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

Secure Energy Services Inc. (TSE:SES) – Equities researchers at Raymond James reduced their FY2025 EPS estimates for shares of Secure Energy Services in a research report issued on Friday, April 26th. Raymond James analyst M. Barth now anticipates that the company will post earnings per share of $0.75 for the year, down from their prior forecast of $0.84. Raymond James currently has a “Outperform” rating and a $13.50 price objective 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 EPS for the quarter, hitting analysts’ consensus estimates of C$0.20. Secure Energy Services had a net margin of 2.36% and a return on equity of 15.91%. The firm had revenue of C$451.00 million during the quarter, compared to analysts’ expectations of C$429.00 million.

Other equities analysts have also recently issued reports about the stock. ATB Capital lifted their price target on shares of Secure Energy Services from C$13.00 to C$14.00 and gave the stock an “outperform” rating in a research note on Friday. Stifel Nicolaus lifted their price target on shares of Secure Energy Services from C$12.50 to C$13.50 and gave the stock a “buy” rating in a research note on Thursday, April 18th. BMO Capital Markets lifted their price target on shares of Secure Energy Services from C$13.00 to C$14.00 in a research note on Tuesday, April 23rd. National Bankshares boosted their price objective on shares of Secure Energy Services from C$12.00 to C$13.00 and gave the company an “outperform” rating in a research report on Tuesday, February 27th. Finally, Cormark boosted their price objective on shares of Secure Energy Services from C$12.00 to C$14.00 and gave the company a “buy” rating in a research report on Tuesday, February 27th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, Secure Energy Services presently has an average rating of “Moderate Buy” and a consensus price target of C$13.25.

Secure Energy Services Price Performance

SES stock opened at C$11.59 on Monday. Secure Energy Services has a 12 month low of C$5.81 and a 12 month high of C$11.92. The company has a current ratio of 2.52, a quick ratio of 1.10 and a debt-to-equity ratio of 92.92. The company has a 50-day moving average price of C$11.29 and a 200 day moving average price of C$9.73. The stock has a market cap of C$3.25 billion, a PE ratio of 17.83, a P/E/G ratio of 0.17 and a beta of 2.58.

Secure Energy Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Monday, April 1st were given a $0.10 dividend. The ex-dividend date was Thursday, March 28th. This represents a $0.40 annualized dividend and a yield of 3.45%. Secure Energy Services’s dividend payout ratio (DPR) is 61.54%.

Insider Buying and Selling at Secure Energy Services

In other news, Director Rene Amirault sold 731,807 shares of the business’s stock in a transaction dated 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. In other news, Director Rene Amirault sold 731,807 shares of the business’s stock in a transaction dated 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. Also, Senior Officer Michael Wayne Callihoo sold 8,000 shares of the business’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of C$11.25, for a total transaction of C$90,000.00. Insiders sold a total of 816,914 shares of company stock valued at $9,285,153 in the last three months. Company insiders own 0.88% of the company’s stock.

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.