Shares of Secure Energy Services Inc. (TSE:SES – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the ten research firms that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$14.88.
SES has been the topic of a number of research analyst reports. CIBC upped their price target on Secure Energy Services from C$12.00 to C$13.00 in a report on Monday, July 15th. ATB Capital upped their target price on shares of Secure Energy Services from C$14.50 to C$15.00 and gave the company an “outperform” rating in a research note on Wednesday, July 31st. Eight Capital set a C$20.00 price target on shares of Secure Energy Services and gave the company a “buy” rating in a report on Wednesday, October 9th. Scotiabank set a C$16.00 price objective on shares of Secure Energy Services and gave the company an “outperform” rating in a report on Friday, October 4th. Finally, BMO Capital Markets raised their target price on shares of Secure Energy Services from C$16.00 to C$17.00 in a report on Tuesday, October 22nd.
Read Our Latest Research Report on Secure Energy Services
Insider Transactions at Secure Energy Services
Secure Energy Services Price Performance
Shares of TSE:SES opened at C$13.65 on Friday. The business has a fifty day moving average price of C$12.50 and a 200-day moving average price of C$11.91. The company has a debt-to-equity ratio of 52.03, a current ratio of 1.15 and a quick ratio of 1.10. The company has a market capitalization of C$3.29 billion, a PE ratio of 6.83, a PEG ratio of 0.17 and a beta of 2.41. Secure Energy Services has a 1-year low of C$7.18 and a 1-year high of C$14.21.
Secure Energy Services (TSE:SES – Get Free Report) last released its quarterly earnings data on Tuesday, July 30th. The company reported C$0.12 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.14 by C($0.02). The firm had revenue of C$337.00 million for the quarter. Secure Energy Services had a net margin of 5.62% and a return on equity of 50.56%. As a group, equities analysts expect that Secure Energy Services will post 0.7671625 EPS for the current fiscal year.
Secure Energy Services Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.93%. The ex-dividend date of this dividend was Tuesday, October 1st. Secure Energy Services’s dividend payout ratio is presently 20.00%.
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.
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