Raymond James Analysts Cut Earnings Estimates for TSE:SES

Secure Energy Services Inc. (TSE:SES) – Equities research analysts at Raymond James lowered their FY2026 earnings per share estimates for shares of Secure Energy Services in a research note issued to investors on Wednesday, April 9th. Raymond James analyst M. Barth now expects that the company will post earnings per share of $0.98 for the year, down from their prior estimate of $1.02. The consensus estimate for Secure Energy Services’ current full-year earnings is $0.77 per share.

SES has been the subject of several other research reports. Royal Bank of Canada set a C$17.00 price target on shares of Secure Energy Services and gave the stock a “sector perform” rating in a research report on Thursday, December 19th. Scotiabank cut their target price on Secure Energy Services from C$22.00 to C$19.50 and set an “outperform” rating on the stock in a research report on Tuesday, April 8th. Finally, CIBC lowered their price target on Secure Energy Services from C$17.25 to C$15.25 in a research report on Thursday, April 10th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$17.81.

Secure Energy Services Trading Up 0.6 %

Shares of SES stock opened at C$12.58 on Monday. The firm’s 50-day simple moving average is C$14.42 and its 200-day simple moving average is C$15.04. The company has a debt-to-equity ratio of 48.24, a current ratio of 1.13 and a quick ratio of 1.10. Secure Energy Services has a 1-year low of C$10.81 and a 1-year high of C$17.13. The firm has a market cap of C$2.93 billion, a P/E ratio of 4.93, a PEG ratio of 0.17 and a beta of 2.41.

About Secure Energy Services

Secure Waste Infrastructure Corp. provides fluids and solids solutions to the oil and gas industry. It operates in two segments: Midstream Infrastructure and Environmental & Fluid Management. Midstream Infrastructure owns and operates a network of facilities throughout western Canada, North Dakota, and Oklahoma.