Analysts Issue Forecasts for Pason Systems FY2026 Earnings

Pason Systems Inc. (TSE:PSI - Free Report) - Equities researchers at National Bank Financial lifted their FY2026 earnings estimates for 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 forecast of $1.19. The consensus estimate for Pason Systems' current full-year earnings is $1.23 per share.

Several other equities research analysts have also recently commented on the company. Royal Bank of Canada decreased their target price on Pason Systems from C$18.00 to C$16.00 and set an "outperform" rating for the company in a research note on Thursday, April 17th. TD Securities cut their target price on shares of Pason Systems from C$16.00 to C$13.00 and set a "buy" rating on the stock in a research note on Wednesday, April 16th.

Pason Systems Trading Down 3.9 %

PSI traded down C$0.45 during trading on Monday, reaching C$10.97. 214,367 shares of the stock traded hands, compared to its average volume of 152,283. The company has a quick ratio of 3.54, a current ratio of 2.59 and a debt-to-equity ratio of 3.19. The stock's 50-day moving average is C$12.03 and its 200 day moving average is C$13.25. Pason Systems has a 12 month low of C$10.43 and a 12 month high of C$18.59. The stock has a market capitalization of C$873.24 million, a PE ratio of 7.74, a P/E/G ratio of 10.78 and a beta of 1.58.

Pason Systems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 31st were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.74%. The ex-dividend date was Monday, March 17th. Pason Systems's payout ratio is 36.70%.

About Pason Systems

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.