Atb Cap Markets Issues Positive Forecast for TSE:PD Earnings

Key Points

• Atb Cap Markets raised their Q3 2025 earnings estimates for Precision Drilling to $1.29 per share, slightly up from the previous estimate of $1.28.
• Numerous analysts have adjusted their price targets for Precision Drilling, with Raymond James raising it to C$120, while BMO Capital Markets lowered theirs to C$90.
• Precision Drilling currently holds an average rating of "Moderate Buy" with an average target price of C$95.14 according to MarketBeat.

Precision Drilling Co. (TSE:PD - Free Report) NYSE: PDS - Stock analysts at Atb Cap Markets raised their Q3 2025 earnings per share (EPS) estimates for Precision Drilling in a research note issued on Wednesday, July 30th. Atb Cap Markets analyst W. Syed now expects that the company will earn $1.29 per share for the quarter, up from their prior forecast of $1.28. Atb Cap Markets also issued estimates for Precision Drilling's Q4 2025 earnings at $1.55 EPS, FY2025 earnings at $6.44 EPS, Q1 2026 earnings at $2.41 EPS, Q2 2026 earnings at $0.56 EPS, Q4 2026 earnings at $1.69 EPS, FY2026 earnings at $6.13 EPS, Q1 2027 earnings at $2.86 EPS, Q2 2027 earnings at $0.65 EPS and FY2027 earnings at $7.38 EPS.

PD has been the subject of several other reports. ATB Capital lowered their price objective on 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. Royal Bank Of Canada raised their price objective on shares of Precision Drilling from C$89.00 to C$100.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. BMO Capital Markets cut their target price on shares of Precision Drilling from C$100.00 to C$90.00 in a research report on Thursday, April 17th. CIBC dropped their price objective on shares of Precision Drilling from C$115.00 to C$95.00 in a research note on Thursday, April 10th. Finally, Raymond James Financial increased their target price on shares of Precision Drilling from C$119.00 to C$120.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of C$95.14.

Precision Drilling Stock Performance

TSE PD traded up C$0.97 during trading on Monday, reaching C$75.46. 38,959 shares of the company's stock were exchanged, compared to its average volume of 121,175. The company has a debt-to-equity ratio of 51.98, a current ratio of 1.54 and a quick ratio of 1.36. The stock has a market capitalization of C$1.07 billion, a P/E ratio of 4.44, a PEG ratio of -3.24 and a beta of 2.76. The business has a 50 day moving average price of C$68.56 and a 200-day moving average price of C$68.10. Precision Drilling has a fifty-two week low of C$51.38 and a fifty-two week high of C$101.30.

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.