Atb Cap Markets Has Pessimistic Outlook of PDS Q2 Earnings

Precision Drilling Corporation (NYSE:PDS - Free Report) TSE: PD - Investment analysts at Atb Cap Markets cut their Q2 2025 EPS estimates for Precision Drilling in a research report issued on Tuesday, July 1st. Atb Cap Markets analyst W. Syed now forecasts that the oil and gas company will post earnings of $0.04 per share for the quarter, down from their prior estimate of $0.06. 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 $1.15 EPS, Q1 2026 earnings at $1.30 EPS, Q2 2026 earnings at $0.13 EPS, FY2026 earnings at $3.78 EPS, Q1 2027 earnings at $1.57 EPS, Q2 2027 earnings at $0.25 EPS and FY2027 earnings at $4.64 EPS.

Several other equities analysts have also recently issued reports on PDS. Wall Street Zen cut shares of Precision Drilling from a "buy" rating to a "hold" rating in a research note on Monday, March 24th. Raymond James Financial lowered shares of Precision Drilling from a "strong-buy" rating to an "outperform" rating in a report on Wednesday, April 9th.

Precision Drilling Stock Down 0.6%

NYSE PDS traded down $0.28 during trading hours on Thursday, reaching $50.54. 82,685 shares of the company traded hands, compared to its average volume of 93,428. The company has a 50 day moving average of $45.38 and a two-hundred day moving average of $50.23. The company has a current ratio of 0.91, a quick ratio of 0.82 and a debt-to-equity ratio of 0.33. Precision Drilling has a 12 month low of $36.20 and a 12 month high of $79.07. The stock has a market capitalization of $674.66 million, a PE ratio of 10.05 and a beta of 1.06.

Precision Drilling (NYSE:PDS - Get Free Report) TSE: PD last announced its quarterly earnings data on Wednesday, April 23rd. The oil and gas company reported $1.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.57 by ($0.04). Precision Drilling had a net margin of 5.84% and a return on equity of 6.51%. The firm had revenue of $345.41 million for the quarter, compared to analysts' expectations of $508.06 million.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Cubist Systematic Strategies LLC bought a new position in shares of Precision Drilling during the 1st quarter worth approximately $45,000. Aquatic Capital Management LLC purchased a new stake in Precision Drilling in the 4th quarter worth about $71,000. Deutsche Bank AG bought a new position in Precision Drilling in the 4th quarter worth about $85,000. Signaturefd LLC boosted its position in shares of Precision Drilling by 30.1% during the 4th quarter. Signaturefd LLC now owns 2,159 shares of the oil and gas company's stock valued at $132,000 after acquiring an additional 499 shares during the last quarter. Finally, Quantbot Technologies LP boosted its position in shares of Precision Drilling by 1,741.8% during the 4th quarter. Quantbot Technologies LP now owns 2,247 shares of the oil and gas company's stock valued at $137,000 after acquiring an additional 2,125 shares during the last quarter. Institutional investors and hedge funds own 48.86% of the company's stock.

Precision Drilling Company Profile

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.