TSE:SES FY2025 EPS Forecast Increased by Atb Cap Markets

Secure Energy Services Inc. (TSE:SES) – Atb Cap Markets increased their FY2025 earnings estimates for Secure Energy Services in a report issued on Thursday, December 12th. Atb Cap Markets analyst N. Heywood now forecasts that the company will post earnings of $1.01 per share for the year, up from their previous 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.

Several other equities research analysts have also recently issued reports on SES. Raymond James lifted their target price on Secure Energy Services from C$14.75 to C$15.25 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Scotiabank lifted their price objective 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. National Bankshares increased 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 report on Thursday, October 31st. ATB Capital boosted 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 research report on Thursday, October 31st. Finally, BMO Capital Markets increased their price objective on shares of Secure Energy Services from C$17.00 to C$20.00 and gave the company an “outperform” rating in a research report 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.com, the company presently has an average rating of “Moderate Buy” and an average target price of C$16.58.

Secure Energy Services Stock Performance

Shares of TSE SES opened at C$16.43 on Monday. The company has a market cap of C$3.95 billion, a P/E ratio of 8.22, a P/E/G ratio of 0.17 and a beta of 2.41. Secure Energy Services has a 52-week low of C$8.66 and a 52-week high of C$17.13. The company has a debt-to-equity ratio of 52.03, a quick ratio of 1.10 and a current ratio of 1.15. The firm’s fifty day moving average is C$15.39 and its two-hundred day moving average is C$13.07.

Secure Energy Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st were given a dividend of $0.10 per share. The ex-dividend date was Tuesday, October 1st. This represents a $0.40 annualized dividend and a dividend yield of 2.43%. Secure Energy Services’s dividend payout ratio (DPR) is presently 20.00%.

Insider Transactions at Secure Energy Services

In other Secure Energy Services news, insider David Bonderman sold 2,995 shares of the firm’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of C$16.33, for a total transaction of C$48,905.36. Also, Senior Officer Allen Peter Gransch sold 4,011 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$48,934.20. Over the last three months, insiders have sold 54,820 shares of company stock worth $805,315. 0.95% of the stock is currently owned by company insiders.

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.