Total Energy Services Inc. (TSE:TOT) Director Glenn Orval James Dagenais Purchases 2,300 Shares

Total Energy Services Inc. (TSE:TOT) Director Glenn Orval James Dagenais acquired 2,300 shares of the business’s stock in a transaction on Friday, May 24th. The shares were bought at an average cost of C$9.23 per share, with a total value of C$21,229.00.

Total Energy Services Trading Down 0.1 %

TOT stock traded down C$0.01 during trading on Friday, hitting C$9.16. The company had a trading volume of 30,183 shares, compared to its average volume of 48,230. The firm has a 50-day moving average price of C$9.92 and a 200-day moving average price of C$9.07. Total Energy Services Inc. has a 12 month low of C$7.36 and a 12 month high of C$10.85. The company has a quick ratio of 1.09, a current ratio of 1.70 and a debt-to-equity ratio of 20.49. The stock has a market cap of C$365.94 million, a price-to-earnings ratio of 9.07, a PEG ratio of 1.77 and a beta of 2.09.

Total Energy Services (TSE:TOT) last announced its quarterly earnings data on Thursday, March 7th. The company reported C($0.19) earnings per share for the quarter, missing the consensus estimate of C$0.35 by C($0.54). Total Energy Services had a return on equity of 7.90% and a net margin of 4.66%. The firm had revenue of C$213.76 million for the quarter, compared to the consensus estimate of C$218.00 million. As a group, analysts predict that Total Energy Services Inc. will post 1.8544061 earnings per share for the current year.

Total Energy Services Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Monday, April 15th were paid a dividend of $0.09 per share. This is a positive change from Total Energy Services’s previous quarterly dividend of $0.08. The ex-dividend date was Wednesday, March 27th. This represents a $0.36 annualized dividend and a yield of 3.93%. Total Energy Services’s dividend payout ratio (DPR) is presently 35.64%.

Analysts Set New Price Targets

TOT has been the topic of a number of recent analyst reports. Stifel Nicolaus boosted their price objective on Total Energy Services from C$15.00 to C$16.00 in a research note on Monday, March 11th. ATB Capital upped their price target on shares of Total Energy Services from C$16.75 to C$17.00 in a research report on Monday, March 11th.

Total Energy Services Company Profile

Total Energy Services Inc operates as an energy services company primarily in Canada, the United States, and Australia. It operates through Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services and Well Servicing segments. The Contract Drilling Services segment operates a fleet of various drilling rigs supported by an extensive fleet of owned top drives, walking systems, pumps, and other ancillary equipment.