Trican Well Service Ltd. (TSE:TCW - Free Report) - Investment analysts at Raymond James lifted their FY2026 earnings estimates for Trican Well Service in a report issued on Wednesday, April 9th. Raymond James analyst M. Barth now forecasts that the company will post earnings of $0.67 per share for the year, up from their previous estimate of $0.65.
Separately, TD Securities lowered their price objective on Trican Well Service from C$5.00 to C$4.75 and set a "hold" rating for the company in a research note on Wednesday.
Read Our Latest Research Report on Trican Well Service
Trican Well Service Trading Down 2.1 %
Shares of TSE:TCW traded down C$0.09 during trading on Friday, reaching C$4.11. The company's stock had a trading volume of 198,418 shares, compared to its average volume of 598,844. The firm's 50 day simple moving average is C$4.48 and its two-hundred day simple moving average is C$4.71. The company has a current ratio of 2.62, a quick ratio of 1.75 and a debt-to-equity ratio of 5.89. Trican Well Service has a 12 month low of C$3.69 and a 12 month high of C$5.45. The stock has a market capitalization of C$775.63 million, a PE ratio of 7.31, a price-to-earnings-growth ratio of 0.22 and a beta of 1.73.
Trican Well Service Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 31st were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 4.87%. The ex-dividend date of this dividend was Friday, March 14th. This is a positive change from Trican Well Service's previous quarterly dividend of $0.05. Trican Well Service's payout ratio is 32.02%.
About Trican Well Service
(
Get Free Report)
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.
See Also
Before you consider Trican Well Service, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Trican Well Service wasn't on the list.
While Trican Well Service currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
