Secure Energy Services Inc. Forecasted to Post FY2026 Earnings of $1.20 Per Share (TSE:SES)

Secure Energy Services Inc. (TSE:SESFree Report) – Equities researchers at Raymond James issued their FY2026 earnings per share estimates for Secure Energy Services in a research report issued to clients and investors on Tuesday, January 16th. Raymond James analyst M. Barth forecasts that the company will earn $1.20 per share for the year. Raymond James has a “Outperform” rating and a $13.00 price target on the stock. The consensus estimate for Secure Energy Services’ current full-year earnings is $0.66 per share. Raymond James also issued estimates for Secure Energy Services’ FY2027 earnings at $1.44 EPS.

A number of other equities analysts have also recently commented on SES. Cormark lifted their price target on shares of Secure Energy Services from C$10.50 to C$12.00 and gave the stock a “buy” rating in a research note on Tuesday, December 12th. Stifel Nicolaus raised their price target on Secure Energy Services from C$10.00 to C$11.25 and gave the stock a “buy” rating in a research note on Tuesday, December 12th. National Bankshares increased their target price on Secure Energy Services from C$8.50 to C$10.50 and gave the stock an “outperform” rating in a research note on Tuesday, December 12th. ATB Capital lifted their target price on Secure Energy Services from C$9.00 to C$10.50 and gave the stock an “outperform” rating in a research report on Tuesday, December 12th. Finally, Royal Bank of Canada upped their price target on shares of Secure Energy Services from C$9.00 to C$11.00 and gave the stock a “sector perform” rating in a report on Thursday, December 14th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, Secure Energy Services currently has a consensus rating of “Moderate Buy” and a consensus target price of C$10.83.

Check Out Our Latest Research Report on SES

Secure Energy Services Stock Performance

Secure Energy Services stock opened at C$10.05 on Thursday. The company has a quick ratio of 1.10, a current ratio of 1.14 and a debt-to-equity ratio of 91.79. Secure Energy Services has a twelve month low of C$5.81 and a twelve month high of C$10.15. The company’s 50-day moving average price is C$8.77 and its 200-day moving average price is C$7.76. The company has a market cap of C$2.91 billion, a PE ratio of 18.27, a price-to-earnings-growth ratio of 0.17 and a beta of 2.52.

Secure Energy Services (TSE:SESGet Free Report) last announced its quarterly earnings results on Wednesday, November 1st. The company reported C$0.16 earnings per share for the quarter, missing the consensus estimate of C$0.20 by C($0.04). Secure Energy Services had a return on equity of 13.79% and a net margin of 2.12%. The business had revenue of C$427.00 million during the quarter, compared to the consensus estimate of C$417.50 million.

Secure Energy Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 15th. Shareholders of record on Monday, January 1st were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $0.40 dividend on an annualized basis and a yield of 3.98%. Secure Energy Services’s payout ratio is 72.73%.

Insiders Place Their Bets

In other news, Senior Officer Allen Peter Gransch sold 3,920 shares of the company’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of C$8.65, for a total value of C$33,903.69. In other Secure Energy Services news, Senior Officer Allen Peter Gransch sold 3,920 shares of Secure Energy Services stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of C$8.65, for a total transaction of C$33,903.69. Also, Director Mark Bly purchased 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The stock was bought at an average cost of C$8.36 per share, with a total value of C$167,218.00. Corporate insiders own 1.38% of the company’s stock.

Secure Energy Services Company Profile

(Get Free Report)

Secure Energy Services Inc, an energy services company, provides solutions to upstream oil and natural gas companies operating primarily in Canada and the United States. It operates through two segments, Midstream Infrastructure, and Environmental and Fluid Management. The Midstream Infrastructure segment provides processing, storing, shipping, and marketing of crude oil; and transports oil and water through pipelines, as well as engages in oil production processing and disposal, and water disposal; and crude oil emulsion treatment activities.

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