prior estimate of $0.86. The consensus estimate for Secure Energy Services’ current full-year earnings is $0.70 per share.

Other research analysts have also recently issued research reports about the stock. Raymond James boosted their price objective on shares of Secure Energy Services from C$13.50 to C$14.25 and gave the company an “outperform” rating in a report on Wednesday. BMO Capital Markets lifted their price target on shares of Secure Energy Services from C$14.00 to C$16.00 and gave the company an “outperform” rating in a research note on Wednesday. Stifel Nicolaus lifted their price target on shares of Secure Energy Services from C$12.50 to C$13.50 and gave the company a “buy” rating in a research note on Thursday, April 18th. ATB Capital lifted their price target on shares of Secure Energy Services from C$14.50 to C$15.00 and gave the company an “outperform” rating in a research note on Wednesday. Finally, CIBC lifted their price target on shares of Secure Energy Services from C$12.00 to C$13.00 in a research note on Monday, July 15th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, Secure Energy Services has a consensus rating of “Moderate Buy” and a consensus price target of C$13.97.

Secure Energy Services Stock Down 0.2 %

Shares of TSE SES opened at C$12.16 on Friday. The stock has a market cap of C$3.20 billion, a P/E ratio of 6.27, a P/E/G ratio of 0.17 and a beta of 2.55. The firm has a 50 day moving average price of C$11.70 and a 200 day moving average price of C$11.27. The company has a debt-to-equity ratio of 28.54, a quick ratio of 1.10 and a current ratio of 1.71. Secure Energy Services has a 52-week low of C$6.64 and a 52-week high of C$12.53.

Secure Energy Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Monday, July 1st were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date of this dividend was Monday, July 1st. Secure Energy Services’s dividend payout ratio is presently 20.62%.

Insider Transactions at Secure Energy Services

In other news, Senior Officer Michael Wayne Callihoo purchased 3,600 shares of the company’s stock in a transaction on Thursday, May 9th. The shares were purchased at an average cost of C$11.16 per share, with a total value of C$40,176.00. In related news, Director Rene Amirault sold 43,125 shares of the company’s stock in a transaction dated Tuesday, June 18th. The shares were sold at an average price of C$11.95, for a total value of C$515,343.75. Also, Senior Officer Michael Wayne Callihoo purchased 3,600 shares of the firm’s stock in a transaction that occurred on Thursday, May 9th. The stock was acquired at an average price of C$11.16 per share, for a total transaction of C$40,176.00. Insiders have acquired a total of 323,569 shares of company stock valued at $3,752,369 over the last 90 days. 0.93% of the stock is owned by corporate insiders.

Secure Energy Services Company Profile

Secure Energy Services Inc engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through three segments, Environmental Waste Management, Energy Infrastructure, and Oilfield Services. The Environmental Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer, and metal recycling facilities.