Pason Systems Inc. (TSE:PSI - Free Report) - Stock analysts at National Bank Financial upped their FY2026 earnings estimates for shares of Pason Systems in a research report issued to clients and investors on Thursday, May 1st. National Bank Financial analyst D. Payne now forecasts that the company will earn $1.20 per share for the year, up from their previous estimate of $1.19. The consensus estimate for Pason Systems' current full-year earnings is $1.23 per share.
Several other research firms have also commented on PSI. TD Securities reduced their price target on shares of Pason Systems from C$16.00 to C$13.00 and set a "buy" rating on the stock in a research report on Wednesday, April 16th. Royal Bank of Canada decreased their target price on Pason Systems from C$18.00 to C$16.00 and set an "outperform" rating on the stock in a research note on Thursday, April 17th.
View Our Latest Analysis on Pason Systems
Pason Systems Trading Down 1.2 %
Shares of PSI traded down C$0.13 during mid-day trading on Monday, reaching C$11.07. The stock had a trading volume of 22,543 shares, compared to its average volume of 151,294. The company has a debt-to-equity ratio of 3.19, a current ratio of 2.59 and a quick ratio of 3.54. The firm has a market cap of C$881.21 million, a price-to-earnings ratio of 7.81, a P/E/G ratio of 10.78 and a beta of 1.58. The business's fifty day moving average is C$11.99 and its 200 day moving average is C$13.22. Pason Systems has a 52-week low of C$10.43 and a 52-week high of C$18.59.
Pason Systems Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 31st were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 4.70%. The ex-dividend date of this dividend was Monday, March 17th. Pason Systems's payout ratio is presently 36.70%.
About Pason Systems
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Pason Systems Inc, together with its subsidiaries, provides instrumentation and data management systems for drilling rigs in Canada, the United States, and internationally. The company provides Electronic Drilling Recorder, which provides real-time drilling data to rig site personnel; DataHub with Pason Live, which is used as the central repository for data and reports captured at the rigs for real-time; and DataLink that provides automated in-house databases, third-party analytics platforms, remote geosteering, and other remote services.
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