National Bank Financial Estimates TSE:SES FY2025 Earnings

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

Other research analysts have also issued reports about the company. Raymond James boosted their price target on Secure Energy Services from C$14.75 to C$15.25 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. BMO Capital Markets lifted their price objective on shares of Secure Energy Services from C$17.00 to C$20.00 and gave the stock an “outperform” rating in a research note on Thursday, October 31st. CIBC lifted their target price on Secure Energy Services from C$15.00 to C$16.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. ATB Capital increased their price target on shares of Secure Energy Services from C$17.00 to C$18.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Finally, Eight Capital lifted their price objective on shares of Secure Energy Services from C$20.00 to C$22.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$16.58.

Secure Energy Services Stock Performance

Shares of TSE:SES opened at C$16.10 on Monday. The company has a quick ratio of 1.10, a current ratio of 1.15 and a debt-to-equity ratio of 52.03. The company has a market capitalization of C$3.87 billion, a price-to-earnings ratio of 8.05, a price-to-earnings-growth ratio of 0.17 and a beta of 2.41. The firm has a 50 day moving average of C$12.86 and a 200 day moving average of C$12.05. Secure Energy Services has a 52 week low of C$7.57 and a 52 week high of C$16.11.

Secure Energy Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date of this dividend was Tuesday, October 1st. Secure Energy Services’s payout ratio is currently 20.00%.

Insider Transactions at Secure Energy Services

In other news, Senior Officer Rhonda Kimberly Rudnitski sold 45,761 shares of Secure Energy Services stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of C$11.76, for a total transaction of C$538,121.90. In other news, Senior Officer Rhonda Kimberly Rudnitski sold 45,761 shares of the company’s stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of C$11.76, for a total transaction of C$538,121.90. Also, Senior Officer Allen Peter Gransch sold 4,011 shares of the business’s 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 value of C$48,934.20. Insiders sold 73,016 shares of company stock valued at $877,203 over the last 90 days. Corporate insiders own 0.95% of the company’s stock.

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.