Should I buy or sell Trican Well Service stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Trican Well Service in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TCW shares. View TCW analyst ratings or view top-rated stocks .

What is Trican Well Service's stock price target for 2024?

5 brokerages have issued 1-year price targets for Trican Well Service's stock. Their TCW share price targets range from C$4.50 to C$6.75. On average, they anticipate the company's share price to reach C$5.46 in the next twelve months. This suggests a possible upside of 27.7% from the stock's current price. View analysts price targets for TCW or view top-rated stocks among Wall Street analysts .

How have TCW shares performed in 2024?

Trican Well Service's stock was trading at C$4.12 at the beginning of the year. Since then, TCW stock has increased by 3.9% and is now trading at C$4.28. View the best growth stocks for 2024 here .

When is Trican Well Service's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our TCW earnings forecast .

How were Trican Well Service's earnings last quarter?

Trican Well Service Ltd. (TSE:TCW) released its earnings results on Wednesday, February, 21st. The company reported $0.14 earnings per share for the quarter, hitting analysts' consensus estimates of $0.14. The business had revenue of $254.92 million for the quarter, compared to the consensus estimate of $244.57 million. Trican Well Service had a trailing twelve-month return on equity of 23.69% and a net margin of 12.44%.

How often does Trican Well Service pay dividends? What is the dividend yield for Trican Well Service?

Trican Well Service declared a quarterly dividend on Thursday, March 14th. Investors of record on Friday, March 29th will be paid a dividend of 0.045 per share on Friday, March 29th. This represents a $0.18 annualized dividend and a yield of 4.21%. The ex-dividend date of this dividend is Thursday, March 14th. This is a boost from the stock's previous quarterly dividend of C$0.04. Read our dividend analysis for TCW .

Is Trican Well Service a good dividend stock?

Trican Well Service (TSE:TCW) pays an annual dividend of C$0.18 per share and currently has a dividend yield of 3.90%. The dividend payout ratio is 32.73%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for TCW .

What other stocks do shareholders of Trican Well Service own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Trican Well Service investors own include Calfrac Well Services (CFW) , Tesla (TSLA) , Precision Drilling (PD) , Lundin Mining (LUN) , Bombardier, Inc. Class B (BBD.B) , Baytex Energy (BTE) , First Quantum Minerals (FM) , Zargon Oil & Gas (ZAR) , Aurora Cannabis (ACB) and Whitecap Resources (WCP) .

How do I buy shares of Trican Well Service?

Shares of TCW stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:TCW

Trican Well Service (TCW) Stock Price, News & Analysis

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Free TCW Stock Alerts

C$4.28

-0.06 (-1.38%)

(As of 04/17/2024 ET)

Compare

Today's Range: C$4.26
▼
C$4.39
50-Day Range: C$3.96
▼
C$4.61
52-Week Range: C$2.91
▼
C$5.33

Volume: 342,045 shs
Average Volume: 752,898 shs
Market Capitalization: C$891.35 million

P/E Ratio: 7.78
Dividend Yield: 4.21%
Price Target: C$5.46

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Trican Well Service alerts:

Trican Well Service MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.60 Rating Score
Upside/Downside: 27.7% Upside
C$5.46 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.16
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.01 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
Trican Well Service has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Trican Well Service has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for TCW.

2.5

Dividend Strength

Dividend Leadership
Trican Well Service is a leading dividend payer. It pays a dividend yield of 3.90%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Trican Well Service does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Trican Well Service is 32.73%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TCW.

1.8

News and Social Media Coverage

News Sentiment
Trican Well Service has a news sentiment score of 0.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.38 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Trican Well Service this week, compared to 0 articles on an average week.
Search Interest
Only 1 people have searched for TCW on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Trican Well Service insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.57% of the stock of Trican Well Service is held by insiders.
Percentage Held by Institutions
Only 21.75% of the stock of Trican Well Service is held by institutions.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Trican Well Service is 7.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.89.
Price to Earnings Ratio vs. Sector
The P/E ratio of Trican Well Service is 7.78, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 93.49.
Price to Earnings Growth Ratio
Trican Well Service has a PEG Ratio of 0.22. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Trican Well Service has a P/B Ratio of 1.73. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Trican Well Service Stock (TSE:TCW)

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. It also provides hydraulic fracturing solutions, such as friction reducers, crosslinked gels, energized foam systems, visco-elastic systems, and high-rate nitrogen for coal bed methane fracturing and gelled hydrocarbons, as well as dissolvable ball sealers and diverting agents; and coiled tubing solutions comprising milling services, including fracturing plugs and ports, stage tool/debris subs, cement milling, and confirmation runs; coiled tubing fracturing; e-coil; in-house engineering; and acidizing and production enhancement services. In addition, the company offers fracture acidizing and production enhancement services that include restore well performance blockages from inorganic scales, emulsions, drilling mud, formation fines, clays, and organic deposits; nitrogen services; and engineering support, reservoir expertise, and laboratory services, as well as engages in the chemical sales. Trican Well Service Ltd. was incorporated in 1979 and is headquartered in Calgary, Canada.

TCW Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TCW Stock News Headlines

April 11, 2024 | finance.yahoo.com

Trican Well Service Ltd.'s (TSE:TCW) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

April 11, 2024 | americanbankingnews.com

Trican Well Service Ltd. (TSE:TCW) Expected to Earn Q1 2024 Earnings of $0.18 Per Share

April 18, 2024 | Timothy Sykes (Ad)

Urgent alert: open this for a huge profit potential

This groundbreaking technology that Tim calls “Inception” isn’t being talked about anywhere… not on Fox, Yahoo, or CNBC.

March 18, 2024 | msn.com

Farmers, oil drillers in parched Alberta brace for water shortage

March 18, 2024 | reuters.com

Focus: Farmers, oil drillers in parched Alberta brace for water shortage

February 21, 2024 | finance.yahoo.com

Trican Reports Annual Results for 2023, Declares Quarterly Dividend and Announces 12.5% Dividend Increase

February 13, 2024 | wsj.com

Trican Well Service Ltd.

January 18, 2024 | seekingalpha.com

Total Energy Services: Trading At A 20%-Plus Free Cash Flow Yield

April 18, 2024 | Timothy Sykes (Ad)

Urgent alert: open this for a huge profit potential

This groundbreaking technology that Tim calls “Inception” isn’t being talked about anywhere… not on Fox, Yahoo, or CNBC.

January 15, 2024 | finance.yahoo.com

Should You Be Adding Trican Well Service (TSE:TCW) To Your Watchlist Today?

January 2, 2024 | finance.yahoo.com

Trican Well Service Ltd. Announces Fourth Quarter and Year-End 2023 Conference Call

November 23, 2023 | seekingalpha.com

TCW:CA Trican Well Service Ltd.

October 10, 2023 | msn.com

3 Under-the-Radar Dividend Payers With Solid Growth Prospects in 2023

October 10, 2023 | finance.yahoo.com

Trican Well Service Ltd. Announces Third Quarter 2023 Conference Call

September 3, 2023 | finance.yahoo.com

Trican Well Service Ltd.'s (TSE:TCW) top owners are individual investors with 60% stake, while 39% is held by institutions

August 26, 2023 | finance.yahoo.com

Trican Well Service Ltd. (TWZ.F)

August 3, 2023 | finance.yahoo.com

Here's Why Trican Well Service (TSE:TCW) Has Caught The Eye Of Investors

July 5, 2023 | finance.yahoo.com

Trican Well Service Ltd. Announces Second Quarter 2023 Conference Call

June 10, 2023 | theglobeandmail.com

Closing Bell: Trican Well down on Friday (TCW)

June 9, 2023 | finance.yahoo.com

Trican Well Service Ltd. (TSE:TCW) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

May 11, 2023 | finance.yahoo.com

Trican Reports First Quarter Results for 2023 and Declares Quarterly Dividend

May 8, 2023 | finance.yahoo.com

Could The Market Be Wrong About Trican Well Service Ltd. (TSE:TCW) Given Its Attractive Financial Prospects?

May 1, 2023 | theglobeandmail.com

Closing Bell: Trican Well down on Monday (TCW)

April 13, 2023 | theglobeandmail.com

Closing Bell: Trican Well up on Thursday (TCW)

April 11, 2023 | theglobeandmail.com

Closing Bell: Trican Well up on Monday (TCW)

April 3, 2023 | finance.yahoo.com

Trican Well Service Ltd. Announces First Quarter 2023 Conference Call

March 30, 2023 | finance.yahoo.com

Trican Well Service (TSE:TCW) Might Have The Makings Of A Multi-Bagger

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Ex-Dividend for 3/29 Dividend: 3/14/2024
Dividend Payable: 3/29/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/09/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Energy
Industry: Oil & Gas Equipment & Services
Sub-Industry: N/A
Current Symbol: TSE:TCW
CUSIP: N/A
CIK: N/A
Web: www.trican.ca
Phone: +1-403-2660202
Fax: N/A
Employees: 1,195
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$5.46
High Stock Price Target: C$6.75
Low Stock Price Target: C$4.50
Potential Upside/Downside: +27.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.60
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.55
Trailing P/E Ratio: 7.78
Forward P/E Ratio: 8.74
P/E Growth: 0.22
Net Income: C$121.01 million
Net Margins: 12.44%
Pretax Margin: N/A
Return on Equity: 23.69%
Return on Assets: 14.53%

Debt

Debt-to-Equity Ratio: 3.51
Current Ratio: 2.06
Quick Ratio: 1.75

Sales & Book Value

Annual Sales: C$972.68 million
Price / Sales: 0.92
Cash Flow: C$0.05 per share
Price / Cash Flow: 84.77
Book Value: C$2.47 per share
Price / Book: 1.73

Miscellaneous

Outstanding Shares: 208,260,000
Free Float: N/A
Market Cap: C$891.35 million
Optionable: Not Optionable
Beta: 1.82

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Key Executives

Mr. Bradley P. D. Fedora MBA (Age 54)
President, CEO & Non-Independent Director
Comp: $2.39M
Mr. Scott E. Matson
Chief Financial Officer
Mr. Todd G. Thue C.E.T.
Chief Operating Officer
Dr. Chika Benjamin Onwuekwe L.L.M.
Ph.D., Q.C., VP of Legal, General Counsel & Corporate Secretary
Mr. Brian James Lane
Vice President of Sales & Marketing
Ms. Kathleen McCrum
Vice President of Human Resources

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

TCW Stock Analysis - Frequently Asked Questions

Should I buy or sell Trican Well Service stock right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Trican Well Service in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TCW shares.
View TCW analyst ratings or view top-rated stocks.
What is Trican Well Service's stock price target for 2024?: 5 brokerages have issued 1-year price targets for Trican Well Service's stock. Their TCW share price targets range from C$4.50 to C$6.75. On average, they anticipate the company's share price to reach C$5.46 in the next twelve months. This suggests a possible upside of 27.7% from the stock's current price.
View analysts price targets for TCW or view top-rated stocks among Wall Street analysts.
How have TCW shares performed in 2024?: Trican Well Service's stock was trading at C$4.12 at the beginning of the year. Since then, TCW stock has increased by 3.9% and is now trading at C$4.28.
View the best growth stocks for 2024 here.
When is Trican Well Service's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our TCW earnings forecast.
How were Trican Well Service's earnings last quarter?: Trican Well Service Ltd. (TSE:TCW) released its earnings results on Wednesday, February, 21st. The company reported $0.14 earnings per share for the quarter, hitting analysts' consensus estimates of $0.14. The business had revenue of $254.92 million for the quarter, compared to the consensus estimate of $244.57 million. Trican Well Service had a trailing twelve-month return on equity of 23.69% and a net margin of 12.44%.

How often does Trican Well Service pay dividends? What is the dividend yield for Trican Well Service?: Trican Well Service declared a quarterly dividend on Thursday, March 14th. Investors of record on Friday, March 29th will be paid a dividend of 0.045 per share on Friday, March 29th. This represents a $0.18 annualized dividend and a yield of 4.21%. The ex-dividend date of this dividend is Thursday, March 14th. This is a boost from the stock's previous quarterly dividend of C$0.04.
Read our dividend analysis for TCW.
Is Trican Well Service a good dividend stock?: Trican Well Service (TSE:TCW) pays an annual dividend of C$0.18 per share and currently has a dividend yield of 3.90%. The dividend payout ratio is 32.73%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for TCW.
What other stocks do shareholders of Trican Well Service own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Trican Well Service investors own include Calfrac Well Services (CFW), Tesla (TSLA), Precision Drilling (PD), Lundin Mining (LUN), Bombardier, Inc. Class B (BBD.B), Baytex Energy (BTE), First Quantum Minerals (FM), Zargon Oil & Gas (ZAR), Aurora Cannabis (ACB) and Whitecap Resources (WCP).
How do I buy shares of Trican Well Service?: Shares of TCW stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:TCW) was last updated on 4/18/2024 by MarketBeat.com Staff

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Trican Well Service (TCW) Stock Price, News & Analysis

Trican Well Service MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Trican Well Service Stock (TSE:TCW)

TCW Stock Price History

TCW Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

TCW Stock Analysis - Frequently Asked Questions

Overall MarketRank^™