Tim Mcmillan Acquires 700 Shares of Total Energy Services (TSE:TOT) Stock

Total Energy Services Inc. (TSE:TOT) Director Tim Mcmillan bought 700 shares of the stock in a transaction on Friday, August 14th. The stock was purchased at an average cost of C$30.34 per share, with a total value of C$21,238.00. Following the acquisition, the director owned 26,985 shares in the company, valued at approximately C$818,724.90. This represents a 2.66% increase in their ownership of the stock.

Total Energy Services Price Performance

Total Energy Services stock opened at C$30.87 on Friday. The stock has a 50-day moving average price of C$23.58 and a two-hundred day moving average price of C$22.13. Total Energy Services Inc. has a 12 month low of C$12.05 and a 12 month high of C$31.01. The company has a market capitalization of C$1.13 billion, a PE ratio of 14.63, a P/E/G ratio of 1.77 and a beta of 0.74. The company has a current ratio of 1.24, a quick ratio of 1.09 and a debt-to-equity ratio of 8.05.

Total Energy Services (TSE:TOT) last released its quarterly earnings data on Wednesday, August 12th. The company reported C$0.72 earnings per share (EPS) for the quarter. The company had revenue of C$328.96 million during the quarter. Total Energy Services had a return on equity of 14.51% and a net margin of 7.38%. Analysts expect that Total Energy Services Inc. will post 2.0517598 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, ATB Cormark Capital Markets upped their price target on shares of Total Energy Services from C$32.00 to C$33.00 and gave the company an “outperform” rating in a research report on Friday, July 10th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Total Energy Services presently has an average rating of “Buy” and a consensus price target of C$33.00.

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.