Glenn Orval James Dagenais Buys 1,570 Shares of Total Energy Services (TSE:TOT) Stock

Total Energy Services Inc. (TSE:TOT) Director Glenn Orval James Dagenais purchased 1,570 shares of Total Energy Services stock in a transaction that occurred on Tuesday, June 16th. The stock was acquired at an average cost of C$22.08 per share, with a total value of C$34,665.60. Following the acquisition, the director directly owned 78,165 shares of the company’s stock, valued at C$1,725,883.20. The trade was 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 purchased 1,570 shares of Total Energy Services stock. The stock was acquired at an average cost of C$23.47 per share, with a total value of C$36,847.90.

Total Energy Services Trading Down 2.1%

Shares of TOT opened at C$21.76 on Thursday. The company has a market capitalization of C$797.83 million, a P/E ratio of 10.31, a P/E/G ratio of 1.77 and a beta of 0.70. Total Energy Services Inc. has a one year low of C$10.50 and a one year high of C$27.58. The company has a debt-to-equity ratio of 11.42, a quick ratio of 1.09 and a current ratio of 1.35. The stock has a 50-day moving average price of C$24.02 and a 200 day moving average price of C$19.72.

Total Energy Services (TSE:TOT) last posted its quarterly earnings data on Tuesday, May 12th. The company reported C$0.65 EPS for the quarter. Total Energy Services had a net margin of 7.04% and a return on equity of 13.24%. The firm had revenue of C$314.90 million for the quarter. Sell-side analysts forecast that Total Energy Services Inc. will post 2.0517598 EPS for the current fiscal year.

Total Energy Services Dividend Announcement

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

Wall Street Analysts Forecast Growth

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

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.