Atb Cap Markets Has Bearish Outlook for TSE:CFW Q2 Earnings

Key Points

• Atb Cap Markets has lowered its Q2 2026 earnings estimate for Calfrac Well Services from $0.22 to $0.19 per share, impacting future earnings projections.
• Royal Bank of Canada has also reduced its price target for Calfrac shares from C$4.50 to C$3.75, maintaining a "sector perform" rating.
• Calfrac Well Services has experienced recent insider buying, with Director Charles Pellerin purchasing 472,000 shares at an average price of C$3.35 each.

Calfrac Well Services Ltd. (TSE:CFW - Free Report) - Atb Cap Markets decreased their Q2 2026 earnings estimates for shares of Calfrac Well Services in a research report issued to clients and investors on Sunday, August 10th. Atb Cap Markets analyst W. Syed now expects that the company will earn $0.19 per share for the quarter, down from their prior forecast of $0.22. The consensus estimate for Calfrac Well Services' current full-year earnings is $0.38 per share. Atb Cap Markets also issued estimates for Calfrac Well Services' Q3 2026 earnings at $0.17 EPS, FY2026 earnings at $0.44 EPS, Q1 2027 earnings at $0.06 EPS and FY2027 earnings at $0.58 EPS.

Separately, Royal Bank Of Canada reduced their price target on shares of Calfrac Well Services from C$4.50 to C$3.75 and set a "sector perform" rating on the stock in a research report on Thursday, April 17th.

Calfrac Well Services Trading Down 3.4%

Calfrac Well Services stock opened at C$3.67 on Tuesday. The firm's 50-day moving average is C$3.55 and its 200-day moving average is C$3.57. The company has a debt-to-equity ratio of 57.80, a quick ratio of 1.33 and a current ratio of 2.23. Calfrac Well Services has a 1 year low of C$2.98 and a 1 year high of C$4.20. The company has a market cap of C$314.41 million, a P/E ratio of 11.21, a PEG ratio of -0.30 and a beta of 1.65.

Insider Buying and Selling at Calfrac Well Services

In other news, Director Charles Pellerin acquired 472,000 shares of the company's stock in a transaction that occurred on Friday, June 27th. The shares were acquired at an average price of C$3.35 per share, with a total value of C$1,581,200.00. 46.88% of the stock is currently owned by company insiders.

About Calfrac Well Services

Calfrac Well Services Ltd provides specialized oilfield services, including hydraulic fracturing, coiled tubing, cementing, and other well completion services to the oil and natural gas industries in Canada, the United States, Russia, and Argentina. It generates maximum revenue from the United States.

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