FY2025 EPS Estimates for Secure Energy Services Inc. Raised by Raymond James (TSE:SES)

Secure Energy Services Inc. (TSE:SES) – Raymond James raised their FY2025 earnings per share (EPS) estimates for Secure Energy Services in a report issued on Tuesday, July 30th. Raymond James analyst M. Barth now expects that the company will post earnings of $0.82 per share for the year, up from their previous estimate of $0.75. Raymond James currently has a “Outperform” rating and a $14.25 price target on the stock. The consensus estimate for Secure Energy Services’ current full-year earnings is $0.70 per share. Raymond James also issued estimates for Secure Energy Services’ FY2026 earnings at $1.01 EPS and FY2027 earnings at $1.23 EPS.

Several other research firms have also recently commented on SES. BMO Capital Markets boosted their price target on Secure Energy Services from C$14.00 to C$16.00 and gave the stock an “outperform” rating in a research note on Wednesday. National Bankshares upped their target price on Secure Energy Services from C$13.00 to C$14.00 in a report on Wednesday. ATB Capital upped their target price on Secure Energy Services from C$14.50 to C$15.00 and gave the company an “outperform” rating in a report on Wednesday. CIBC upped their target price on Secure Energy Services from C$12.00 to C$13.00 in a report on Monday, July 15th. Finally, Stifel Nicolaus upped their target price on Secure Energy Services from C$12.50 to C$13.50 and gave the company a “buy” rating in a report on Thursday, April 18th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of C$13.97.

Secure Energy Services Trading Down 0.2 %

TSE:SES opened at C$12.16 on Friday. The company has a debt-to-equity ratio of 28.54, a quick ratio of 1.10 and a current ratio of 1.71. Secure Energy Services has a one year low of C$6.64 and a one year high of C$12.53. The business’s 50-day simple moving average is C$11.70 and its 200 day simple moving average is C$11.27. The stock has a market cap of C$3.20 billion, a price-to-earnings ratio of 6.27, a price-to-earnings-growth ratio of 0.17 and a beta of 2.55.

Secure Energy Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Monday, July 1st were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 3.29%. The ex-dividend date was Monday, July 1st. Secure Energy Services’s payout ratio is currently 20.62%.

Insider Buying and Selling at Secure Energy Services

In related news, Senior Officer Michael Wayne Callihoo acquired 3,600 shares of the business’s stock in a transaction dated Thursday, May 9th. The stock was bought at an average price of C$11.16 per share, for a total transaction of C$40,176.00. In other Secure Energy Services news, Senior Officer Allen Peter Gransch bought 106,620 shares of Secure Energy Services stock in a transaction dated Thursday, June 20th. The stock was bought at an average price of C$11.66 per share, for a total transaction of C$1,243,189.20. Also, Senior Officer Michael Wayne Callihoo bought 3,600 shares of Secure Energy Services stock in a transaction dated Thursday, May 9th. The stock was acquired at an average price of C$11.16 per share, with a total value of C$40,176.00. In the last ninety days, insiders bought 323,569 shares of company stock valued at $3,752,369. 0.93% of the stock is owned by corporate 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.