Insider Buying: Total Energy Services (TSE:TOT) Director Buys 5,000 Shares of Stock

Total Energy Services Inc. (TSE:TOT) Director Daniel Kim Halyk purchased 5,000 shares of Total Energy Services stock in a transaction on Monday, May 25th. The stock was bought at an average price of C$25.59 per share, with a total value of C$127,950.00. Following the completion of the acquisition, the director directly owned 2,245,000 shares of the company’s stock, valued at approximately C$57,449,550. This trade represents a 0.22% increase in their position.

Total Energy Services Stock Down 5.9%

TSE:TOT traded down C$1.60 during trading hours on Monday, reaching C$25.57. The company had a trading volume of 122,222 shares, compared to its average volume of 104,382. The company has a quick ratio of 1.09, a current ratio of 1.35 and a debt-to-equity ratio of 11.42. The firm has a market cap of C$937.52 million, a price-to-earnings ratio of 12.12, a P/E/G ratio of 1.77 and a beta of 0.54. The business’s 50-day simple moving average is C$23.21 and its two-hundred day simple moving average is C$18.49. Total Energy Services Inc. has a twelve month low of C$10.08 and a twelve month high of C$27.58.

Total Energy Services (TSE:TOT) last posted its quarterly earnings results on Tuesday, May 12th. The company reported C$0.65 EPS for the quarter. The business had revenue of C$314.90 million during the quarter. Total Energy Services had a net margin of 7.04% and a return on equity of 13.24%. On average, equities analysts expect that Total Energy Services Inc. will post 2.0517598 earnings per share for the current year.

Total Energy Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Tuesday, March 31st. Total Energy Services’s dividend payout ratio (DPR) is currently 19.91%.

Analyst Upgrades and Downgrades

Separately, ATB Cormark Capital Markets upped their price objective on shares of Total Energy Services from C$20.00 to C$24.00 in a report on Thursday, March 12th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Total Energy Services has a consensus rating of “Buy” and a consensus price target of C$24.00.

Total Energy Services Company Profile

Total Energy Services Inc is an energy services company. The operating segments of the company are Contract Drilling Services, Rentals & Transportation Services, Compression & Process Service, Well servicing, and Corporate. The company’s operations are conducted in Canada, the United States of America, and Australia.