Total Energy Services (TOT) Announces Quarterly Earnings, Beats Expectations By $0.16 EPS
Total Energy Services (TSE:TOT) issued its quarterly earnings data on Thursday. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.16, Analyst Ratings Network.com reports.
Several analysts have recently commented on the stock. Analysts at CIBC downgraded shares of Total Energy Services from an “outperform” rating to a “sector perform” rating in a research note on Monday, July 21st. Analysts at Paradigm Capital raised their price target on shares of Total Energy Services from C$23.00 to C$23.50 in a research note on Tuesday, July 15th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of C$24.50.
Total Energy Services (TSE:TOT) opened at 22.25 on Thursday. Total Energy Services has a 1-year low of $15.68 and a 1-year high of $24.00. The stock has a 50-day moving average of $22.51 and a 200-day moving average of $21.32. The company has a market cap of $694.9 million and a price-to-earnings ratio of 16.80.
Total Energy Services Incis an energy service company. It is engaged in providing contract drilling services, rental and transportation of equipment used in oil and natural gas drilling, completion and production processes and the fabrication, sale, rental and servicing of natural gas compression equipment to oil and gas exploration and production companies located primarily in western Canada.
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