Atb Cap Markets Issues Negative Outlook for TSE:CFW Earnings

Calfrac Well Services Ltd. (TSE:CFW - Free Report) - Equities research analysts at Atb Cap Markets dropped their Q1 2026 earnings per share estimates for shares of Calfrac Well Services in a research note issued on Wednesday, November 6th. Atb Cap Markets analyst W. Syed now anticipates that the company will earn $0.17 per share for the quarter, down from their previous forecast of $0.19. The consensus estimate for Calfrac Well Services' current full-year earnings is $0.38 per share. Atb Cap Markets also issued estimates for Calfrac Well Services' FY2026 earnings at $0.65 EPS.

Calfrac Well Services (TSE:CFW - Get Free Report) last posted its quarterly earnings results on Wednesday, November 6th. The company reported C($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.19 by C($0.27). Calfrac Well Services had a return on equity of 22.89% and a net margin of 7.23%. The company had revenue of C$430.11 million during the quarter, compared to analysts' expectations of C$400.60 million.

Other analysts also recently issued reports about the company. ATB Capital cut their target price on Calfrac Well Services from C$6.00 to C$5.00 and set a "sector perform" rating on the stock in a research note on Friday, August 2nd. Royal Bank of Canada boosted their target price on Calfrac Well Services from C$4.50 to C$5.00 and gave the stock a "sector perform" rating in a research report on Friday, August 2nd.

Calfrac Well Services Stock Down 2.6 %

Shares of TSE CFW traded down C$0.10 during midday trading on Friday, hitting C$3.76. The stock had a trading volume of 13,833 shares, compared to its average volume of 38,102. The business's 50 day moving average is C$3.88 and its 200-day moving average is C$4.07. Calfrac Well Services has a 52 week low of C$3.68 and a 52 week high of C$5.38. The company has a quick ratio of 1.33, a current ratio of 2.31 and a debt-to-equity ratio of 58.76. The company has a market cap of C$322.61 million, a P/E ratio of 1.72, a PEG ratio of -0.30 and a beta of 1.65.

Insider Activity

In other Calfrac Well Services news, insider Sime Armoyan bought 63,600 shares of the business's stock in a transaction that occurred on Friday, September 6th. The stock was purchased at an average price of C$3.85 per share, for a total transaction of C$244,860.00. In other news, Director Charles Pellerin bought 145,189 shares of the firm's stock in a transaction on Friday, August 16th. The stock was acquired at an average cost of C$4.00 per share, with a total value of C$580,756.00. Also, insider Sime Armoyan purchased 63,600 shares of Calfrac Well Services stock in a transaction dated Friday, September 6th. The stock was acquired at an average price of C$3.85 per share, with a total value of C$244,860.00. Insiders have purchased a total of 286,289 shares of company stock valued at $1,121,984 in the last ninety days. Corporate insiders own 46.88% of the company's stock.

Calfrac Well Services Company Profile

Calfrac Well Services Ltd., together with its subsidiaries, provides specialized oilfield services in Canada, the United States, and Argentina. It offers hydraulic fracturing, coiled tubing, cementing, and other well completion services for the oil and natural gas industry. The company was founded in 1999 and is headquartered in Calgary, Canada.