Q3 EPS Forecast for Precision Drilling Decreased by Analyst

Precision Drilling Co. (TSE:PD) (NYSE:PDS) – Investment analysts at Atb Cap Markets cut their Q3 2025 earnings per share (EPS) estimates for shares of Precision Drilling in a report issued on Tuesday, July 1st. Atb Cap Markets analyst W. Syed now expects that the company will post earnings of $1.28 per share for the quarter, down from their prior estimate of $1.67. Atb Cap Markets also issued estimates for Precision Drilling’s FY2025 earnings at $5.33 EPS and Q4 2026 earnings at $1.63 EPS.

PD has been the subject of a number of other reports. Royal Bank Of Canada lowered their price target on Precision Drilling from C$110.00 to C$89.00 and set an “outperform” rating for the company in a report on Thursday, April 17th. Raymond James Financial downgraded Precision Drilling from a “strong-buy” rating to an “outperform” rating and lowered their price target for the company from C$141.00 to C$124.00 in a report on Wednesday, April 9th. CIBC lowered their price objective on Precision Drilling from C$115.00 to C$95.00 in a research note on Thursday, April 10th. BMO Capital Markets lowered their price objective on Precision Drilling from C$100.00 to C$90.00 in a research note on Thursday, April 17th. Finally, National Bankshares lowered their price objective on Precision Drilling from C$110.00 to C$100.00 and set a “sector perform” rating for the company in a research note on Thursday. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$93.00.

Precision Drilling Price Performance

Shares of TSE PD opened at C$68.14 on Friday. Precision Drilling has a twelve month low of C$51.38 and a twelve month high of C$109.20. The company has a current ratio of 1.54, a quick ratio of 1.36 and a debt-to-equity ratio of 51.98. The company has a market capitalization of C$969.64 million, a price-to-earnings ratio of 4.01, a price-to-earnings-growth ratio of -3.24 and a beta of 2.76. The business has a 50 day simple moving average of C$62.83 and a 200-day simple moving average of C$70.80.

Precision Drilling Company Profile

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.