Analysts Offer Predictions for Precision Drilling Co.’s Q1 2025 Earnings (TSE:PD)

Precision Drilling Co. (TSE:PD) (NYSE:PDS) – Research analysts at Atb Cap Markets raised their Q1 2025 earnings per share (EPS) estimates for shares of Precision Drilling in a note issued to investors on Thursday, April 25th. Atb Cap Markets analyst W. Syed now expects that the company will earn $4.05 per share for the quarter, up from their previous forecast 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.

Other equities research analysts also recently issued reports about the company. Evercore lowered their price target on Precision Drilling from C$142.00 to C$139.00 and set an “outperform” rating for the company in a report on Wednesday, February 7th. ATB Capital lifted their target price on Precision Drilling from C$125.00 to C$126.00 in a research note on Monday, April 8th. Raymond James raised their price objective on shares of Precision Drilling from C$132.00 to C$136.00 and gave the stock a “strong-buy” rating in a research report on Friday. BMO Capital Markets upped their price objective on Precision Drilling from C$125.00 to C$130.00 and gave the company an “outperform” rating in a report on Wednesday, February 7th. Finally, TD Securities lowered their target price on shares of Precision Drilling from C$125.00 to C$115.00 and set a “buy” rating on the stock in a report on Wednesday, February 7th. Eight equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Precision Drilling has a consensus rating of “Buy” and an average price target of C$127.09.

Precision Drilling Trading Up 5.1 %

PD opened at C$98.91 on Monday. 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 company has a market cap of C$1.43 billion, a price-to-earnings ratio of 5.06, a price-to-earnings-growth ratio of -3.24 and a beta of 2.92. The firm has a 50 day simple moving average of C$90.01 and a 200 day simple moving average of C$82.24. Precision Drilling has a fifty-two week low of C$56.42 and a fifty-two week high of C$104.90.

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

Insiders Place Their Bets

In other news, Senior Officer Veronica H. Foley sold 1,763 shares of the business’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of C$62.23, for a total value of C$109,711.49. In other Precision Drilling news, Senior Officer Veronica H. Foley sold 1,763 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of C$62.23, for a total value of C$109,711.49. Also, Director Carey Thomas Ford sold 3,756 shares of the business’s stock in a transaction 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 90 days, insiders sold 21,373 shares of company stock worth $1,329,227. 1.32% of the stock is currently owned by insiders.

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.