Atb Cap Markets Issues Negative Outlook for TSE:PD Earnings

Precision Drilling Co. (TSE:PDFree Report) (NYSE:PDS) – Equities research analysts at Atb Cap Markets cut their Q2 2025 earnings per share estimates for shares of Precision Drilling in a report released on Tuesday, July 1st. Atb Cap Markets analyst W. Syed now anticipates that the company will earn $0.06 per share for the quarter, down from their prior estimate of $0.09. Atb Cap Markets also issued estimates for Precision Drilling’s Q4 2025 earnings at $1.57 EPS, Q1 2026 earnings at $1.78 EPS, Q2 2026 earnings at $0.18 EPS, Q3 2026 earnings at $1.60 EPS, FY2026 earnings at $5.18 EPS, Q1 2027 earnings at $2.15 EPS, Q2 2027 earnings at $0.34 EPS and FY2027 earnings at $6.35 EPS.

A number of other brokerages have also commented on PD. BMO Capital Markets dropped their price target on Precision Drilling from C$100.00 to C$90.00 in a report on Thursday, April 17th. ATB Capital decreased their target price on Precision Drilling from C$87.00 to C$84.00 and set an “outperform” rating for the company in a research report on Wednesday. National Bankshares lowered their target price on Precision Drilling from C$110.00 to C$100.00 and set a “sector perform” rating on the stock in a research note on Thursday. TD Securities cut their price target on shares of Precision Drilling from C$89.00 to C$69.00 and set a “hold” rating on the stock in a report on Wednesday, April 16th. Finally, Royal Bank Of Canada reduced their price target on shares of Precision Drilling from C$110.00 to C$89.00 and set an “outperform” rating for the company in a research report on Thursday, April 17th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, Precision Drilling presently has a consensus rating of “Moderate Buy” and an average price target of C$93.00.

Read Our Latest Stock Report on Precision Drilling

Precision Drilling Stock Performance

TSE PD opened at C$68.14 on Thursday. The company has a fifty day moving average price of C$62.83 and a 200-day moving average price of C$70.80. The firm has a market cap of C$969.64 million, a price-to-earnings ratio of 4.01, a PEG ratio of -3.24 and a beta of 2.76. The company has a debt-to-equity ratio of 51.98, a current ratio of 1.54 and a quick ratio of 1.36. Precision Drilling has a 1 year low of C$51.38 and a 1 year high of C$109.20.

About Precision Drilling

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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.

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

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