Analysts Set Expectations for TSE:SES FY2025 Earnings

Secure Energy Services Inc. (TSE:SES) – National Bank Financial increased their FY2025 earnings per share estimates for Secure Energy Services in a research note issued on Wednesday, October 30th. National Bank Financial analyst P. Kenny now expects that the company will post earnings per share of $0.95 for the year, up from their prior forecast of $0.75. 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 research reports. National Bankshares raised their target price on Secure Energy Services from C$14.00 to C$17.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. Raymond James raised their price objective on 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. Scotiabank increased their target price on Secure Energy Services from C$16.00 to C$18.00 and gave the stock an “outperform” rating in a research note on Thursday, October 31st. BMO Capital Markets lifted their target price on shares of Secure Energy Services from C$17.00 to C$20.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Finally, Eight Capital increased their price target on shares of Secure Energy Services from C$20.00 to C$22.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$16.58.

Secure Energy Services Price Performance

Shares of TSE SES opened at C$16.10 on Monday. Secure Energy Services has a 1 year low of C$7.57 and a 1 year high of C$16.11. The stock has a market capitalization of C$3.87 billion, a P/E ratio of 8.05, a P/E/G ratio of 0.17 and a beta of 2.41. The company’s 50-day moving average is C$12.86 and its 200 day moving average is C$12.05. The company has a debt-to-equity ratio of 52.03, a current ratio of 1.15 and a quick ratio of 1.10.

Secure Energy Services Dividend Announcement

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

Insider Buying and Selling at Secure Energy Services

In other news, Senior Officer Michael Wayne Callihoo sold 11,400 shares of the company’s stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of C$12.75, for a total transaction of C$145,350.00. In other news, Senior Officer Michael Wayne Callihoo sold 11,400 shares of Secure Energy Services stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of C$12.75, for a total transaction of C$145,350.00. Also, Senior Officer Corey Ray Higham bought 17,000 shares of Secure Energy Services stock in a transaction that occurred on Thursday, September 5th. The stock was purchased at an average cost of C$11.80 per share, with a total value of C$200,560.90. Over the last 90 days, insiders have sold 73,016 shares of company stock valued at $877,203. 0.95% of the stock is owned by company insiders.

About Secure Energy Services

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.