Atb Cap Markets Has Pessimistic View of TSE:TCW Q4 Earnings

Trican Well Service Ltd. (TSE:TCW - Free Report) - Equities research analysts at Atb Cap Markets lowered their Q4 2025 earnings estimates for shares of Trican Well Service in a report released on Wednesday, October 30th. Atb Cap Markets analyst W. Syed now forecasts that the company will post earnings of $0.16 per share for the quarter, down from their prior estimate of $0.17.

Trican Well Service (TSE:TCW - Get Free Report) last issued its quarterly earnings results on Tuesday, July 30th. The company reported C$0.08 earnings per share for the quarter, beating the consensus estimate of C$0.06 by C$0.02. The firm had revenue of C$211.81 million during the quarter, compared to the consensus estimate of C$191.10 million. Trican Well Service had a return on equity of 24.57% and a net margin of 12.36%.

Other equities research analysts also recently issued reports about the company. Raymond James reduced their price objective on Trican Well Service from C$5.00 to C$4.75 in a report on Tuesday, October 15th. Cormark increased their price objective on shares of Trican Well Service from C$6.00 to C$6.50 in a research report on Monday, July 29th. TD Securities cut their target price on shares of Trican Well Service from C$5.00 to C$4.75 and set a "hold" rating for the company in a research report on Tuesday, October 8th. BMO Capital Markets decreased their target price on shares of Trican Well Service from C$5.50 to C$5.00 in a research note on Wednesday. Finally, Royal Bank of Canada raised their price target on Trican Well Service from C$5.50 to C$6.00 and gave the stock an "outperform" rating in a research note on Thursday, August 1st. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of C$5.72.

Trican Well Service Stock Down 2.4 %

TCW stock traded down C$0.11 during trading on Friday, hitting C$4.51. 402,093 shares of the stock traded hands, compared to its average volume of 705,713. The stock has a market cap of C$865.65 million, a price-to-earnings ratio of 7.91, a price-to-earnings-growth ratio of 0.22 and a beta of 1.73. The firm's 50 day moving average is C$4.74 and its two-hundred day moving average is C$4.64. Trican Well Service has a 1 year low of C$3.79 and a 1 year high of C$5.24. The company has a debt-to-equity ratio of 3.90, a current ratio of 2.60 and a quick ratio of 1.75.

Insider Activity at Trican Well Service

In related news, Senior Officer Scott Eric Matson acquired 27,000 shares of the business's stock in a transaction that occurred on Friday, August 9th. The stock was bought at an average cost of C$4.82 per share, for a total transaction of C$130,140.00. Over the last three months, insiders have purchased 35,977 shares of company stock worth $173,559. Corporate insiders own 0.62% of the company's stock.

Trican Well Service Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a $0.045 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.18 dividend on an annualized basis and a yield of 3.99%. Trican Well Service's dividend payout ratio is currently 31.58%.

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.