Atb Cap Markets Brokers Raise Earnings Estimates for TSE:SES

Secure Energy Services Inc. (TSE:SES - Free Report) - Research analysts at Atb Cap Markets upped their FY2025 earnings per share (EPS) estimates for Secure Energy Services in a report issued on Thursday, December 12th. Atb Cap Markets analyst N. Heywood now anticipates that the company will post earnings of $1.01 per share for the year, up from their prior forecast of $0.96. The consensus estimate for Secure Energy Services' current full-year earnings is $0.77 per share. Atb Cap Markets also issued estimates for Secure Energy Services' FY2026 earnings at $1.10 EPS.

SES has been the subject of several other reports. BMO Capital Markets boosted their target price on Secure Energy Services from C$17.00 to C$20.00 and gave the stock an "outperform" rating in a report on Thursday, October 31st. Scotiabank boosted their price objective on shares of Secure Energy Services from C$16.00 to C$18.00 and gave the stock an "outperform" rating in a research note on Thursday, October 31st. ATB Capital raised their target price on shares of Secure Energy Services from C$17.00 to C$18.00 and gave the company an "outperform" rating in a research note on Thursday, October 31st. National Bankshares boosted their target price on shares of Secure Energy Services from C$14.00 to C$17.00 and gave the stock an "outperform" rating in a research report on Thursday, October 31st. Finally, Raymond James raised their price target on Secure Energy Services from C$14.75 to C$15.25 and gave the company an "outperform" rating in a research report on Thursday, October 31st. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, Secure Energy Services has a consensus rating of "Moderate Buy" and a consensus target price of C$16.58.

Secure Energy Services Stock Down 0.6 %

TSE SES traded down C$0.10 during trading on Monday, hitting C$16.33. 627,132 shares of the company traded hands, compared to its average volume of 712,411. The company has a market capitalization of C$3.93 billion, a P/E ratio of 8.17, a PEG ratio of 0.17 and a beta of 2.41. The business has a fifty day simple moving average of C$15.46 and a 200 day simple moving average of C$13.11. Secure Energy Services has a 12 month low of C$8.77 and a 12 month high of C$17.13. The company has a current ratio of 1.15, a quick ratio of 1.10 and a debt-to-equity ratio of 52.03.

Secure Energy Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date of this dividend was Tuesday, October 1st. Secure Energy Services's dividend payout ratio (DPR) is presently 20.00%.

Insider Activity at Secure Energy Services

In other Secure Energy Services news, Senior Officer Allen Peter Gransch sold 4,011 shares of Secure Energy Services stock in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of C$12.20, for a total transaction of C$48,934.20. Also, Senior Officer Michael Wayne Callihoo sold 11,400 shares of the company's stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of C$12.75, for a total value of C$145,350.00. Insiders have sold 54,820 shares of company stock worth $805,315 over the last three months. Company insiders own 0.95% of the company's stock.

About Secure Energy Services

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.