TSE:TCW FY2025 EPS Estimate Boosted by Atb Cap Markets

Key Points

• Atb Cap Markets has raised its FY2025 EPS estimate for Trican Well Service to $0.56 per share from a previous forecast of $0.55.
• Multiple analysts have increased their price targets for Trican Well Service, with ATB Capital raising its target from C$5.50 to C$6.50 and assigning an "outperform" rating.
• Trican Well Service recently declared a quarterly dividend of $0.05 per share, representing an annual yield of 3.5% and a payout ratio of 32.02%.

Trican Well Service Ltd. (TSE:TCW - Free Report) - Equities research analysts at Atb Cap Markets boosted their FY2025 earnings per share (EPS) estimates for Trican Well Service in a report issued on Wednesday, July 30th. Atb Cap Markets analyst W. Syed now forecasts that the company will post earnings of $0.56 per share for the year, up from their prior forecast of $0.55. Atb Cap Markets also issued estimates for Trican Well Service's Q2 2027 earnings at $0.13 EPS.

TCW has been the subject of a number of other research reports. ATB Capital lifted their price objective on Trican Well Service from C$5.50 to C$6.50 and gave the company an "outperform" rating in a research report on Friday, July 4th. Royal Bank Of Canada boosted their price target on Trican Well Service from C$5.50 to C$6.00 and gave the company an "outperform" rating in a research note on Thursday, May 22nd. Raymond James Financial raised Trican Well Service from a "hold" rating to a "moderate buy" rating and boosted their price objective for the stock from C$5.00 to C$6.50 in a research note on Friday, July 4th. National Bankshares raised their target price on shares of Trican Well Service from C$5.75 to C$6.50 and gave the company a "sector perform" rating in a research note on Friday, July 4th. Finally, BMO Capital Markets raised their target price on shares of Trican Well Service from C$5.00 to C$6.00 and gave the company an "outperform" rating in a research report on Friday, July 4th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of C$6.17.

Trican Well Service Stock Performance

TSE TCW traded up C$0.18 on Monday, reaching C$5.79. The stock had a trading volume of 185,610 shares, compared to its average volume of 566,018. The business's 50-day moving average price is C$5.07 and its 200 day moving average price is C$4.66. Trican Well Service has a 12-month low of C$3.69 and a 12-month high of C$5.91. The stock has a market cap of C$1.09 billion, a P/E ratio of 10.30, a price-to-earnings-growth ratio of 0.22 and a beta of 1.73. The company has a debt-to-equity ratio of 5.89, a quick ratio of 1.75 and a current ratio of 2.62.

Trican Well Service Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 30th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Friday, June 13th. Trican Well Service's dividend payout ratio is presently 32.02%.

About Trican Well Service

Trican Well Service Ltd., an equipment services company, provides various specialized products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells primarily in Canada. The company offers cementing solutions, including pre-flushes and spacers, cement plugs, lost circulation, cement design, and laboratory solutions, as well as surface, intermediate, production, liner, horizontal, and remedial/squeeze cementing services.