TSE:TCW FY2025 EPS Increased by Raymond James Financial

Trican Well Service Ltd. (TSE:TCW) – Analysts at Raymond James Financial upped their FY2025 EPS estimates for Trican Well Service in a research note issued on Wednesday, July 30th. Raymond James Financial analyst M. Barth now expects that the company will post earnings of $0.65 per share for the year, up from their previous estimate of $0.63. Raymond James Financial has a “Moderate Buy” rating and a $6.50 price target on the stock. Raymond James Financial also issued estimates for Trican Well Service’s FY2027 earnings at $0.81 EPS.

TCW has been the topic of a number of other reports. National Bankshares raised their target price on Trican Well Service from C$5.75 to C$6.50 and gave the stock a “sector perform” rating in a report on Friday, July 4th. ATB Capital raised their price objective on Trican Well Service from C$5.50 to C$6.50 and gave the stock an “outperform” rating in a research note on Friday, July 4th. Royal Bank Of Canada lifted their price objective on Trican Well Service from C$5.50 to C$6.00 and gave the company an “outperform” rating in a research report on Thursday, May 22nd. BMO Capital Markets increased their target price on shares of Trican Well Service from C$5.00 to C$6.00 and gave the stock an “outperform” rating in a report on Friday, July 4th. Finally, TD Securities raised their target price on shares of Trican Well Service from C$4.75 to C$5.50 and gave the stock a “hold” rating in a research note on Friday, July 4th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$6.17.

Trican Well Service Trading Down 0.5%

Shares of Trican Well Service stock opened at C$5.66 on Friday. Trican Well Service has a 1-year low of C$3.69 and a 1-year high of C$5.91. The company’s fifty day simple moving average is C$4.99 and its 200-day simple moving average is C$4.66. The company has a debt-to-equity ratio of 5.89, a current ratio of 2.62 and a quick ratio of 1.75. The stock has a market capitalization of C$1.07 billion, a PE ratio of 10.07, a P/E/G ratio of 0.22 and a beta of 1.73.

Trican Well Service Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 30th were issued a $0.05 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $0.20 dividend on an annualized basis and a yield of 3.5%. Trican Well Service’s payout ratio is currently 32.02%.

About Trican Well Service

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.