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

Precision Drilling Co. (TSE:PD - Free Report) NYSE: PDS - Investment analysts at Atb Cap Markets decreased their Q1 2026 earnings per share estimates for shares of Precision Drilling in a report issued on Thursday, April 24th. Atb Cap Markets analyst W. Syed now forecasts that the company will post earnings per share of $1.89 for the quarter, down from their previous estimate of $2.11. Atb Cap Markets also issued estimates for Precision Drilling's Q3 2026 earnings at $1.69 EPS, FY2026 earnings at $5.52 EPS, Q1 2027 earnings at $2.24 EPS and FY2027 earnings at $6.61 EPS.

Several other equities research analysts also recently commented on PD. Royal Bank of Canada dropped their price objective on shares of Precision Drilling from C$110.00 to C$89.00 and set an "outperform" rating on the stock in a report on Thursday, April 17th. TD Securities dropped their price target on shares of Precision Drilling from C$89.00 to C$69.00 and set a "hold" rating on the stock in a research note on Wednesday, April 16th. Raymond James lowered shares of Precision Drilling from a "strong-buy" rating to an "outperform" rating and reduced their price objective for the company from C$141.00 to C$124.00 in a research note on Wednesday, April 9th. BMO Capital Markets dropped their target price on Precision Drilling from C$100.00 to C$90.00 in a research report on Thursday, April 17th. Finally, CIBC reduced their price target on Precision Drilling from C$115.00 to C$95.00 in a research report on Thursday, April 10th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Precision Drilling has a consensus rating of "Moderate Buy" and an average price target of C$98.33.

Precision Drilling Stock Performance

TSE PD opened at C$59.66 on Monday. The company has a market capitalization of C$848.97 million, a PE ratio of 3.51, a price-to-earnings-growth ratio of -3.24 and a beta of 2.76. The company has a debt-to-equity ratio of 51.98, a quick ratio of 1.36 and a current ratio of 1.54. Precision Drilling has a 52-week low of C$51.38 and a 52-week high of C$109.20. The company has a 50-day simple moving average of C$64.45 and a 200 day simple moving average of C$78.84.

Insider Transactions at Precision Drilling

In other news, Director Carey Thomas Ford sold 5,108 shares of the business's stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of C$77.66, for a total transaction of C$396,686.26. Also, Senior Officer Veronica H. Foley sold 3,393 shares of Precision Drilling stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of C$77.66, for a total transaction of C$263,499.70. Company insiders own 2.12% of the company's stock.

About Precision Drilling

Precision Drilling Corp is a leader in North American oil and gas services. It is a provider of contract drilling and completion and production services primarily to oil and natural gas exploration and production companies in Canada. Its segments are Contract Drilling Services which is the majority key revenue generator and other segments include Completion and Production Services.

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