Insider Buying: Total Energy Services (TSE:TOT) Insider Acquires 46,738 Shares of Stock

Key Points

• Insider purchase: An insider bought 46,738 shares on April 8 at C$21.78 each, a C$1,017,953.64 transaction that leaves the insider owning those 46,738 shares.
• TOT trades around C$21.63 with a market cap of C$794.08M and a PE of 11.09; the stock’s 50‑day and 200‑day moving averages are C$20.10 and C$16.65, and its 12‑month range is C$8.79–C$23.80.
• The company pays a quarterly dividend of C$0.12 (annualized C$0.48, yield ~2.2%, payout ratio 20.5%), and analysts — led by ATB Cormark — have a consensus Buy rating with an average price target of C$24.00 (ATB raised its target from C$20 to C$24).

Total Energy Services Inc. (TSE:TOT - Get Free Report) insider Total Energy Services Inc bought 46,738 shares of the firm's stock in a transaction that occurred on Wednesday, April 8th. The shares were acquired at an average cost of C$21.78 per share, for a total transaction of C$1,017,953.64. Following the completion of the acquisition, the insider directly owned 46,738 shares in the company, valued at C$1,017,953.64. The trade was a ∞ increase in their position.

Total Energy Services Stock Performance

Shares of TOT stock traded down C$1.23 during trading on Friday, reaching C$21.63. 95,324 shares of the company's stock were exchanged, compared to its average volume of 88,979. The company has a quick ratio of 1.09, a current ratio of 1.41 and a debt-to-equity ratio of 13.67. The stock has a market capitalization of C$794.08 million, a PE ratio of 11.09, a PEG ratio of 1.77 and a beta of 0.34. Total Energy Services Inc. has a twelve month low of C$8.79 and a twelve month high of C$23.80. The firm's fifty day moving average price is C$20.10 and its 200-day moving average price is C$16.65.

Total Energy Services (TSE:TOT - Get Free Report) last posted its earnings results on Tuesday, March 10th. The company reported C$1.50 earnings per share for the quarter. The business had revenue of C$301.71 million for the quarter. Total Energy Services had a return on equity of 12.57% and a net margin of 6.97%. As a group, sell-side analysts anticipate that Total Energy Services Inc. will post 2.0517598 EPS for the current year.

Total Energy Services Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 15th were paid a $0.12 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $0.48 annualized dividend and a yield of 2.2%. Total Energy Services's payout ratio is 20.51%.

Analyst Upgrades and Downgrades

Separately, ATB Cormark Capital Markets boosted their price target on Total Energy Services from C$20.00 to C$24.00 in a research note on Thursday, March 12th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of C$24.00.

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.

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