Key Points
- Director Kenneth Brandon Mullen bought 1,205 Total Energy Services shares at an average C$35.58 each, investing approximately C$42,874 and increasing his direct holdings by 4.86% to 26,015 shares.
- Total Energy Services reported quarterly revenue of C$328.96 million and earnings of C$0.72 per share, with a 7.38% net margin and 14.51% return on equity.
- The company announced a quarterly dividend of C$0.12 per share, or C$0.48 annually, yielding about 1.4%; analysts maintain a consensus “Buy” rating with a C$33.00 price target.
Total Energy Services Inc. (TSE:TOT - Get Free Report) Director Kenneth Brandon Mullen acquired 1,205 shares of the firm's stock in a transaction that occurred on Monday, September 21st. The stock was acquired at an average price of C$35.58 per share, with a total value of C$42,873.90. Following the completion of the transaction, the director directly owned 26,015 shares in the company, valued at C$925,613.70. This trade represents a 4.86% increase in their position.
Total Energy Services Stock Performance
Shares of TOT stock opened at C$35.40 on Tuesday. The company has a debt-to-equity ratio of 8.05, a quick ratio of 1.09 and a current ratio of 1.24. Total Energy Services Inc. has a 52 week low of C$13.00 and a 52 week high of C$37.90. The company's 50 day moving average price is C$28.97 and its two-hundred day moving average price is C$25.05. The company has a market capitalization of C$1.29 billion, a P/E ratio of 14.87, a price-to-earnings-growth ratio of 1.77 and a beta of 0.81.
Total Energy Services (TSE:TOT - Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The company reported C$0.72 earnings per share for the quarter. Total Energy Services had a net margin of 7.38% and a return on equity of 14.51%. The company had revenue of C$328.96 million during the quarter. On average, analysts expect that Total Energy Services Inc. will post 2.0517598 earnings per share for the current fiscal year.
Total Energy Services Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 15th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, September 29th. This represents a $0.48 dividend on an annualized basis and a yield of 1.4%. Total Energy Services's dividend payout ratio is presently 18.49%.
Analyst Ratings Changes
Separately, ATB Cormark Capital Markets lifted 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 equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Total Energy Services has a consensus rating of "Buy" and a consensus price target of C$33.00.
Check Out Our Latest Analysis on Total Energy Services
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.
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