What is Raymond James’ Forecast for TSE:SES FY2025 Earnings?

Secure Energy Services Inc. (TSE:SES) – Investment analysts at Raymond James decreased their FY2025 earnings per share estimates for Secure Energy Services in a research report issued on Wednesday, April 9th. Raymond James analyst M. Barth now expects that the company will post earnings per share of $0.80 for the year, down from their prior estimate of $0.84. The consensus estimate for Secure Energy Services’ current full-year earnings is $0.77 per share. Raymond James also issued estimates for Secure Energy Services’ FY2027 earnings at $1.30 EPS.

Other research analysts have also issued research reports about the stock. CIBC lowered their price objective on shares of Secure Energy Services from C$17.25 to C$15.25 in a research note on Thursday. Scotiabank dropped their price objective on Secure Energy Services from C$22.00 to C$19.50 and set an “outperform” rating on the stock in a research note on Tuesday. Finally, Royal Bank of Canada set a C$17.00 target price on Secure Energy Services and gave the stock a “sector perform” rating in a report on Thursday, December 19th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Secure Energy Services currently has a consensus rating of “Moderate Buy” and an average target price of C$17.81.

Secure Energy Services Stock Performance

Shares of SES opened at C$12.55 on Friday. The firm has a market capitalization of C$2.92 billion, a PE ratio of 4.92, a P/E/G ratio of 0.17 and a beta of 2.41. The company has a quick ratio of 1.10, a current ratio of 1.13 and a debt-to-equity ratio of 48.24. The firm has a 50-day moving average price of C$14.52 and a 200 day moving average price of C$15.04. Secure Energy Services has a 52-week low of C$10.81 and a 52-week high of C$17.13.

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.