Total Energy Services (TSE:TOT – Get Free Report) released its quarterly earnings data on Tuesday. The company reported C$0.59 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of C$343.00 million for the quarter. Total Energy Services had a net margin of 7.38% and a return on equity of 14.51%.
Total Energy Services Stock Up 4.7%
Shares of TOT stock traded up C$1.56 during trading hours on Thursday, reaching C$34.68. The company had a trading volume of 124,133 shares, compared to its average volume of 133,190. Total Energy Services has a 12 month low of C$13.51 and a 12 month high of C$40.64. The company has a debt-to-equity ratio of 8.05, a current ratio of 1.24 and a quick ratio of 1.09. The business has a fifty day simple moving average of C$35.68 and a 200-day simple moving average of C$26.06. The company has a market cap of C$1.26 billion, a price-to-earnings ratio of 14.57, a price-to-earnings-growth ratio of 1.77 and a beta of 0.48.
Total Energy Services Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 15th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Tuesday, September 29th. Total Energy Services’s dividend payout ratio (DPR) is currently 18.49%.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on the company. Royal Bank Of Canada set a C$41.00 target price on Total Energy Services and gave the stock a “hold” rating in a research report on Thursday, September 24th. ATB Cormark Capital Markets boosted their price target on shares of Total Energy Services from C$36.50 to C$42.00 and gave the company an “outperform” rating in a research note on Thursday, September 24th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$41.50.
Read Our Latest Research Report on Total Energy Services
Insider Buying and Selling
In related news, insider Bradley John Macson sold 12,000 shares of the stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of C$10.06, for a total value of C$120,720.00. Following the completion of the sale, the insider directly owned 190,305 shares of the company’s stock, valued at approximately C$1,914,468.30. This represents a 5.93% decrease in their position. Also, insider Total Energy Services Inc bought 312,412 shares of Total Energy Services stock in a transaction dated Tuesday, September 29th. The stock was purchased at an average price of C$34.43 per share, with a total value of C$10,756,345.16. Following the purchase, the insider owned 322,412 shares in the company, valued at approximately C$11,100,645.16. This represents a 3,124.12% increase in their ownership of the stock. Over the last three months, insiders have acquired 314,317 shares of company stock worth $10,820,457 and have sold 33,800 shares worth $780,360. 7.73% of the stock is owned by corporate insiders.
About Total Energy Services
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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