Atb Cap Markets Issues Positive Outlook for TSE:SES Earnings

Secure Energy Services Inc. (TSE:SES) – Equities researchers at Atb Cap Markets lifted their Q1 2025 earnings per share (EPS) estimates for shares of Secure Energy Services in a research report issued to clients and investors on Monday, December 16th. Atb Cap Markets analyst N. Heywood now expects that the company will earn $0.32 per share for the quarter, up from their prior forecast of $0.30. The consensus estimate for Secure Energy Services’ current full-year earnings is $0.77 per share. Atb Cap Markets also issued estimates for Secure Energy Services’ Q2 2025 earnings at $0.20 EPS, Q4 2025 earnings at $0.27 EPS, FY2025 earnings at $1.04 EPS and FY2026 earnings at $1.13 EPS.

Several other brokerages have also recently issued reports on SES. Scotiabank boosted their price target on shares of Secure Energy Services from C$16.00 to C$18.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. BMO Capital Markets upped their target price on Secure Energy Services from C$17.00 to C$20.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. CIBC raised their target price on Secure Energy Services from C$16.00 to C$17.25 in a research note on Tuesday. Eight Capital upped their price target on Secure Energy Services from C$20.00 to C$22.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Finally, National Bankshares increased their price objective on Secure Energy Services from C$14.00 to C$17.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Secure Energy Services presently has an average rating of “Moderate Buy” and a consensus target price of C$16.70.

Secure Energy Services Stock Performance

TSE:SES opened at C$16.16 on Wednesday. The company has a quick ratio of 1.10, a current ratio of 1.15 and a debt-to-equity ratio of 52.03. Secure Energy Services has a twelve month low of C$8.77 and a twelve month high of C$17.13. The stock has a market cap of C$3.89 billion, a P/E ratio of 8.09, a price-to-earnings-growth ratio of 0.17 and a beta of 2.41. The firm’s fifty day simple moving average is C$15.46 and its 200 day simple moving average is C$13.11.

Insider Buying and Selling

In related news, Senior Officer Michael Wayne Callihoo sold 11,400 shares of the business’s stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of C$12.75, for a total transaction of C$145,350.00. Also, Senior Officer Allen Peter Gransch sold 4,011 shares of the company’s stock in a transaction that occurred on Wednesday, October 2nd. The shares were sold at an average price of C$12.20, for a total transaction of C$48,934.20. Over the last quarter, insiders have sold 54,820 shares of company stock worth $805,315. 0.95% of the stock is owned by insiders.

Secure Energy Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $0.40 annualized dividend and a dividend yield of 2.48%. Secure Energy Services’s payout ratio is 20.00%.

Secure Energy Services Company Profile

Secure Energy Services Inc engages in the waste management and energy infrastructure businesses primarily in Canada and the United States. It operates through three segments, Environmental Waste Management, Energy Infrastructure, and Oilfield Services. The Environmental Waste Management segment includes a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer, and metal recycling facilities.