What is Atb Cap Markets' Forecast for TSE:ESI Q3 Earnings?

Ensign Energy Services Inc. (TSE:ESI - Free Report) - Equities researchers at Atb Cap Markets increased their Q3 2026 earnings per share (EPS) estimates for shares of Ensign Energy Services in a note issued to investors on Tuesday, July 1st. Atb Cap Markets analyst W. Syed now anticipates that the company will earn $0.06 per share for the quarter, up from their previous estimate of $0.05. Atb Cap Markets currently has a "Hold" rating on the stock. The consensus estimate for Ensign Energy Services' current full-year earnings is $0.29 per share. Atb Cap Markets also issued estimates for Ensign Energy Services' Q4 2026 earnings at $0.06 EPS, FY2026 earnings at $0.11 EPS, Q1 2027 earnings at $0.07 EPS, Q2 2027 earnings at $0.01 EPS and FY2027 earnings at $0.27 EPS.

A number of other research analysts have also recently issued reports on ESI. TD Securities cut their price objective on Ensign Energy Services from C$2.75 to C$2.25 and set a "hold" rating for the company in a report on Wednesday, April 16th. Royal Bank Of Canada lowered their target price on shares of Ensign Energy Services from C$3.50 to C$2.50 and set an "outperform" rating on the stock in a report on Thursday, April 17th. CIBC cut their price target on shares of Ensign Energy Services from C$3.75 to C$3.25 in a report on Thursday, April 10th. Finally, BMO Capital Markets reduced their price target on shares of Ensign Energy Services from C$3.50 to C$3.00 in a research report on Thursday, April 17th.

Ensign Energy Services Price Performance

ESI stock traded down C$0.01 during trading on Friday, hitting C$2.27. The company had a trading volume of 17,790 shares, compared to its average volume of 211,929. The company has a fifty day moving average price of C$2.12 and a two-hundred day moving average price of C$2.48. Ensign Energy Services has a fifty-two week low of C$1.73 and a fifty-two week high of C$3.52. The company has a market cap of C$419.26 million, a P/E ratio of 13.27, a P/E/G ratio of 202.94 and a beta of 3.05. The company has a current ratio of 0.98, a quick ratio of 1.30 and a debt-to-equity ratio of 84.02.

Insiders Place Their Bets

In other Ensign Energy Services news, Senior Officer Michael Gray acquired 25,000 shares of the business's stock in a transaction on Tuesday, May 27th. The stock was purchased at an average price of C$1.97 per share, for a total transaction of C$49,370.00. 44.90% of the stock is owned by corporate insiders.

Ensign Energy Services Company Profile

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.