Atb Cap Markets Issues Negative Estimate for PDS Earnings

Precision Drilling Co. (NYSE:PDS - Free Report) TSE: PD - Equities research analysts at Atb Cap Markets lowered their Q3 2025 earnings per share (EPS) estimates for Precision Drilling in a research note issued to investors on Thursday, February 13th. Atb Cap Markets analyst W. Syed now expects that the oil and gas company will post earnings of $1.73 per share for the quarter, down from their previous forecast of $1.75. The consensus estimate for Precision Drilling's current full-year earnings is $8.46 per share. Atb Cap Markets also issued estimates for Precision Drilling's Q4 2025 earnings at $1.95 EPS, Q1 2026 earnings at $2.00 EPS, Q2 2026 earnings at $0.77 EPS, Q4 2026 earnings at $2.28 EPS, FY2026 earnings at $7.24 EPS and FY2027 earnings at $8.27 EPS.

Precision Drilling (NYSE:PDS - Get Free Report) TSE: PD last posted its earnings results on Wednesday, February 12th. The oil and gas company reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.40 by ($0.64). Precision Drilling had a return on equity of 6.72% and a net margin of 5.87%.

PDS has been the topic of several other research reports. TD Securities cut Precision Drilling from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 3rd. StockNews.com downgraded shares of Precision Drilling from a "buy" rating to a "hold" rating in a report on Friday, February 14th.

Precision Drilling Stock Performance

Shares of NYSE PDS traded down $0.07 during midday trading on Monday, reaching $54.83. The company's stock had a trading volume of 117,402 shares, compared to its average volume of 90,609. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.48 and a quick ratio of 1.35. The stock has a market capitalization of $755.56 million, a P/E ratio of 10.19 and a beta of 1.91. The firm has a 50 day moving average price of $60.19 and a 200-day moving average price of $62.95. Precision Drilling has a 12-month low of $53.31 and a 12-month high of $79.07.

Hedge Funds Weigh In On Precision Drilling

Institutional investors have recently bought and sold shares of the company. US Bancorp DE raised its stake in Precision Drilling by 56.6% in the 3rd quarter. US Bancorp DE now owns 603 shares of the oil and gas company's stock valued at $37,000 after acquiring an additional 218 shares during the period. Aquatic Capital Management LLC bought a new position in shares of Precision Drilling in the fourth quarter worth $71,000. Deutsche Bank AG purchased a new position in shares of Precision Drilling in the fourth quarter valued at $85,000. Signaturefd LLC grew its position in shares of Precision Drilling by 19.9% in the third quarter. Signaturefd LLC now owns 1,660 shares of the oil and gas company's stock valued at $102,000 after purchasing an additional 276 shares in the last quarter. Finally, Blue Trust Inc. lifted its holdings in Precision Drilling by 283.7% during the 3rd quarter. Blue Trust Inc. now owns 2,003 shares of the oil and gas company's stock worth $123,000 after purchasing an additional 1,481 shares in the last quarter. Hedge funds and other institutional investors own 48.86% of the company's stock.

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.