What is Atb Cap Markets’ Estimate for TSE:PD Q1 Earnings?

Precision Drilling Co. (TSE:PD) (NYSE:PDS) – Stock analysts at Atb Cap Markets decreased their Q1 2025 earnings per share estimates for Precision Drilling in a note issued to investors on Wednesday, October 30th. Atb Cap Markets analyst W. Syed now expects that the company will earn $2.73 per share for the quarter, down from their previous estimate of $3.08. Atb Cap Markets also issued estimates for Precision Drilling’s Q4 2025 earnings at $3.23 EPS.

PD has been the topic of several other reports. TD Securities reduced their price objective on Precision Drilling from C$140.00 to C$120.00 and set a “buy” rating on the stock in a research report on Tuesday, October 8th. CIBC upped their price objective on Precision Drilling from C$130.00 to C$140.00 and gave the company an “outperform” rating in a research report on Wednesday, July 31st. BMO Capital Markets reduced their price objective on Precision Drilling from C$140.00 to C$130.00 in a research report on Friday, October 4th. Raymond James reduced their price objective on Precision Drilling from C$143.00 to C$142.00 in a research report on Tuesday, October 15th. Finally, ATB Capital reduced their price objective on Precision Drilling from C$123.00 to C$113.00 in a research report on Monday, September 23rd. Eight research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of C$126.90.

Precision Drilling Stock Down 0.9 %

Precision Drilling stock opened at C$82.86 on Friday. The company has a debt-to-equity ratio of 56.37, a quick ratio of 1.36 and a current ratio of 1.51. The firm has a market capitalization of C$1.17 billion, a price-to-earnings ratio of 5.17, a price-to-earnings-growth ratio of -3.24 and a beta of 2.76. Precision Drilling has a fifty-two week low of C$67.46 and a fifty-two week high of C$109.20. The stock’s fifty day moving average is C$87.58 and its two-hundred day moving average is C$93.50.

Insiders Place Their Bets

In other Precision Drilling news, Director David Williams sold 3,500 shares of the company’s stock in a transaction dated Monday, August 26th. The stock was sold at an average price of C$100.01, for a total transaction of C$350,035.00. In other news, Senior Officer Veronica H. Foley sold 5,335 shares of the stock in a transaction dated Monday, August 26th. The stock was sold at an average price of C$99.49, for a total value of C$530,779.18. Also, Director David Williams sold 3,500 shares of the stock in a transaction dated Monday, August 26th. The shares were sold at an average price of C$100.01, for a total value of C$350,035.00. 2.12% of the stock is currently owned by insiders.

Precision Drilling Company Profile

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.