Total Energy Services (TSE:TOT) Director Purchases C$34,665.60 in Stock

Total Energy Services Inc. (TSE:TOT) Director Glenn Orval James Dagenais bought 1,570 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were purchased at an average cost of C$22.08 per share, with a total value of C$34,665.60. Following the completion of the acquisition, the director owned 78,165 shares in the company, valued at approximately C$1,725,883.20. This represents a 2.05% increase in their ownership of the stock.

Glenn Orval James Dagenais also recently made the following trade(s):

• On Monday, March 30th, Glenn Orval James Dagenais purchased 1,570 shares of Total Energy Services stock. The shares were purchased at an average cost of C$23.47 per share, for a total transaction of C$36,847.90.

Total Energy Services Stock Performance

Shares of TSE TOT opened at C$21.71 on Friday. The company has a market capitalization of C$796.00 million, a PE ratio of 10.29, a price-to-earnings-growth ratio of 1.77 and a beta of 0.70. The company has a debt-to-equity ratio of 11.42, a quick ratio of 1.09 and a current ratio of 1.35. The company’s fifty day moving average price is C$24.00 and its 200 day moving average price is C$19.77. Total Energy Services Inc. has a 1 year low of C$10.50 and a 1 year high of C$27.58.

Total Energy Services (TSE:TOT) last released its quarterly earnings data on Tuesday, May 12th. The company reported C$0.65 earnings per share for the quarter. The company 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, research analysts predict that Total Energy Services Inc. will post 2.0517598 earnings per share for the current year.

Total Energy Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Tuesday, March 31st. Total Energy Services’s payout ratio is currently 19.91%.

Wall Street Analyst Weigh In

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