Raymond James Issues Negative Forecast for TSE:SES Earnings

Secure Energy Services Inc. (TSE:SES) – Equities research analysts at Raymond James lowered their FY2026 earnings estimates for Secure Energy Services in a report issued on Wednesday, April 9th. Raymond James analyst M. Barth now expects that the company will post earnings per share of $0.98 for the year, down from their previous estimate of $1.02. The consensus estimate for Secure Energy Services’ current full-year earnings is $0.77 per share.

SES has been the subject of a number of other reports. CIBC lowered their target price on Secure Energy Services from C$17.25 to C$15.25 in a research note on Thursday, April 10th. Royal Bank of Canada set a C$17.00 target price on shares of Secure Energy Services and gave the stock a “sector perform” rating in a research note on Thursday, December 19th. Finally, Scotiabank reduced their target price on shares of Secure Energy Services from C$22.00 to C$19.50 and set an “outperform” rating on the stock in a research report on Tuesday, April 8th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$17.81.

Secure Energy Services Trading Down 0.3 %

Shares of SES opened at C$12.51 on Monday. The company has a debt-to-equity ratio of 48.24, a quick ratio of 1.10 and a current ratio of 1.13. The company has a market cap of C$2.91 billion, a price-to-earnings ratio of 4.90, a PEG ratio of 0.17 and a beta of 2.41. The stock has a fifty day moving average price of C$14.42 and a two-hundred 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 Waste Infrastructure Corp. provides fluids and solids solutions to the oil and gas industry. It operates in two segments: Midstream Infrastructure and Environmental & Fluid Management. Midstream Infrastructure owns and operates a network of facilities throughout western Canada, North Dakota, and Oklahoma.