Brokers Offer Predictions for TSE:SES FY2025 Earnings

Secure Energy Services Inc. (TSE:SES) – Analysts at National Bank Financial lowered their FY2025 earnings estimates for Secure Energy Services in a research report issued to clients and investors on Sunday, February 23rd. National Bank Financial analyst P. Kenny now expects that the company will post earnings per share of $0.82 for the year, down from their prior forecast of $0.95. The consensus estimate for Secure Energy Services’ current full-year earnings is $0.77 per share.

A number of other brokerages have also recently commented on SES. CIBC increased their price target on Secure Energy Services from C$16.00 to C$17.25 in a research note on Tuesday, December 17th. Royal Bank of Canada set a C$17.00 price target on Secure Energy Services and gave the company a “sector perform” rating in a research note on Thursday, December 19th. BMO Capital Markets boosted their price target 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. ATB Capital upped their price target on shares of Secure Energy Services from C$17.00 to C$18.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. Finally, National Bankshares lifted their price target on shares of 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 issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$17.48.

Secure Energy Services Price Performance

SES stock opened at C$14.31 on Wednesday. The stock has a market cap of C$3.33 billion, a price-to-earnings ratio of 5.61, a P/E/G ratio of 0.17 and a beta of 2.41. The company has a debt-to-equity ratio of 48.24, a current ratio of 1.13 and a quick ratio of 1.10. The company has a 50 day simple moving average of C$15.42 and a 200 day simple moving average of C$14.45. Secure Energy Services has a 1 year low of C$10.79 and a 1 year high of C$17.13.

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.