Analysts Set Expectations for Pason Systems FY2025 Earnings

Key Points

• National Bank Financial has lowered its FY2025 earnings per share (EPS) estimate for Pason Systems from $1.03 to $0.82, whereas the consensus estimate remains at $1.23.
• Pason Systems is currently facing a reduction in ratings, with Royal Bank of Canada lowering its price objective from C$18.00 to C$16.00, and TD Securities downgrading it from "buy" to "hold."
• The company declared a quarterly dividend of $0.13, yielding 4.5% annually, with a payout ratio of 36.70%.

Pason Systems Inc. (TSE:PSI - Free Report) - Stock analysts at National Bank Financial dropped their FY2025 earnings per share (EPS) estimates for Pason Systems in a research note issued on Wednesday, August 6th. National Bank Financial analyst D. Payne now anticipates that the company will earn $0.82 per share for the year, down from their previous forecast of $1.03. The consensus estimate for Pason Systems' current full-year earnings is $1.23 per share. National Bank Financial also issued estimates for Pason Systems' FY2026 earnings at $1.01 EPS.

Several other research firms also recently issued reports on PSI. TD Securities downgraded Pason Systems from a "buy" rating to a "hold" rating and set a C$13.00 target price on the stock. in a research report on Friday, July 18th. Royal Bank Of Canada cut 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 report on Thursday, April 17th.

Pason Systems Stock Down 2.1%

Pason Systems stock traded down C$0.25 during mid-day trading on Monday, reaching C$11.55. 25,957 shares of the company were exchanged, compared to its average volume of 152,267. Pason Systems has a 12-month low of C$10.43 and a 12-month high of C$15.47. The business has a fifty day moving average of C$12.28 and a 200 day moving average of C$12.32. The company has a debt-to-equity ratio of 3.19, a quick ratio of 3.54 and a current ratio of 2.59. The firm has a market cap of C$919.41 million, a P/E ratio of 8.15, a PEG ratio of 10.78 and a beta of 1.58.

Insider Buying and Selling at Pason Systems

In other Pason Systems news, Senior Officer Russell Smith sold 4,700 shares of the business's stock in a transaction on Wednesday, May 28th. The shares were sold at an average price of C$12.10, for a total value of C$56,870.00. Also, Senior Officer Ryan Van Beurden sold 5,000 shares of the business's stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of C$11.87, for a total transaction of C$59,350.00. Over the last three months, insiders have sold 19,500 shares of company stock worth $238,472. Insiders own 0.13% of the company's stock.

Pason Systems Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 30th were issued a dividend of $0.13 per share. The ex-dividend date was Monday, June 16th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.5%. Pason Systems's dividend payout ratio (DPR) is currently 36.70%.

Pason Systems Company Profile

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.