Precision Drilling Co. to Post Q1 2025 Earnings of $4.05 Per Share, Atb Cap Markets Forecasts (TSE:PD)

Precision Drilling Co. (TSE:PD) (NYSE:PDS) – Stock analysts at Atb Cap Markets raised their Q1 2025 earnings per share (EPS) estimates for Precision Drilling in a research note issued to investors on Thursday, April 25th. Atb Cap Markets analyst W. Syed now anticipates that the company will post earnings of $4.05 per share for the quarter, up from their prior estimate of $3.88. The consensus estimate for Precision Drilling’s current full-year earnings is $8.62 per share. Atb Cap Markets also issued estimates for Precision Drilling’s Q4 2025 earnings at $4.65 EPS, FY2025 earnings at $13.28 EPS and Q1 2026 earnings at $4.73 EPS.

Precision Drilling (TSE:PD) (NYSE:PDS) last announced its quarterly earnings results on Thursday, April 25th. The company reported C$2.53 EPS for the quarter, missing the consensus estimate of C$2.73 by C($0.20). Precision Drilling had a net margin of 14.93% and a return on equity of 20.61%. The firm had revenue of C$527.79 million for the quarter, compared to analysts’ expectations of C$539.50 million.

Other analysts have also recently issued research reports about the company. BMO Capital Markets lifted their price target on Precision Drilling from C$125.00 to C$130.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 7th. TD Securities dropped their price target on shares of Precision Drilling from C$125.00 to C$115.00 and set a “buy” rating on the stock in a research note on Wednesday, February 7th. Piper Sandler Companies reduced their target price on Precision Drilling from C$107.00 to C$100.00 and set an “overweight” rating for the company in a report on Monday, January 8th. CIBC increased their target price on shares of Precision Drilling from C$110.00 to C$130.00 and gave the company an “outperform” rating in a research report on Monday, April 22nd. Finally, Evercore lowered their target price on Precision Drilling from C$142.00 to C$139.00 and set an “outperform” rating on the stock in a report on Wednesday, February 7th. Eight analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of C$127.09.

Precision Drilling Price Performance

PD opened at C$98.91 on Monday. Precision Drilling has a 1 year low of C$56.42 and a 1 year high of C$104.90. The business’s 50-day moving average is C$90.01 and its two-hundred day moving average is C$82.24. The company has a debt-to-equity ratio of 62.97, a current ratio of 1.40 and a quick ratio of 1.36. The firm has a market capitalization of C$1.43 billion, a PE ratio of 5.06, a price-to-earnings-growth ratio of -3.24 and a beta of 2.92.

Insiders Place Their Bets

In other Precision Drilling news, Senior Officer Veronica H. Foley sold 7,878 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of C$62.16, for a total value of C$489,696.48. In other news, Senior Officer Veronica H. Foley sold 7,878 shares of Precision Drilling stock in a transaction on Monday, February 12th. The stock was sold at an average price of C$62.16, for a total value of C$489,696.48. Also, Director Carey Thomas Ford sold 3,756 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of C$62.16, for a total transaction of C$233,472.96. In the last ninety days, insiders have sold 21,373 shares of company stock worth $1,329,227. Corporate insiders own 1.32% of the company’s stock.

Precision Drilling Company Profile

Precision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in North America and the Middle East. The company operates through Contract Drilling Services and Completion and Production Services segments.