Secure Energy Services (TSE:SES – Free Report) had its price target boosted by CIBC from C$12.00 to C$13.00 in a research report sent to investors on Monday, BayStreet.CA reports.
A number of other equities research analysts also recently commented on the company. BMO Capital Markets upped their price objective on Secure Energy Services from C$13.00 to C$14.00 in a report on Tuesday, April 23rd. ATB Capital upped their price objective on Secure Energy Services from C$13.00 to C$14.00 and gave the company an outperform rating in a report on Friday, April 26th. Raymond James upped their price objective on Secure Energy Services from C$13.25 to C$13.50 and gave the company an outperform rating in a report on Friday, April 26th. Finally, Stifel Nicolaus upped their price objective on Secure Energy Services from C$12.50 to C$13.50 and gave the company a buy rating in a report on Thursday, April 18th. Two 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.com, the stock currently has a consensus rating of Moderate Buy and a consensus price target of C$13.38.
Get Our Latest Report on Secure Energy Services
Secure Energy Services Trading Down 0.7 %
Secure Energy Services (TSE:SES – Get Free Report) last released its earnings results on Thursday, April 25th. The company reported C$0.04 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.16 by C($0.12). The firm had revenue of C$360.00 million for the quarter, compared to the consensus estimate of C$351.30 million. Secure Energy Services had a return on equity of 41.83% and a net margin of 6.12%. As a group, equities research analysts expect that Secure Energy Services will post 0.699877 EPS for the current year.
Secure Energy Services Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Monday, July 1st were paid a $0.10 dividend. The ex-dividend date was Monday, July 1st. This represents a $0.40 dividend on an annualized basis and a yield of 3.42%. Secure Energy Services’s payout ratio is 20.62%.
Insider Buying and Selling at Secure Energy Services
In other Secure Energy Services news, Director Rene Amirault sold 43,125 shares of the business’s stock in a transaction dated Tuesday, June 18th. The stock was sold at an average price of C$11.95, for a total value of C$515,343.75. In other news, Senior Officer Allen Peter Gransch acquired 106,620 shares of Secure Energy Services stock in a transaction dated Thursday, June 20th. The stock was bought at an average cost of C$11.66 per share, with a total value of C$1,243,189.20. Also, Director Rene Amirault sold 43,125 shares of the company’s stock in a transaction dated Tuesday, June 18th. The stock was sold at an average price of C$11.95, for a total value of C$515,343.75. Over the last ninety days, insiders acquired 323,569 shares of company stock valued at $3,752,369 and sold 173,125 shares valued at $2,018,144. Insiders own 0.93% 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.
Featured Articles
- Five stocks we like better than Secure Energy Services
- The 3 Best Fintech Stocks to Buy Now
- Real Estate Stock Signals a Boom in Manufacturing Activity
- What is the Shanghai Stock Exchange Composite Index?
- This Medical Giant’s Stock Rebounds: A 15% Upside Is the Minimum
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Financial Giant’s Shares Soar on EPS Beat and Record Asset Levels
Receive News & Ratings for Secure Energy Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Secure Energy Services and related companies with MarketBeat.com's FREE daily email newsletter.