FY2025 EPS Estimates for TSE:SES Reduced by Raymond James

Secure Energy Services Inc. (TSE:SES) – Analysts at Raymond James cut their FY2025 earnings estimates for Secure Energy Services in a research report issued on Wednesday, April 9th. Raymond James analyst M. Barth now anticipates that the company will post earnings of $0.80 per share for the year, down from their prior estimate of $0.84. The consensus estimate for Secure Energy Services’ current full-year earnings is $0.77 per share. Raymond James also issued estimates for Secure Energy Services’ FY2027 earnings at $1.30 EPS.

Several other research analysts have also recently commented on the company. Scotiabank cut their price target on Secure Energy Services from C$22.00 to C$19.50 and set an “outperform” rating on the stock in a research note on Tuesday. CIBC dropped their price target on shares of Secure Energy Services from C$17.25 to C$15.25 in a research note on Thursday. Finally, Royal Bank of Canada set a C$17.00 price objective on shares of Secure Energy Services and gave the company a “sector perform” rating in a research note on Thursday, December 19th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$17.81.

Secure Energy Services Stock Performance

Shares of SES stock opened at C$12.55 on Friday. The company has a debt-to-equity ratio of 48.24, a current ratio of 1.13 and a quick ratio of 1.10. The company’s fifty day moving average price is C$14.52 and its two-hundred day moving average price is C$15.04. The firm has a market capitalization of C$2.92 billion, a P/E ratio of 4.92, a P/E/G ratio of 0.17 and a beta of 2.41. Secure Energy Services has a 12 month low of C$10.81 and a 12 month high of C$17.13.

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.