Total Energy Services (TSE:TOT) PT Set at C$41.00 by Royal Bank Of Canada

Total Energy Services (TSE:TOT) has been assigned a C$41.00 target price by equities researchers at Royal Bank Of Canada in a research note issued to investors on Thursday, BayStreet reports. The firm currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price points to a potential upside of 11.78% from the company’s current price.

Separately, ATB Cormark Capital Markets increased their target price on Total Energy Services from C$32.00 to C$33.00 and gave the company an “outperform” rating in a report on Friday, July 10th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Total Energy Services currently has an average rating of “Moderate Buy” and a consensus price target of C$41.50.

Total Energy Services Trading Up 1.0%

Shares of TOT traded up C$0.38 during mid-day trading on Thursday, reaching C$36.68. The company’s stock had a trading volume of 167,667 shares, compared to its average volume of 123,350. Total Energy Services has a 52 week low of C$13.00 and a 52 week high of C$37.90. The stock has a market cap of C$1.34 billion, a PE ratio of 15.41, a P/E/G ratio of 1.77 and a beta of 0.81. The company’s fifty day moving average price is C$29.47 and its two-hundred day moving average price is C$25.30. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 8.05.

Total Energy Services (TSE:TOT) last issued its earnings results on Wednesday, August 12th. The company reported C$0.72 EPS for the quarter. The company had revenue of C$328.96 million for the quarter. Total Energy Services had a net margin of 7.38% and a return on equity of 14.51%. On average, analysts predict that Total Energy Services will post 2.0517598 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Bradley John Macson sold 12,000 shares of the firm’s stock in a transaction dated 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 sale, the insider directly owned 190,305 shares of the company’s stock, valued at C$1,914,468.30. This trade represents a 5.93% decrease in their ownership of the stock. Also, Director George K. Chow sold 1,800 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of C$30.80, for a total value of C$55,440.00. Following the transaction, the director owned 1,800 shares in the company, valued at approximately C$55,440. This represents a 50.00% decrease in their position. In the last ninety days, insiders have purchased 317,319 shares of company stock valued at $7,636,909 and have sold 33,800 shares valued at $780,360. Company insiders own 7.73% of the company’s stock.

Total Energy Services Company Profile

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.