National Bank Financial Weighs in on TSE:SES FY2025 Earnings

Secure Energy Services Inc. (TSE:SES - Free Report) - Stock analysts at National Bank Financial raised their FY2025 EPS estimates for shares of Secure Energy Services in a report issued on Wednesday, October 30th. National Bank Financial analyst P. Kenny now anticipates that the company will post earnings per share of $0.95 for the year, up from their previous estimate of $0.75. The consensus estimate for Secure Energy Services' current full-year earnings is $0.77 per share.

A number of other brokerages have also recently commented on SES. Eight Capital increased their target price on Secure Energy Services from C$20.00 to C$22.00 and gave the company a "buy" rating in a report on Thursday. CIBC lifted their price objective on Secure Energy Services from C$15.00 to C$16.00 and gave the stock a "neutral" rating in a research report on Thursday. Scotiabank upped their target price on shares of Secure Energy Services from C$16.00 to C$18.00 and gave the company an "outperform" rating in a report on Thursday. National Bankshares lifted their price target on shares of Secure Energy Services from C$14.00 to C$17.00 and gave the stock an "outperform" rating in a report on Thursday. Finally, Raymond James upped their price objective on shares of Secure Energy Services from C$14.75 to C$15.25 and gave the company an "outperform" rating in a research note on Thursday. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of C$16.58.

Secure Energy Services Price Performance

Shares of SES stock traded up C$0.20 during trading hours on Monday, hitting C$16.10. The company's stock had a trading volume of 560,387 shares, compared to its average volume of 703,089. The company has a current ratio of 1.15, a quick ratio of 1.10 and a debt-to-equity ratio of 52.03. The business has a fifty day moving average of C$12.77 and a 200-day moving average of C$12.02. Secure Energy Services has a twelve month low of C$7.57 and a twelve month high of C$16.11. The stock has a market cap of C$3.87 billion, a price-to-earnings ratio of 7.95, a P/E/G ratio of 0.17 and a beta of 2.41.

Insider Activity at Secure Energy Services

In other news, Director Mark Bly bought 10,000 shares of the firm's stock in a transaction dated Thursday, September 12th. The stock was acquired at an average price of C$11.52 per share, for a total transaction of C$115,200.00. In related news, Senior Officer Corey Ray Higham acquired 17,000 shares of Secure Energy Services stock in a transaction on Thursday, September 5th. The shares were bought at an average price of C$11.80 per share, for a total transaction of C$200,560.90. Also, Director Mark Bly bought 10,000 shares of the stock in a transaction dated Thursday, September 12th. The stock was bought at an average price of C$11.52 per share, with a total value of C$115,200.00. Over the last 90 days, insiders have sold 73,016 shares of company stock worth $877,203. 0.95% of the stock is owned by insiders.

Secure Energy Services Announces Dividend

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 $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.48%. The ex-dividend date of this dividend was Tuesday, October 1st. Secure Energy Services's dividend payout ratio (DPR) is currently 20.00%.

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.