Insider Buying: Total Energy Services (TSE:TOT) Director Buys 610 Shares

Key Points

  • Total Energy Services director Jessica Kirstine bought 610 shares at C$23.53 each, a transaction worth C$14,353.30, increasing her direct ownership by 4.52% to 14,120 shares.
  • The stock was trading near C$23.56, with a 52-week range of C$10.63 to C$27.58, and the company shows a market cap of about C$863.8 million and a P/E ratio of 11.17.
  • Analysts remain bullish: ATB Cormark raised its target from C$32 to C$33 and kept an outperform rating, while the broader consensus rating is Buy with a C$33 target price.

Total Energy Services Inc. (TSE:TOT - Get Free Report) Director Jessica Kirstine purchased 610 shares of the firm's stock in a transaction dated Tuesday, July 14th. The shares were bought at an average cost of C$23.53 per share, for a total transaction of C$14,353.30. Following the completion of the purchase, the director directly owned 14,120 shares of the company's stock, valued at C$332,243.60. The trade was a 4.52% increase in their ownership of the stock.

Total Energy Services Stock Performance

Shares of Total Energy Services stock opened at C$23.56 on Wednesday. The company has a debt-to-equity ratio of 11.42, a current ratio of 1.35 and a quick ratio of 1.09. The firm has a 50 day simple moving average of C$23.83 and a 200 day simple moving average of C$20.69. Total Energy Services Inc. has a fifty-two week low of C$10.63 and a fifty-two week high of C$27.58. The firm has a market cap of C$863.83 million, a P/E ratio of 11.17, a P/E/G ratio of 1.77 and a beta of 0.76.

Total Energy Services (TSE:TOT - Get Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The company reported C$0.65 earnings per share (EPS) for the quarter. The firm had revenue of C$314.90 million for the quarter. Total Energy Services had a return on equity of 13.24% and a net margin of 7.04%. Sell-side analysts predict that Total Energy Services Inc. will post 2.0517598 earnings per share for the current fiscal year.

Analyst Ratings Changes




Separately, ATB Cormark Capital Markets upped their price target on Total Energy Services from C$32.00 to C$33.00 and gave the company an "outperform" rating in a research note on Friday, July 10th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, Total Energy Services currently has a consensus rating of "Buy" and a consensus target price of C$33.00.

View Our Latest Stock Report on TOT

About Total Energy Services

(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.

Further Reading

Insider Buying and Selling by Quarter for Total Energy Services (TSE:TOT)

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