Atb Cap Markets Has Bullish Outlook for PDS Q3 Earnings

Key Points

• Atb Cap Markets has raised its Q3 2025 EPS estimate for Precision Drilling to $0.94 per share, up from $0.93, indicating a positive outlook for the company.
• Royal Bank Of Canada also increased its price target for Precision Drilling shares from $89.00 to $100.00, giving the stock an "outperform" rating.
• Precision Drilling's recent earnings report showed a significant earnings per share (EPS) of $0.77, surpassing analysts' expectations and highlighting its ongoing profitability.

Precision Drilling Corporation (NYSE:PDS - Free Report) TSE: PD - Research analysts at Atb Cap Markets lifted their Q3 2025 EPS estimates for shares of Precision Drilling in a report issued on Wednesday, July 30th. Atb Cap Markets analyst W. Syed now forecasts that the oil and gas company will earn $0.94 per share for the quarter, up from their prior estimate of $0.93. The consensus estimate for Precision Drilling's current full-year earnings is $7.10 per share. Atb Cap Markets also issued estimates for Precision Drilling's Q4 2025 earnings at $1.13 EPS, FY2025 earnings at $4.70 EPS, Q1 2026 earnings at $1.76 EPS, Q2 2026 earnings at $0.41 EPS, Q4 2026 earnings at $1.23 EPS, FY2026 earnings at $4.47 EPS, Q1 2027 earnings at $2.09 EPS, Q2 2027 earnings at $0.47 EPS and FY2027 earnings at $5.39 EPS.

PDS has been the subject of several other research reports. Royal Bank Of Canada increased their price objective on shares of Precision Drilling from $89.00 to $100.00 and gave the company an "outperform" rating in a research report on Thursday. Piper Sandler started coverage on shares of Precision Drilling in a research report on Tuesday, July 15th. They issued an "overweight" rating and a $72.00 price objective for the company. Finally, Raymond James Financial downgraded shares of Precision Drilling from a "strong-buy" rating to an "outperform" rating in a research report on Wednesday, April 9th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Precision Drilling has a consensus rating of "Moderate Buy" and a consensus price target of $86.00.

Precision Drilling Stock Down 3.9%

PDS opened at $54.15 on Monday. The firm has a 50 day moving average price of $49.39 and a 200 day moving average price of $48.62. The company has a market cap of $719.65 million, a PE ratio of 11.40 and a beta of 1.15. Precision Drilling has a 1 year low of $36.20 and a 1 year high of $75.19. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.90 and a current ratio of 1.01.

Precision Drilling (NYSE:PDS - Get Free Report) TSE: PD last posted its earnings results on Tuesday, July 29th. The oil and gas company reported $0.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.02) by $0.79. The firm had revenue of $299.14 million during the quarter, compared to the consensus estimate of $435.47 million. Precision Drilling had a net margin of 5.67% and a return on equity of 6.21%.

Institutional Trading of Precision Drilling

Several large investors have recently bought and sold shares of PDS. Cubist Systematic Strategies LLC purchased a new position in shares of Precision Drilling during the 1st quarter valued at approximately $45,000. Aquatic Capital Management LLC bought a new position in Precision Drilling during the fourth quarter worth $71,000. Deutsche Bank AG bought a new position in Precision Drilling during the fourth quarter worth $85,000. Signaturefd LLC lifted its stake in Precision Drilling by 52.4% during the second quarter. Signaturefd LLC now owns 2,230 shares of the oil and gas company's stock worth $105,000 after purchasing an additional 767 shares during the last quarter. Finally, Aristides Capital LLC bought a new position in Precision Drilling during the first quarter worth $252,000. Institutional investors and hedge funds own 48.86% of the company's stock.

About Precision Drilling

Precision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in North America and the Middle East. The company operates through Contract Drilling Services and Completion and Production Services segments.

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