What is Atb Cap Markets’ Forecast for TSE:TOT Q4 Earnings?

Total Energy Services Inc. (TSE:TOT) – Research analysts at Atb Cap Markets reduced their Q4 2024 earnings per share estimates for Total Energy Services in a report issued on Tuesday, November 12th. Atb Cap Markets analyst T. Monachello now expects that the company will earn $0.38 per share for the quarter, down from their prior forecast of $0.53. The consensus estimate for Total Energy Services’ current full-year earnings is $2.05 per share. Atb Cap Markets also issued estimates for Total Energy Services’ Q1 2025 earnings at $0.57 EPS, Q2 2025 earnings at $0.36 EPS, Q4 2025 earnings at $0.60 EPS, FY2025 earnings at $2.12 EPS and FY2026 earnings at $2.13 EPS.

Separately, ATB Capital upped their price objective on Total Energy Services from C$18.00 to C$19.00 in a research note on Tuesday.

Total Energy Services Price Performance

TOT stock opened at C$11.47 on Friday. The company has a current ratio of 1.31, a quick ratio of 1.09 and a debt-to-equity ratio of 27.21. The company has a market capitalization of C$445.61 million, a P/E ratio of 10.92, a PEG ratio of 1.77 and a beta of 2.02. The business has a 50 day simple moving average of C$9.67 and a 200-day simple moving average of C$9.50. Total Energy Services has a twelve month low of C$7.36 and a twelve month high of C$11.49.

Total Energy Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a $0.09 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.36 dividend on an annualized basis and a yield of 3.14%. Total Energy Services’s dividend payout ratio (DPR) is 34.29%.

Insider Buying and Selling at Total Energy Services

In other Total Energy Services news, insider Total Energy Services Inc purchased 279,000 shares of the firm’s stock in a transaction dated Friday, August 30th. The stock was acquired at an average cost of C$9.41 per share, with a total value of C$2,624,748.30. Also, Director Daniel Kim Halyk bought 4,800 shares of Total Energy Services stock in a transaction on Friday, September 20th. The shares were purchased at an average cost of C$9.25 per share, with a total value of C$44,400.00. In the last three months, insiders acquired 431,204 shares of company stock worth $4,096,630. Insiders own 7.73% of the company’s stock.

Total Energy Services Company Profile

Total Energy Services Inc operates as an energy services company primarily in Canada, the United States, and Australia. It operates through Contract Drilling Services, Rentals and Transportation Services, Compression and Process Services and Well Servicing segments. The Contract Drilling Services segment operates a fleet of various drilling rigs supported by an extensive fleet of owned top drives, walking systems, pumps, and other ancillary equipment.