Secure Energy Services Inc. Forecasted to Post FY2025 Earnings of $0.75 Per Share (TSE:SES)

Secure Energy Services Inc. (TSE:SES) – Equities research analysts at Raymond James lowered their FY2025 earnings per share (EPS) estimates for Secure Energy Services in a research note issued to investors on Friday, April 26th. Raymond James analyst M. Barth now anticipates that the company will post earnings of $0.75 per share for the year, down from their prior forecast of $0.84. Raymond James has a “Outperform” rating and a $13.50 price target 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.

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

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

Secure Energy Services Trading Up 0.3 %

TSE:SES opened at C$11.59 on Monday. 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 1-year low of C$5.81 and a 1-year high of C$11.92. The firm has a market capitalization of C$3.25 billion, a price-to-earnings ratio of 17.83, a price-to-earnings-growth ratio of 0.17 and a beta of 2.58. The stock has a fifty day simple moving average of C$11.29 and a 200 day simple moving average of C$9.73.

Insider Activity at Secure Energy Services

In related news, Director Rene Amirault sold 731,807 shares of the firm’s stock in a transaction on Thursday, March 21st. The stock was sold at an average price of C$11.35, for a total transaction of C$8,302,496.78. In other news, Senior Officer Michael Wayne Callihoo sold 12,107 shares of Secure Energy Services stock in a transaction on Thursday, March 21st. The stock was sold at an average price of C$11.35, for a total value of C$137,356.34. Also, Director Rene Amirault sold 731,807 shares of Secure Energy Services stock in a transaction on Thursday, March 21st. The shares were sold at an average price of C$11.35, for a total value of C$8,302,496.78. Insiders sold 816,914 shares of company stock valued at $9,285,153 in the last three months. Corporate insiders own 0.88% of the company’s stock.

Secure Energy Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Monday, April 1st were issued a dividend of $0.10 per share. The ex-dividend date was Thursday, March 28th. This represents a $0.40 dividend on an annualized basis and a yield of 3.45%. Secure Energy Services’s dividend payout ratio is 61.54%.

Secure Energy Services Company Profile

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.