Total Energy Services Inc. (TSE:TOT - Free Report) - Equities research analysts at Atb Cap Markets lowered their FY2024 earnings per share estimates for Total Energy Services in a research note issued to investors on Tuesday, December 10th. Atb Cap Markets analyst T. Monachello now forecasts that the company will post earnings of $1.55 per share for the year, down from their previous estimate of $1.56. The consensus estimate for Total Energy Services' current full-year earnings is $2.05 per share. Atb Cap Markets also issued estimates for Total Energy Services' Q4 2024 earnings at $0.36 EPS, Q1 2026 earnings at $0.57 EPS, Q2 2026 earnings at $0.33 EPS, Q3 2026 earnings at $0.57 EPS and FY2027 earnings at $2.04 EPS.
A number of other research analysts have also recently issued reports on the company. TD Securities lowered their price objective on Total Energy Services from C$19.00 to C$18.00 in a research note on Tuesday. ATB Capital raised their price target on Total Energy Services from C$18.00 to C$19.00 in a report on Tuesday, November 12th.
Check Out Our Latest Analysis on Total Energy Services
Total Energy Services Stock Down 1.6 %
TOT stock traded down C$0.20 during midday trading on Thursday, hitting C$12.00. The stock had a trading volume of 97,317 shares, compared to its average volume of 49,328. The business has a 50-day moving average of C$10.68 and a two-hundred day moving average of C$9.82. The company has a debt-to-equity ratio of 27.21, a current ratio of 1.31 and a quick ratio of 1.09. The firm has a market cap of C$466.20 million, a price-to-earnings ratio of 11.51, a price-to-earnings-growth ratio of 1.77 and a beta of 2.02. Total Energy Services has a 52-week low of C$7.36 and a 52-week high of C$12.39.
Insider Activity at Total Energy Services
In other news, Senior Officer Bradley John Macson sold 10,000 shares of Total Energy Services stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of C$12.09, for a total transaction of C$120,884.00. Also, insider Total Energy Services Inc bought 134,854 shares of the company's stock in a transaction that occurred on Friday, October 11th. The shares were bought at an average price of C$9.72 per share, with a total value of C$1,310,416.77. In the last quarter, insiders have bought 155,347 shares of company stock worth $1,512,890. 7.73% of the stock is owned by corporate insiders.
About Total Energy Services
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Total Energy Services Inc operates as an energy services company primarily in Canada, the United States, and Australia. It operates through Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services and Well Servicing segments. The Contract Drilling Services segment operates a fleet of various drilling rigs supported by an extensive fleet of owned top drives, walking systems, pumps, and other ancillary equipment.
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