TD Securities Cuts Ensign Energy Services (TSE:ESI) Price Target to C$2.75

Posted by Tyrone Williams on Mar 10th, 2025

Ensign Energy Services (TSE:ESI – Get Free Report) had its target price decreased by equities researchers at TD Securities from C$3.00 to C$2.75 in a note issued to investors on Monday,BayStreet.CA reports. The brokerage presently has a “hold” rating on the stock. TD Securities’ target price would indicate a potential upside of 30.33% from the company’s current price.

ESI has been the topic of several other research reports. BMO Capital Markets decreased their target price on Ensign Energy Services from C$4.25 to C$3.50 in a report on Monday. ATB Capital increased their target price on Ensign Energy Services from C$4.50 to C$5.50 in a report on Tuesday, December 10th.

Check Out Our Latest Stock Analysis on Ensign Energy Services

Ensign Energy Services Price Performance

TSE:ESI traded down C$0.14 during trading hours on Monday, reaching C$2.11. The company had a trading volume of 913,200 shares, compared to its average volume of 292,369. The stock has a 50-day moving average of C$3.05 and a two-hundred day moving average of C$2.83. Ensign Energy Services has a one year low of C$2.06 and a one year high of C$3.52. The firm has a market capitalization of C$389.71 million, a PE ratio of 12.34, a PEG ratio of 202.94 and a beta of 3.05. The company has a quick ratio of 1.30, a current ratio of 0.98 and a debt-to-equity ratio of 84.02.

Insider Activity at Ensign Energy Services

In related news, Senior Officer Robert Harold Geddes purchased 50,400 shares of the firm’s stock in a transaction on Tuesday, December 10th. The stock was purchased at an average cost of C$2.90 per share, for a total transaction of C$146,160.00. Also, Director Cary A. Moomjian Jr. purchased 10,000 shares of the firm’s stock in a transaction on Monday, February 3rd. The stock was bought at an average price of C$2.97 per share, with a total value of C$29,694.00. 44.90% of the stock is owned by company insiders.

Ensign Energy Services Company Profile

(Get Free Report)

Ensign Energy Services Inc, together with its subsidiaries, provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. The company offers shallow, intermediate, and deep well drilling, as well as specialized drilling services, including horizontal, underbalanced, horizontal re-entry, and slant drilling for steam assisted gravity drainage applications; and equipment and services.