Key Points
- Insider purchase: An insider bought 46,738 shares on April 8 at an average price of C$21.78, spending C$1,017,953.64 and increasing their holding from zero.
- Company view and metrics: Shares opened at C$21.71 (down ~5%), market cap ~C$797M with a PE of 11.13 and recent quarterly EPS of C$1.50 on C$301.7M revenue; ATB Cormark raised its price target to C$24 and the consensus rating is Buy.
Total Energy Services Inc. (TSE:TOT - Get Free Report) insider Total Energy Services Inc purchased 46,738 shares of the company's stock in a transaction on Wednesday, April 8th. The shares were purchased at an average price of C$21.78 per share, for a total transaction of C$1,017,953.64. Following the purchase, the insider owned 46,738 shares in the company, valued at approximately C$1,017,953.64. The trade was a ∞ increase in their position.
Total Energy Services Stock Down 5.0%
Total Energy Services stock opened at C$21.71 on Friday. The company has a debt-to-equity ratio of 13.67, a quick ratio of 1.09 and a current ratio of 1.41. The business's 50-day simple moving average is C$20.20 and its two-hundred day simple moving average is C$16.70. The company has a market cap of C$797.02 million, a PE ratio of 11.13, a PEG ratio of 1.77 and a beta of 0.34. Total Energy Services Inc. has a fifty-two week low of C$8.79 and a fifty-two week high of C$23.80.
Total Energy Services (TSE:TOT - Get Free Report) last posted its quarterly earnings results on Tuesday, March 10th. The company reported C$1.50 earnings per share for the quarter. The business had revenue of C$301.71 million for the quarter. Total Energy Services had a return on equity of 12.57% and a net margin of 6.97%. Equities analysts anticipate that Total Energy Services Inc. will post 2.0517598 EPS for the current year.
Total Energy Services Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Tuesday, March 31st. Total Energy Services's payout ratio is 20.51%.
Analysts Set New Price Targets
Separately, ATB Cormark Capital Markets boosted their price objective on Total Energy Services from C$20.00 to C$24.00 in a report on Thursday, March 12th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of C$24.00.
Check Out Our Latest Report on TOT
Total Energy Services Company Profile
(
Get Free Report)
Total Energy Services Inc is an energy services company. The operating segments of the company are Contract Drilling Services, Rentals & Transportation Services, Compression & Process Service, Well servicing, and Corporate. The company's operations are conducted in Canada, the United States of America, and Australia.
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