Atb Cap Markets Issues Negative Estimate for TSE:PD Earnings

Precision Drilling Co. (TSE:PD) (NYSE:PDS) – Stock analysts at Atb Cap Markets cut their Q3 2025 EPS estimates for shares of Precision Drilling in a report released on Thursday, February 13th. Atb Cap Markets analyst W. Syed now anticipates that the company will post earnings of $2.47 per share for the quarter, down from their previous estimate of $2.48. Atb Cap Markets also issued estimates for Precision Drilling’s Q3 2025 earnings at $2.47 EPS, Q4 2025 earnings at $2.79 EPS, Q4 2025 earnings at $2.79 EPS, Q2 2026 earnings at $1.10 EPS, Q3 2026 earnings at $3.13 EPS, Q3 2026 earnings at $3.13 EPS, Q4 2026 earnings at $3.26 EPS, FY2026 earnings at $10.34 EPS and FY2027 earnings at $11.81 EPS.

Several other brokerages have also weighed in on PD. ATB Capital lifted their target price on shares of Precision Drilling from C$109.00 to C$123.00 in a research report on Tuesday, December 10th. Raymond James cut their price target on shares of Precision Drilling from C$146.00 to C$141.00 in a report on Friday, February 14th. TD Securities cut their price target on shares of Precision Drilling from C$100.00 to C$89.00 and set a “hold” rating for the company in a report on Friday, February 14th. CIBC cut their price target on shares of Precision Drilling from C$125.00 to C$115.00 in a report on Friday, February 14th. Finally, Royal Bank of Canada cut their price target on shares of Precision Drilling from C$121.00 to C$110.00 in a report on Friday, February 14th. One investment analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of C$119.00.

Precision Drilling Price Performance

Shares of Precision Drilling stock opened at C$77.99 on Monday. The company has a debt-to-equity ratio of 51.98, a quick ratio of 1.36 and a current ratio of 1.54. The firm’s 50-day simple moving average is C$86.77 and its 200-day simple moving average is C$88.93. Precision Drilling has a twelve month low of C$76.50 and a twelve month high of C$109.20. The firm has a market cap of C$1.11 billion, a P/E ratio of 4.59, a price-to-earnings-growth ratio of -3.24 and a beta of 2.76.

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.