Atb Cap Markets Has Negative Outlook of TSE:TCW Q1 Earnings

Trican Well Service Ltd. (TSE:TCW - Free Report) - Research analysts at Atb Cap Markets decreased their Q1 2025 earnings per share (EPS) estimates for shares of Trican Well Service in a note issued to investors on Thursday, February 20th. Atb Cap Markets analyst W. Syed now anticipates that the company will earn $0.16 per share for the quarter, down from their previous forecast of $0.19. Atb Cap Markets also issued estimates for Trican Well Service's Q2 2025 earnings at $0.09 EPS, FY2025 earnings at $0.60 EPS, Q1 2026 earnings at $0.20 EPS, Q2 2026 earnings at $0.13 EPS, Q4 2026 earnings at $0.18 EPS and FY2027 earnings at $0.87 EPS.

Several other analysts have also recently issued reports on TCW. BMO Capital Markets dropped their target price on Trican Well Service from C$5.50 to C$5.00 in a report on Wednesday, October 30th. ATB Capital upped their target price on Trican Well Service from C$5.50 to C$6.00 in a report on Tuesday, December 10th. Finally, TD Securities upped their target price on 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 Trading Up 0.4 %

TSE:TCW traded up C$0.02 during trading hours on Monday, hitting C$4.52. The company had a trading volume of 704,271 shares, compared to its average volume of 511,849. The company has a current ratio of 2.62, a quick ratio of 1.75 and a debt-to-equity ratio of 5.89. The company has a 50-day moving average of C$4.90 and a 200 day moving average of C$4.83. The company has a market cap of C$853.00 million, a P/E ratio of 8.04, a P/E/G ratio of 0.22 and a beta of 1.73. Trican Well Service has a 1 year low of C$3.99 and a 1 year high of C$5.45.

Trican Well Service Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st were given a $0.045 dividend. This represents a $0.18 dividend on an annualized basis and a yield of 3.98%. The ex-dividend date was Friday, December 13th. Trican Well Service's dividend payout ratio is currently 32.02%.

Trican Well Service Company Profile

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.