Total Energy Services (TSE:TOT) Insider Bradley John Macson Sells 12,000 Shares of Stock

Key Points

• Insider sale: Bradley John Macson sold 12,000 Total Energy Services shares at an average C$10.06, receiving C$120,720. He now directly owns 190,305 shares, a 5.93% reduction in his position.
• Stock performance: Total Energy Services shares rose 1.8% to C$31.25, near their 12-month high of C$31.59. The stock has a market capitalization of approximately C$1.14 billion and a P/E ratio of 13.13.
• Analyst outlook and results: The company reported quarterly EPS of C$0.72 and revenue of C$328.96 million. ATB Cormark raised its price target to C$33 and maintained an “outperform” rating, while the overall analyst consensus is “Buy.”

Total Energy Services Inc. (TSE:TOT - Get Free Report) insider Bradley John Macson sold 12,000 shares of the stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of C$10.06, for a total transaction of C$120,720.00. Following the transaction, the insider directly owned 190,305 shares in the company, valued at approximately C$1,914,468.30. This represents a 5.93% decrease in their position.

Bradley John Macson also recently made the following trade(s):

• On Wednesday, August 19th, Bradley John Macson sold 20,000 shares of Total Energy Services stock. The stock was sold at an average price of C$30.21, for a total transaction of C$604,200.00.

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Total Energy Services Trading Up 1.8%

Total Energy Services stock traded up C$0.55 during mid-day trading on Thursday, hitting C$31.25. The company's stock had a trading volume of 72,698 shares, compared to its average volume of 114,215. The business has a 50 day moving average price of C$24.70 and a 200-day moving average price of C$22.98. The company has a debt-to-equity ratio of 8.05, a current ratio of 1.24 and a quick ratio of 1.09. Total Energy Services Inc. has a 12 month low of C$12.82 and a 12 month high of C$31.59. The stock has a market cap of C$1.14 billion, a price-to-earnings ratio of 13.13, a price-to-earnings-growth ratio of 1.77 and a beta of 0.74.

Total Energy Services (TSE:TOT - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of C$328.96 million for the quarter. As a group, analysts forecast that Total Energy Services Inc. will post 2.0517598 EPS for the current year.

Analysts Set New Price Targets

Separately, ATB Cormark Capital Markets lifted their price target on Total Energy Services from C$32.00 to C$33.00 and gave the stock an "outperform" rating in a research note on Friday, July 10th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of C$33.00.

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.

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