William John George Kosich Sells 87,000 Shares of Total Energy Services (TSE:TOT) Stock

Total Energy Services Inc. (TSE:TOT) insider William John George Kosich sold 87,000 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of C$22.77, for a total value of C$1,980,990.00. Following the transaction, the insider owned 172,221 shares in the company, valued at approximately C$3,921,472.17. This trade represents a 33.56% decrease in their position.

William John George Kosich also recently made the following trade(s):

• On Thursday, March 26th, William John George Kosich sold 18,000 shares of Total Energy Services stock. The stock was sold at an average price of C$23.60, for a total value of C$424,800.00.

Total Energy Services Price Performance

Shares of TSE TOT opened at C$21.76 on Thursday. The firm has a market cap of C$797.83 million, a P/E ratio of 10.31, a price-to-earnings-growth ratio of 1.77 and a beta of 0.70. The company has a current ratio of 1.35, a quick ratio of 1.09 and a debt-to-equity ratio of 11.42. Total Energy Services Inc. has a 1-year low of C$10.50 and a 1-year high of C$27.58. The business’s 50 day moving average is C$24.02 and its 200-day moving average is C$19.72.

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

Total Energy Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 15th were paid 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 was Tuesday, March 31st. Total Energy Services’s dividend payout ratio (DPR) is 19.91%.

Wall Street Analysts Forecast Growth

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