Atb Cap Markets Has Negative Estimate for TSE:PD Q2 Earnings

Precision Drilling Co. (TSE:PD - Free Report) NYSE: PDS - Stock analysts at Atb Cap Markets reduced their Q2 2025 earnings estimates for Precision Drilling in a research report issued on Tuesday, July 1st. Atb Cap Markets analyst W. Syed now forecasts that the company will post earnings of $0.06 per share for the quarter, down from their prior forecast of $0.09. Atb Cap Markets also issued estimates for Precision Drilling's Q4 2025 earnings at $1.57 EPS, Q1 2026 earnings at $1.78 EPS, Q2 2026 earnings at $0.18 EPS, Q3 2026 earnings at $1.60 EPS, FY2026 earnings at $5.18 EPS, Q1 2027 earnings at $2.15 EPS, Q2 2027 earnings at $0.34 EPS and FY2027 earnings at $6.35 EPS.

Several other research firms have also recently issued reports on PD. TD Securities lowered their price objective on Precision Drilling from C$89.00 to C$69.00 and set a "hold" rating on the stock in a report on Wednesday, April 16th. Raymond James Financial lowered Precision Drilling from a "strong-buy" rating to an "outperform" rating and lowered their price target for the stock from C$141.00 to C$124.00 in a research note on Wednesday, April 9th. National Bankshares dropped their price target on Precision Drilling from C$110.00 to C$100.00 and set a "sector perform" rating for the company in a research report on Thursday. Royal Bank Of Canada decreased their price objective on Precision Drilling from C$110.00 to C$89.00 and set an "outperform" rating on the stock in a report on Thursday, April 17th. Finally, BMO Capital Markets dropped their target price on shares of Precision Drilling from C$100.00 to C$90.00 in a report on Thursday, April 17th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of C$93.00.

Precision Drilling Price Performance

Shares of Precision Drilling stock traded down C$0.46 during trading hours on Thursday, reaching C$68.14. The stock had a trading volume of 12,482 shares, compared to its average volume of 128,411. The firm has a market capitalization of C$969.64 million, a PE ratio of 4.01, a PEG ratio of -3.24 and a beta of 2.76. Precision Drilling has a twelve month low of C$51.38 and a twelve month high of C$109.20. The stock's 50 day moving average is C$62.83 and its 200 day moving average is C$70.66. The company has a current ratio of 1.54, a quick ratio of 1.36 and a debt-to-equity ratio of 51.98.

Precision Drilling Company Profile

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.