Should I buy or sell STEP Energy Services stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for STEP Energy Services in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" STEP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STEP, but not buy additional shares or sell existing shares. View STEP analyst ratings or view top-rated stocks .

What is STEP Energy Services' stock price target for 2024?

5 analysts have issued 12 month price targets for STEP Energy Services' shares. Their STEP share price targets range from C$4.50 to C$6.50. On average, they expect the company's share price to reach C$5.38 in the next year. This suggests a possible upside of 36.8% from the stock's current price. View analysts price targets for STEP or view top-rated stocks among Wall Street analysts .

How have STEP shares performed in 2024?

STEP Energy Services' stock was trading at C$3.92 at the beginning of the year. Since then, STEP stock has increased by 0.3% and is now trading at C$3.93. View the best growth stocks for 2024 here .

When is STEP Energy Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our STEP earnings forecast .

What other stocks do shareholders of STEP Energy Services own?

Based on aggregate information from My MarketBeat watchlists, some companies that other STEP Energy Services investors own include Trican Well Service (TCW) , Precision Drilling (PD) , Baytex Energy (BTE) , Calfrac Well Services (CFW) , Aurora Cannabis (ACB) , NuVista Energy (NVA) , Argonaut Gold (AR) , Athabasca Oil (ATH) , Bellatrix Exploration (BXE) and MEG Energy (MEG) .

How do I buy shares of STEP Energy Services?

Shares of STEP stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:STEP

STEP Energy Services (STEP) Stock Price, News & Analysis

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C$3.95

+0.05 (+1.28%)

(As of 01:23 PM ET)

Compare

Today's Range: C$3.90
▼
C$3.97
50-Day Range: C$3.48
▼
C$4.64
52-Week Range: C$2.63
▼
C$4.82

Volume: 20,457 shs
Average Volume: 127,440 shs
Market Capitalization: C$282.27 million

P/E Ratio: 5.90
Dividend Yield: N/A
Price Target: C$5.38

Stock Analysis Analyst Forecasts Chart Competitors Headlines Insider Trades

Get STEP Energy Services alerts:

STEP Energy Services MarketRank™ Stock Analysis

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 36.8% Upside
C$5.38 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
C$63,094 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.60 out of 5 stars

3.2

Analyst's Opinion

Consensus Rating
STEP Energy Services has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
STEP Energy Services has only been the subject of 4 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for STEP.

0.0

Dividend Strength

Dividend Yield
STEP Energy Services does not currently pay a dividend.
Dividend Growth
STEP Energy Services does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for STEP.

2.0

News and Social Media Coverage

News Sentiment
STEP Energy Services has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.
Search Interest
8 people have searched for STEP on MarketBeat in the last 30 days. This is an increase of 167% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, STEP Energy Services insiders have bought 187.17% more of their company's stock than they have sold. Specifically, they have bought C$63,094.00 in company stock and sold C$21,971.00 in company stock.
Percentage Held by Insiders
Only 0.43% of the stock of STEP Energy Services is held by insiders.
Percentage Held by Institutions
57.34% of the stock of STEP Energy Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of STEP Energy Services is 5.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.39.
Price to Earnings Ratio vs. Sector
The P/E ratio of STEP Energy Services is 5.87, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 97.56.
Price to Book Value per Share Ratio
STEP Energy Services has a P/B Ratio of 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About STEP Energy Services Stock (TSE:STEP)

STEP Energy Services Ltd., an energy services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States. It also provides fluid pumping services for coiled tubing operations and involved in standalone projects; pipeline commissioning and maintenance services; fracturing logistics services; and laboratory services. In addition, the company offers pipeline, facility maintenance, pipeline pigging, and purging services. STEP Energy Services Ltd. was incorporated in 2011 and is headquartered in Calgary, Canada.

STEP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

STEP Stock News Headlines

March 23, 2024 | insidertrades.com

Michael Edward Burvill Sells 6,218 Shares of STEP Energy Services Ltd. (TSE:STEP) Stock

March 20, 2024 | insidertrades.com

STEP Energy Services Ltd. (TSE:STEP) Senior Officer Purchases C$50,293.60 in Stock

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April 11, 2024 | finance.yahoo.com

Investing in STEP Energy Services (TSE:STEP) three years ago would have delivered you a 225% gain

April 9, 2024 | americanbankingnews.com

STEP Energy Services (TSE:STEP) Price Target Cut to C$6.50

April 8, 2024 | wsj.com

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STEP ENERGY SERVICES LTD

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STEP Energy Services is about to announce earnings — here's what Wall Street expects

March 5, 2024 | msn.com

JPMorgan’s Jamie Dimon Leads the Way: First Big Bank to Disclose Key Clean Energy Metric

March 3, 2024 | uk.finance.yahoo.com

Mammoth Energy Services Full Year 2023 Earnings: US$0.066 loss per share (vs US$0.013 loss in FY 2022)

February 25, 2024 | msn.com

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See More Headlines

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Company Calendar

Today: 4/19/2024
Next Earnings (Estimated): 5/08/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Energy
Industry: Oil & Gas Equipment & Services
Sub-Industry: N/A
Current Symbol: TSE:STEP
CUSIP: N/A
CIK: N/A
Web: www.stepenergyservices.com
Phone: 403-457-1772
Fax: N/A
Employees: 1,432
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$5.38
High Stock Price Target: C$6.50
Low Stock Price Target: C$4.50
Potential Upside/Downside: +37.8%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.67
Trailing P/E Ratio: 5.82
Forward P/E Ratio: 3.98
P/E Growth: N/A
Net Income: C$50.42 million
Net Margins: 5.33%
Pretax Margin: N/A
Return on Equity: 15.24%
Return on Assets: 7.55%

Debt

Debt-to-Equity Ratio: 32.47
Current Ratio: 1.37
Quick Ratio: 1.11

Sales & Book Value

Annual Sales: C$945.72 million
Price / Sales: 0.29
Cash Flow: C$0.02 per share
Price / Cash Flow: 202.40
Book Value: C$4.92 per share
Price / Book: 0.79

Miscellaneous

Outstanding Shares: 71,460,000
Free Float: N/A
Market Cap: C$278.69 million
Optionable: Not Optionable
Beta: 2.25

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Key Executives

Mr. Stephen Glanville (Age 50)
President, CEO & Director
Comp: $1.26M
Mr. Klaas Deemter C.M.A. (Age 48)
CPA, Chief Financial Officer
Comp: $773.96k
Mr. Rory Thompson (Age 47)
Chief Operating Officer
Comp: $776.36k
Mr. Joshua Kane (Age 41)
VP of Legal & General Counsel
Comp: $436.71k
Ms. Diana Christine Crawford
Vice President of Sustainability & Communications
Ms. Tara Lynn Boucher
Vice President of Human Resource

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

STEP Stock Analysis - Frequently Asked Questions

Should I buy or sell STEP Energy Services stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for STEP Energy Services in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" STEP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STEP, but not buy additional shares or sell existing shares.
View STEP analyst ratings or view top-rated stocks.
What is STEP Energy Services' stock price target for 2024?: 5 analysts have issued 12 month price targets for STEP Energy Services' shares. Their STEP share price targets range from C$4.50 to C$6.50. On average, they expect the company's share price to reach C$5.38 in the next year. This suggests a possible upside of 36.8% from the stock's current price.
View analysts price targets for STEP or view top-rated stocks among Wall Street analysts.
How have STEP shares performed in 2024?: STEP Energy Services' stock was trading at C$3.92 at the beginning of the year. Since then, STEP stock has increased by 0.3% and is now trading at C$3.93.
View the best growth stocks for 2024 here.
When is STEP Energy Services' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our STEP earnings forecast.

What other stocks do shareholders of STEP Energy Services own?: Based on aggregate information from My MarketBeat watchlists, some companies that other STEP Energy Services investors own include Trican Well Service (TCW), Precision Drilling (PD), Baytex Energy (BTE), Calfrac Well Services (CFW), Aurora Cannabis (ACB), NuVista Energy (NVA), Argonaut Gold (AR), Athabasca Oil (ATH), Bellatrix Exploration (BXE) and MEG Energy (MEG).
How do I buy shares of STEP Energy Services?: Shares of STEP stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:STEP) was last updated on 4/19/2024 by MarketBeat.com Staff

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STEP Energy Services (STEP) Stock Price, News & Analysis

STEP Energy Services MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

Search Interest

Company Ownership

Earnings and Valuation

About STEP Energy Services Stock (TSE:STEP)

STEP Stock Price History

STEP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

STEP Stock Analysis - Frequently Asked Questions

Overall MarketRank^™