Total Energy Services (TSE:TOT) Given a C$41.00 Price Target at Royal Bank Of Canada

Total Energy Services (TSE:TOT) received a C$41.00 target price from investment analysts at Royal Bank Of Canada in a report released on Thursday, Marketbeat Ratings reports. The firm presently has a “hold” rating on the stock. Royal Bank Of Canada’s target price suggests a potential upside of 17.44% from the stock’s current price.

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

Total Energy Services Stock Performance

TSE TOT opened at C$34.91 on Thursday. Total Energy Services has a 1 year low of C$13.00 and a 1 year high of C$37.90. The firm has a market capitalization of C$1.27 billion, a price-to-earnings ratio of 14.67, a P/E/G ratio of 1.77 and a beta of 0.81. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 8.05. The firm’s 50 day simple moving average is C$30.19 and its 200 day simple moving average is C$25.65.

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

Insider Buying and Selling at Total Energy Services

In other news, Director George K. Chow sold 1,800 shares of Total Energy Services stock in a transaction on Monday, August 17th. The shares were sold at an average price of C$30.80, for a total transaction of C$55,440.00. Following the transaction, the director owned 1,800 shares in the company, valued at approximately C$55,440. The trade was a 50.00% decrease in their ownership of the stock. Also, insider Bradley John Macson sold 20,000 shares of the firm’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of C$30.21, for a total value of C$604,200.00. Following the transaction, the insider directly owned 185,744 shares of the company’s stock, valued at approximately C$5,611,326.24. This represents a 9.72% decrease in their ownership of the stock. In the last ninety days, insiders acquired 2,515 shares of company stock worth $78,465 and sold 33,800 shares worth $780,360. Corporate insiders own 7.73% of the company’s stock.

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.