Secure Energy Services (TSE:SES) Rating Increased to Moderate Buy at Raymond James Financial

Key Points

• Secure Energy Services has been upgraded to a "moderate buy" rating by Raymond James Financial, which also projected earnings growth for the company over the next few years.
• Other analysts have increased their price targets for Secure Energy Services, with current consensus indicating an average target price of C$18.31.
• Despite the upgrade, shares of Secure Energy Services experienced a 1.2% decline on the day of the report, with stock trading around C$15.14.

Secure Energy Services (TSE:SES - Get Free Report) was upgraded by stock analysts at Raymond James Financial to a "moderate buy" rating in a research note issued on Wednesday,Zacks.com reports. Raymond James Financial also issued estimates for Secure Energy Services' Q3 2025 earnings at $0.23 EPS, Q4 2025 earnings at $0.22 EPS, FY2025 earnings at $0.77 EPS, FY2026 earnings at $0.86 EPS and FY2027 earnings at $0.96 EPS.

SES has been the topic of a number of other research reports. National Bankshares upped their price target on Secure Energy Services from C$17.50 to C$18.50 and gave the stock an "outperform" rating in a report on Wednesday, July 30th. BMO Capital Markets downgraded Secure Energy Services from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 30th. National Bank Financial upgraded Secure Energy Services to a "strong-buy" rating in a report on Monday, May 26th. ATB Capital reduced their price target on Secure Energy Services from C$20.00 to C$19.00 and set an "outperform" rating for the company in a report on Monday, May 5th. Finally, Royal Bank Of Canada raised their target price on shares of Secure Energy Services from C$15.00 to C$17.00 and gave the stock a "sector perform" rating in a report on Wednesday, July 30th. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of C$18.31.

Secure Energy Services Stock Performance

SES stock traded down C$0.19 during trading on Wednesday, hitting C$15.10. The company had a trading volume of 496,641 shares, compared to its average volume of 772,798. The firm has a market cap of C$3.51 billion, a PE ratio of 5.92, a price-to-earnings-growth ratio of 0.17 and a beta of 2.41. Secure Energy Services has a 1-year low of C$11.13 and a 1-year high of C$17.23. The firm has a 50-day moving average price of C$15.60 and a 200-day moving average price of C$14.70. The company has a quick ratio of 1.10, a current ratio of 1.13 and a debt-to-equity ratio of 48.24.

Secure Energy Services Company Profile

Secure Waste Infrastructure Corp. provides fluids and solids solutions to the oil and gas industry. It operates in two segments: Midstream Infrastructure and Environmental & Fluid Management. Midstream Infrastructure owns and operates a network of facilities throughout western Canada, North Dakota, and Oklahoma.