FY2025 EPS Estimates for TSE:TCW Lifted 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 researchers at Atb Cap Markets raised their FY2025 EPS estimates for shares of Trican Well Service in a research note issued to investors on Wednesday, July 30th. Atb Cap Markets analyst W. Syed now forecasts that the company will earn $0.56 per share for the year, up from their previous forecast of $0.55. Atb Cap Markets also issued estimates for Trican Well Service's Q2 2027 earnings at $0.13 EPS.

Other equities analysts have also recently issued research reports about the stock. ATB Capital increased their price objective on shares of Trican Well Service from C$5.50 to C$6.50 and gave the stock an "outperform" rating in a research note on Friday, July 4th. TD Securities increased their target price on shares of Trican Well Service from C$4.75 to C$5.50 and gave the stock a "hold" rating in a report on Friday, July 4th. BMO Capital Markets increased their target price on shares of Trican Well Service from C$5.00 to C$6.00 and gave the stock an "outperform" rating in a report on Friday, July 4th. National Bankshares increased their target price on shares of Trican Well Service from C$5.75 to C$6.50 and gave the stock a "sector perform" rating in a report on Friday, July 4th. Finally, Raymond James Financial raised shares of Trican Well Service from a "hold" rating to a "moderate buy" rating and increased their target price for the stock from C$5.00 to C$6.50 in a report on Friday, July 4th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$6.17.

Trican Well Service Price Performance

Shares of TSE:TCW opened at C$5.66 on Monday. The firm's 50 day moving average price is C$4.99 and its 200-day moving average price is C$4.65. Trican Well Service has a twelve month low of C$3.69 and a twelve month high of C$5.91. The company has a quick ratio of 1.75, a current ratio of 2.62 and a debt-to-equity ratio of 5.89. The stock has a market capitalization of C$1.07 billion, a PE ratio of 10.07, a price-to-earnings-growth ratio of 0.22 and a beta of 1.73.

Trican Well Service Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 30th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Friday, June 13th. Trican Well Service's dividend payout ratio (DPR) is 32.02%.

Trican Well Service Company Profile

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.

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