FY2026 Earnings Estimate for TSE:TCW Issued By Raymond James

Trican Well Service Ltd. (TSE:TCW - Free Report) - Equities research analysts at Raymond James increased their FY2026 earnings per share (EPS) estimates for shares of Trican Well Service in a research note issued to investors on Wednesday, April 9th. Raymond James analyst M. Barth now anticipates that the company will post earnings of $0.67 per share for the year, up from their prior estimate of $0.65.

Separately, TD Securities increased their target price on shares of Trican Well Service from C$4.50 to C$5.00 and gave the company a "hold" rating in a report on Thursday, February 20th.

Trican Well Service Stock Up 1.7 %

Trican Well Service stock traded up C$0.07 during trading on Friday, hitting C$4.20. 427,386 shares of the company were exchanged, compared to its average volume of 605,323. The company has a market capitalization of C$792.61 million, a P/E ratio of 7.47, a PEG ratio of 0.22 and a beta of 1.73. The business's 50 day moving average is C$4.49 and its 200 day moving average is C$4.72. Trican Well Service has a 52 week low of C$3.69 and a 52 week high of C$5.45. The company has a current ratio of 2.62, a quick ratio of 1.75 and a debt-to-equity ratio of 5.89.

Trican Well Service Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 31st were issued a $0.05 dividend. This is an increase from Trican Well Service's previous quarterly dividend of $0.05. This represents a $0.20 dividend on an annualized basis and a dividend yield of 4.76%. The ex-dividend date of this dividend was Friday, March 14th. Trican Well Service's payout ratio is 32.02%.

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About Trican Well Service

Trican Well Service Ltd., an equipment services company, provides various specialized products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells primarily in Canada. The company offers cementing solutions, including pre-flushes and spacers, cement plugs, lost circulation, cement design, and laboratory solutions, as well as surface, intermediate, production, liner, horizontal, and remedial/squeeze cementing services.