Total Energy Services (TSE:TOT) Director Glenn Orval James Dagenais Purchases 1,570 Shares

Total Energy Services Inc. (TSE:TOT) Director Glenn Orval James Dagenais bought 1,570 shares of the stock in a transaction dated Tuesday, June 16th. The stock was acquired at an average price of C$22.08 per share, with a total value of C$34,665.60. Following the completion of the purchase, the director owned 78,165 shares of the company’s stock, valued at C$1,725,883.20. This represents a 2.05% increase in their position.

Glenn Orval James Dagenais also recently made the following trade(s):

• On Monday, March 30th, Glenn Orval James Dagenais acquired 1,570 shares of Total Energy Services stock. The stock was purchased at an average price of C$23.47 per share, with a total value of C$36,847.90.

Total Energy Services Trading Down 3.5%

Shares of TSE TOT opened at C$22.22 on Wednesday. The stock has a market cap of C$814.70 million, a price-to-earnings ratio of 10.53, a P/E/G ratio of 1.77 and a beta of 0.70. Total Energy Services Inc. has a twelve month low of C$10.50 and a twelve month high of C$27.58. The company’s fifty day moving average is C$24.02 and its 200-day moving average is C$19.67. The company has a quick ratio of 1.09, a current ratio of 1.35 and a debt-to-equity ratio of 11.42.

Total Energy Services (TSE:TOT) last announced its earnings results on Tuesday, May 12th. The company reported C$0.65 EPS for the quarter. The business had revenue of C$314.90 million during the quarter. Total Energy Services had a net margin of 7.04% and a return on equity of 13.24%. Equities research analysts predict that Total Energy Services Inc. will post 2.0517598 EPS for the current year.

Total Energy Services Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 15th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.48 dividend on an annualized basis and a yield of 2.2%. Total Energy Services’s dividend payout ratio is 19.91%.

Analyst Upgrades and Downgrades

Separately, ATB Cormark Capital Markets upped their price objective on Total Energy Services from C$20.00 to C$24.00 in a research note on Thursday, March 12th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Total Energy Services currently has a consensus rating of “Buy” and an average target price 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.