Free Trial

Atb Cap Markets Issues Negative Estimate for TSE:PD Earnings

Precision Drilling logo with Energy background

Key Points

  • Atb Cap Markets has revised its Q3 2026 earnings estimate for Precision Drilling from $1.60 to $1.47 per share.
  • Several analysts have adjusted their target prices for Precision Drilling, with CIBC lowering it to C$95.00, while TD Securities raised it to C$77.00.
  • The stock currently holds an average rating of "Moderate Buy" with a consensus price target of C$95.14.
  • MarketBeat previews top five stocks to own in October.

Precision Drilling Co. (TSE:PD - Free Report) NYSE: PDS - Equities research analysts at Atb Cap Markets dropped their Q3 2026 earnings estimates for Precision Drilling in a research report issued on Wednesday, July 30th. Atb Cap Markets analyst W. Syed now forecasts that the company will post earnings of $1.47 per share for the quarter, down from their prior estimate of $1.60.

A number of other brokerages also recently weighed in on PD. TD Securities upped their price target on shares of Precision Drilling from C$71.00 to C$77.00 and gave the company a "hold" rating in a report on Thursday, July 31st. BMO Capital Markets cut their price target on shares of Precision Drilling from C$100.00 to C$90.00 in a report on Thursday, April 17th. National Bankshares cut their price objective on Precision Drilling from C$110.00 to C$100.00 and set a "sector perform" rating on the stock in a report on Thursday, July 3rd. CIBC decreased their target price on Precision Drilling from C$115.00 to C$95.00 in a research report on Thursday, April 10th. Finally, Raymond James Financial upped their target price on Precision Drilling from C$119.00 to C$120.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, Precision Drilling presently has an average rating of "Moderate Buy" and an average target price of C$95.14.

Read Our Latest Report on PD

Precision Drilling Price Performance

PD stock traded up C$0.52 during trading on Friday, hitting C$75.32. The company had a trading volume of 29,298 shares, compared to its average volume of 121,954. The firm has a market capitalization of C$1.07 billion, a price-to-earnings ratio of 4.43, a P/E/G ratio of -3.24 and a beta of 2.76. The business has a 50 day moving average of C$67.92 and a 200 day moving average of C$68.01. Precision Drilling has a fifty-two week low of C$51.38 and a fifty-two week high of C$101.30. The company has a current ratio of 1.54, a quick ratio of 1.36 and a debt-to-equity ratio of 51.98.

About Precision Drilling

(Get Free Report)

Precision Drilling Corp is a leader in North American oil and gas services. It is a provider of contract drilling and completion and production services primarily to oil and natural gas exploration and production companies in Canada. Its segments are Contract Drilling Services which is the majority key revenue generator and other segments include Completion and Production Services.

Further Reading

Earnings History and Estimates for Precision Drilling (TSE:PD)

Should You Invest $1,000 in Precision Drilling Right Now?

Before you consider Precision Drilling, 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 Precision Drilling wasn't on the list.

While Precision Drilling currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Hot Stocks to Buy Now: September’s Top Picks With Major Momentum
$15 Billion for Cybersecurity: The Government’s Next Big Push
Tesla’s Future Unleashed: Elon’s Robotics Move Changes Everything

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines