Atb Cap Markets Has Positive View of TSE:SES FY2025 Earnings

Secure Energy Services Inc. (TSE:SES) – Equities researchers at Atb Cap Markets boosted their FY2025 earnings estimates for shares of Secure Energy Services in a research report issued on Thursday, December 12th. Atb Cap Markets analyst N. Heywood now forecasts that the company will earn $1.01 per share for the year, up from their prior estimate 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.

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

Secure Energy Services Stock Down 0.6 %

TSE SES opened at C$16.33 on Monday. Secure Energy Services has a fifty-two week low of C$8.77 and a fifty-two week high of C$17.13. The business has a fifty day moving average price of C$15.46 and a two-hundred day moving average price of C$13.11. The company has a debt-to-equity ratio of 52.03, a current ratio of 1.15 and a quick ratio of 1.10. The stock has a market capitalization of C$3.93 billion, a PE ratio of 8.17, a PEG ratio of 0.17 and a beta of 2.41.

Insider Buying and Selling at Secure Energy Services

In other news, insider Llc Tpg Gp A sold 12,725 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of C$16.99, for a total transaction of C$216,235.93. Also, Director Rene Amirault sold 10,844 shares of the stock in a transaction on Wednesday, October 2nd. The stock was sold at an average price of C$12.20, for a total value of C$132,296.80. Insiders have sold a total of 54,820 shares of company stock valued at $805,315 over the last three months. 0.95% of the stock is currently owned by insiders.

Secure Energy Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st were paid a $0.10 dividend. 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 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.