Analysts Issue Forecasts for Secure Energy Services Inc.’s FY2025 Earnings (TSE:SES)

Secure Energy Services Inc. (TSE:SES) – Equities research analysts at Raymond James lowered their FY2025 earnings per share (EPS) estimates for shares of Secure Energy Services in a research note issued to investors on Friday, April 26th. Raymond James analyst M. Barth now expects that the company will earn $0.75 per share for the year, down from their previous forecast of $0.84. Raymond James currently has a “Outperform” rating and a $13.50 target price on the stock. The consensus estimate for Secure Energy Services’ current full-year earnings is $0.67 per share. Raymond James also issued estimates for Secure Energy Services’ FY2028 earnings at $1.48 EPS.

Several other equities analysts also recently commented on SES. Royal Bank of Canada upped their price objective on Secure Energy Services from C$11.00 to C$12.00 and gave the company a “sector perform” rating in a research report on Tuesday, February 27th. BMO Capital Markets increased their price target on Secure Energy Services from C$13.00 to C$14.00 in a research report on Tuesday, April 23rd. National Bankshares increased their price target on Secure Energy Services from C$12.00 to C$13.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 27th. Stifel Nicolaus increased their price target on Secure Energy Services from C$12.50 to C$13.50 and gave the stock a “buy” rating in a research report on Thursday, April 18th. Finally, ATB Capital increased their price target on Secure Energy Services from C$13.00 to C$14.00 and gave the stock an “outperform” rating in a research report on Friday. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$13.25.

Secure Energy Services Stock Performance

Shares of Secure Energy Services stock opened at C$11.77 on Monday. The stock’s fifty day moving average is C$11.32 and its two-hundred day moving average is C$9.76. The company has a market capitalization of C$3.30 billion, a PE ratio of 18.11, a price-to-earnings-growth ratio of 0.17 and a beta of 2.58. The company has a quick ratio of 1.10, a current ratio of 2.52 and a debt-to-equity ratio of 92.92. Secure Energy Services has a 52 week low of C$5.81 and a 52 week high of C$11.92.

Secure Energy Services (TSE:SES) last released its earnings results on Monday, February 26th. The company reported C$0.20 earnings per share for the quarter, meeting the consensus estimate of C$0.20. The firm had revenue of C$451.00 million for the quarter, compared to the consensus estimate of C$429.00 million. Secure Energy Services had a return on equity of 15.91% and a net margin of 2.36%.

Secure Energy Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Monday, April 1st were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 3.40%. The ex-dividend date was Thursday, March 28th. Secure Energy Services’s dividend payout ratio (DPR) is presently 61.54%.

Insider Buying and Selling at Secure Energy Services

In other Secure Energy Services news, Director Rene Amirault sold 731,807 shares of the stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of C$11.35, for a total value of C$8,302,496.78. In other Secure Energy Services news, Director Rene Amirault sold 731,807 shares of the stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of C$11.35, for a total value of C$8,302,496.78. Also, Senior Officer James Darryl Anderson sold 65,000 shares of the firm’s stock in a transaction dated Friday, April 26th. The stock was sold at an average price of C$11.62, for a total value of C$755,300.00. Over the last ninety days, insiders sold 816,914 shares of company stock worth $9,285,153. 0.88% of the stock is owned by 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.