Free Trial

Atb Cap Markets Issues Negative Estimate for TSE:PD Earnings

Precision Drilling logo with Energy background

Precision Drilling Co. (TSE:PD - Free Report) NYSE: PDS - Analysts at Atb Cap Markets reduced their Q3 2025 EPS estimates for shares of Precision Drilling in a research note issued to investors on Tuesday, July 1st. Atb Cap Markets analyst W. Syed now expects that the company will post earnings of $1.28 per share for the quarter, down from their prior forecast of $1.67. Atb Cap Markets also issued estimates for Precision Drilling's FY2025 earnings at $5.33 EPS and Q4 2026 earnings at $1.63 EPS.

PD has been the subject of a number of other research reports. ATB Capital cut their price objective on shares of Precision Drilling from C$87.00 to C$84.00 and set an "outperform" rating for the company in a research report on Wednesday, July 2nd. TD Securities dropped their price target on shares of Precision Drilling from C$89.00 to C$69.00 and set a "hold" rating for the company in a research report on Wednesday, April 16th. BMO Capital Markets dropped their price target on shares of Precision Drilling from C$100.00 to C$90.00 in a research report on Thursday, April 17th. Royal Bank Of Canada dropped their price target on shares of Precision Drilling from C$110.00 to C$89.00 and set an "outperform" rating for the company in a research report on Thursday, April 17th. Finally, CIBC dropped their price target on shares of Precision Drilling from C$115.00 to C$95.00 in a research report on Thursday, April 10th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Precision Drilling has an average rating of "Moderate Buy" and a consensus price target of C$93.00.

Get Our Latest Analysis on Precision Drilling

Precision Drilling Stock Performance

Shares of PD traded down C$0.29 during trading hours on Friday, reaching C$67.85. 54,177 shares of the company traded hands, compared to its average volume of 127,835. The stock's fifty day moving average is C$62.99 and its 200 day moving average is C$70.56. The stock has a market cap of C$965.51 million, a P/E ratio of 3.99, a price-to-earnings-growth ratio of -3.24 and a beta of 2.76. The company has a debt-to-equity ratio of 51.98, a quick ratio of 1.36 and a current ratio of 1.54. Precision Drilling has a 1-year low of C$51.38 and a 1-year high of C$109.20.

About Precision Drilling

(Get Free Report)

Precision Drilling Corp is a leader in North American oil and gas services. It is a provider of contract drilling and completion and production services primarily to oil and natural gas exploration and production companies in Canada. Its segments are Contract Drilling Services which is the majority key revenue generator and other segments include Completion and Production Services.

Further Reading

Earnings History and Estimates for Precision Drilling (TSE:PD)

Should You Invest $1,000 in Precision Drilling Right Now?

Before you consider Precision Drilling, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Precision Drilling wasn't on the list.

While Precision Drilling currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

The $2.5B Merger No One Is Talking About
ALERT: Big Tech Earnings – Watch Before Wednesday
ACT FAST! Congress is Dumping these 3 Stocks

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines