TSE:STEP

STEP Energy Services - STEP Stock Forecast, Price & News

C$4.63

+0.27 (+6.19%)

(As of 09/27/2022 04:00 PM ET)

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Today's Range: C$4.43
▼
C$4.71
50-Day Range: C$4.10
▼
C$6.81
52-Week Range: C$1.37
▼
C$6.85

Volume: 190,267 shs
Average Volume: 259,402 shs
Market Capitalization: C$330.51 million

P/E Ratio: 9.45
Dividend Yield: N/A
Price Target: C$9.50

STEP Energy Services MarketRank™ Forecast

Analyst Rating: Buy
3.25 Rating Score
Upside/Downside: 105.2% Upside
C$9.50 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.33
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
C$3,264 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.07 out of 5 stars

3.6

Analyst's Opinion

Consensus Rating
STEP Energy Services has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$9.50, STEP Energy Services has a forecasted upside of 105.2% from its current price of C$4.63.
Amount of Analyst Coverage
STEP Energy Services has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for STEP.

0.0

Dividend Strength

Dividend Yield
STEP Energy Services does not currently pay a dividend.
Dividend Growth
STEP Energy Services does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for STEP.

1.5

News and Social Media Coverage

News Sentiment
STEP Energy Services has a news sentiment score of -0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for STEP Energy Services this week, compared to 1 article on an average week.
MarketBeat Follows
2 people have added STEP Energy Services to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, STEP Energy Services insiders have bought 590.06% more of their company's stock than they have sold. Specifically, they have bought C$3,264.00 in company stock and sold C$473.00 in company stock.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of STEP Energy Services is 9.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.90.
Price to Earnings Ratio vs. Sector
The P/E ratio of STEP Energy Services is 9.45, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 39.12.
Price to Book Value per Share Ratio
STEP Energy Services has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About STEP Energy Services (TSE:STEP) Stock

STEP Energy Services Ltd., an oilfield service company, provides integrated coiled tubing, fracturing, and wireline solutions to service the oil and gas industry in Canada and the United States. It also provides chemical laboratory solutions; fluid pumping services for coiled tubing operations and standalone projects; and nitrogen pumping solutions for coiled tubing and hydraulic fracturing operations, as well as cased hole wireline and open hole wireline services. STEP Energy Services Ltd. was incorporated in 2011 and is headquartered in Calgary, Canada.

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STEP Stock News Headlines

September 19, 2022 | americanbankingnews.com

STEP Energy Services (TSE:STEP) PT Raised to C$11.00 at Cormark

September 19, 2022 | americanbankingnews.com

STEP Energy Services (TSE:STEP) Given New C$10.00 Price Target at Raymond James

September 7, 2022 | nz.finance.yahoo.com

Has STEP Energy Services Ltd.'s (TSE:STEP) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

September 6, 2022 | finance.yahoo.com

Glanville Named CEO of STEP Energy Services

September 5, 2022 | finance.yahoo.com

ProPetro (PUMP) Sells Its Coiled Tubing Assets to STEP Energy

September 1, 2022 | marketwatch.com

STEP Energy Services CEO Regan Davis to Retire

August 17, 2022 | ca.finance.yahoo.com

STEP Energy (TSX:STEP) Just Grew its Free Cash Flow by 3,347%

August 9, 2022 | msn.com

Dallas County Health and Human Services helps those who can't pay high electric bills

July 15, 2022 | seekingalpha.com

STEP Energy Services: Invest In This Undervalued Frack Specialist For Its Potentially Big Upside

July 12, 2022 | ca.finance.yahoo.com

Stocks in play: STEP Energy Services Ltd.

June 30, 2022 | apnews.com

CAMS Renames Its Renewables Group to Energy Transition Services

June 24, 2022 | msn.com

Germany says its energy crisis may trigger Lehman-like contagion as the country moves a step toward to natural-gas rationing

June 22, 2022 | fool.com

Why Tellurian, Kosmos Energy, and NexTier Oilfield Solutions Plunged on Wednesday

June 21, 2022 | nasdaq.com

UK energy services group Wood names Ken Gilmartin as next chief executive

June 19, 2022 | cnbc.com

We're adding to this industry leader as we slowly step into this oversold market

May 18, 2022 | proactiveinvestors.com

Graphene Manufacturing Group to collaborate with Rio Tinto on energy saving and storage solutions

May 18, 2022 | finanznachrichten.de

Golden Energy Offshore Services AS: Golden Energy Offshore Partner with Gen2 Energy to Explore the Use and Availability of Hydrogen-Based Fuel

May 18, 2022 | finance.yahoo.com

Golden Energy Offshore Partner with Gen2 Energy to Explore the Use and Availability of Hydrogen-Based Fuel

May 14, 2022 | seekingalpha.com

STEP Energy Services Ltd. (SNVVF) CEO Regan Davis on Q1 2022 Results - Earnings Call Transcript

May 11, 2022 | benzinga.com

Univar Solutions to Increase On-Site Renewable Energy Capacity, through Partnership with Motive Energy

May 6, 2022 | finance.yahoo.com

Investors in STEP Energy Services (TSE:STEP) have made a stellar return of 176% over the past year

April 5, 2022 | finance.yahoo.com

STEP Energy Services Ltd. To Announce First Quarter 2022 Results and Host Conference Call

March 17, 2022 | benzinga.com

Raymond James Upgrades STEP Energy Services to Outperform, Raises Price Target to C$4.25

March 16, 2022 | au.finance.yahoo.com

STEP Energy Services Ltd. Reports Fourth Quarter and Year End 2021 Results

March 11, 2022 | msn.com

Amid global energy crisis, labour shortage constrains growth of Canadian oilpatch

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30 days | 90 days | 365 days | Advanced Chart

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STEP Company Calendar

Today: 9/27/2022
Next Earnings (Estimated): 11/02/2022

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Oil & Gas Equipment & Services
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: TSE:STEP
CUSIP: N/A
CIK: N/A
Web: www.stepenergyservices.com
Phone: 403-457-1772
Fax: N/A
Employees: 1,178
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$9.50
High Stock Price Forecast: C$11.50
Low Stock Price Forecast: C$4.00
Forecasted Upside/Downside: +105.2%
Consensus Rating: Buy
Rating Score (0-4): 3.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 9.45
Forward P/E Ratio: 3.33
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 94.97
Current Ratio: 1.30
Quick Ratio: 1.09

Sales & Book Value

Annual Sales: C$784.49 million
Price / Sales: 0.42
Cash Flow: C$0.03 per share
Price / Cash Flow: 172.81
Book Value: C$3.33 per share
Price / Book: 1.39

Miscellaneous

Outstanding Shares: 71,385,000
Free Float: N/A
Market Cap: C$330.51 million
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Regan Davis (Age 57)
CEO & Director
Comp: $1.25M

Mr. Stephen Glanville (Age 49)
Pres & COO
Comp: $828.67k

Mr. Klaas Deemter C.M.A.
CPA, Chief Financial Officer

Mr. Rory Thompson
Pres of Canadian Operations

Mr. Joshua Kane
VP of Legal & Gen. Counsel

Mr. Todd Rainville
VP of Sales & Engineering Technology

Ms. Tara Lynn Boucher
VP of Human Resource

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

STEP Stock - Frequently Asked Questions

Should I buy or sell STEP Energy Services stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for STEP Energy Services in the last twelve months. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" STEP shares.
View STEP analyst ratings or view top-rated stocks.
What is STEP Energy Services' stock price forecast for 2022?: 4 analysts have issued 1 year price objectives for STEP Energy Services' stock. Their STEP share price forecasts range from C$4.00 to C$11.50. On average, they predict the company's stock price to reach C$9.50 in the next year. This suggests a possible upside of 108.8% from the stock's current price.
View analysts price targets for STEP or view top-rated stocks among Wall Street analysts.
How have STEP shares performed in 2022?: STEP Energy Services' stock was trading at C$1.61 at the beginning of the year. Since then, STEP stock has increased by 182.6% and is now trading at C$4.55.
View the best growth stocks for 2022 here.
When is STEP Energy Services' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our STEP earnings forecast.

What other stocks do shareholders of STEP Energy Services own?: Based on aggregate information from My MarketBeat watchlists, some companies that other STEP Energy Services investors own include Trican Well Service (TCW), Precision Drilling (PD), Baytex Energy (BTE), Calfrac Well Services (CFW), Aurora Cannabis (ACB), NuVista Energy (NVA), Argonaut Gold (AR), Athabasca Oil (ATH), Bellatrix Exploration (BXE) and MEG Energy (MEG).
What is STEP Energy Services' stock symbol?: STEP Energy Services trades on the Toronto Stock Exchange (TSX) under the ticker symbol "STEP."
How do I buy shares of STEP Energy Services?: Shares of STEP stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.
What is STEP Energy Services' stock price today?: One share of STEP stock can currently be purchased for approximately C$4.55.
How much money does STEP Energy Services make?: STEP Energy Services (TSE:STEP) has a market capitalization of C$324.80 million and generates C$784.49 million in revenue each year.
How many employees does STEP Energy Services have?: The company employs 1,178 workers across the globe.
How can I contact STEP Energy Services?: The official website for the company is www.stepenergyservices.com. The company can be reached via phone at 403-457-1772.

This page (TSE:STEP) was last updated on 9/27/2022 by MarketBeat.com Staff

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STEP Energy Services - STEP Stock Forecast, Price & News

STEP Energy Services MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About STEP Energy Services (TSE:STEP) Stock

STEP Stock News Headlines

STEP Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

STEP Stock - Frequently Asked Questions

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™