Q2 EPS Estimate for Precision Drilling Lowered by Analyst

Precision Drilling Corporation (NYSE:PDS) (TSE:PD) – Stock analysts at Atb Cap Markets cut their Q2 2025 earnings estimates for shares of Precision Drilling in a research note issued to investors on Tuesday, July 1st. Atb Cap Markets analyst W. Syed now expects that the oil and gas company will earn $0.04 per share for the quarter, down from their prior forecast of $0.06. The consensus estimate for Precision Drilling’s current full-year earnings is $7.10 per share. Atb Cap Markets also issued estimates for Precision Drilling’s Q4 2025 earnings at $1.15 EPS, Q1 2026 earnings at $1.30 EPS, Q2 2026 earnings at $0.13 EPS, FY2026 earnings at $3.78 EPS, Q1 2027 earnings at $1.57 EPS, Q2 2027 earnings at $0.25 EPS and FY2027 earnings at $4.64 EPS.

Precision Drilling (NYSE:PDS) (TSE:PD) last announced its earnings results on Wednesday, April 23rd. The oil and gas company reported $1.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.57 by ($0.04). Precision Drilling had a return on equity of 6.51% and a net margin of 5.84%. The company had revenue of $345.41 million during the quarter, compared to analysts’ expectations of $508.06 million.

Other analysts also recently issued research reports about the company. Raymond James Financial downgraded Precision Drilling from a “strong-buy” rating to an “outperform” rating in a research report on Wednesday, April 9th. Wall Street Zen lowered shares of Precision Drilling from a “buy” rating to a “hold” rating in a report on Monday, March 24th.

Precision Drilling Price Performance

PDS opened at $50.54 on Thursday. The company has a current ratio of 0.91, a quick ratio of 0.82 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $674.66 million, a P/E ratio of 10.05 and a beta of 1.06. The stock has a 50-day moving average price of $45.68 and a 200-day moving average price of $50.12. Precision Drilling has a 12-month low of $36.20 and a 12-month high of $79.07.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Cubist Systematic Strategies LLC purchased a new stake in Precision Drilling during the 1st quarter valued at about $45,000. Aquatic Capital Management LLC bought a new stake in Precision Drilling in the fourth quarter valued at approximately $71,000. Deutsche Bank AG purchased a new stake in shares of Precision Drilling during the fourth quarter valued at approximately $85,000. Signaturefd LLC grew its holdings in shares of Precision Drilling by 30.1% in the fourth quarter. Signaturefd LLC now owns 2,159 shares of the oil and gas company’s stock worth $132,000 after purchasing an additional 499 shares during the last quarter. Finally, Quantbot Technologies LP grew its holdings in shares of Precision Drilling by 1,741.8% in the fourth quarter. Quantbot Technologies LP now owns 2,247 shares of the oil and gas company’s stock worth $137,000 after purchasing an additional 2,125 shares during the last quarter. Hedge funds and other institutional investors own 48.86% of the company’s stock.

About Precision Drilling

Precision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in North America and the Middle East. The company operates through Contract Drilling Services and Completion and Production Services segments.