Q4 EPS Estimate for Total Energy Services Lowered by Analyst

Total Energy Services Inc. (TSE:TOT) – Equities research analysts at Atb Cap Markets dropped their Q4 2024 earnings per share estimates for Total Energy Services in a research note issued on Tuesday, November 12th. Atb Cap Markets analyst T. Monachello now forecasts that the company will post earnings of $0.38 per share for the quarter, down from their prior forecast of $0.53. The consensus estimate for Total Energy Services’ current full-year earnings is $2.05 per share. Atb Cap Markets also issued estimates for Total Energy Services’ Q1 2025 earnings at $0.57 EPS, Q2 2025 earnings at $0.36 EPS, Q4 2025 earnings at $0.60 EPS, FY2025 earnings at $2.12 EPS and FY2026 earnings at $2.13 EPS.

Separately, ATB Capital boosted their target price on shares of Total Energy Services from C$18.00 to C$19.00 in a research report on Tuesday, November 12th.

Total Energy Services Stock Performance

Shares of TSE:TOT opened at C$11.60 on Friday. The company has a debt-to-equity ratio of 27.21, a quick ratio of 1.09 and a current ratio of 1.31. Total Energy Services has a one year low of C$7.36 and a one year high of C$11.61. The business’s 50-day simple moving average is C$9.77 and its 200 day simple moving average is C$9.53. The company has a market cap of C$450.66 million, a P/E ratio of 11.05, a PEG ratio of 1.77 and a beta of 2.02.

Total Energy Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date was Friday, September 27th. Total Energy Services’s payout ratio is 34.29%.

Insiders Place Their Bets

In other Total Energy Services news, insider Total Energy Services Inc bought 279,000 shares of the business’s stock in a transaction on Friday, August 30th. The shares were purchased at an average price of C$9.41 per share, with a total value of C$2,624,748.30. Also, Director Daniel Kim Halyk bought 4,800 shares of the firm’s stock in a transaction that occurred on Friday, September 20th. The stock was bought at an average price of C$9.25 per share, with a total value of C$44,400.00. Insiders have purchased 431,204 shares of company stock valued at $4,096,630 over the last three months. Company insiders own 7.73% of the company’s stock.

Total Energy Services Company Profile

Total Energy Services Inc operates as an energy services company primarily in Canada, the United States, and Australia. It operates through Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services and Well Servicing segments. The Contract Drilling Services segment operates a fleet of various drilling rigs supported by an extensive fleet of owned top drives, walking systems, pumps, and other ancillary equipment.