Calfrac Well Services (TSE:CFW) Given New C$5.25 Price Target at ATB Capital

Calfrac Well Services (TSE:CFW) had its price target lifted by ATB Capital from C$4.25 to C$5.25 in a research note published on Monday,BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

Calfrac Well Services Price Performance

CFW stock opened at C$4.96 on Monday. Calfrac Well Services has a 52-week low of C$2.98 and a 52-week high of C$5.22. The company has a quick ratio of 1.33, a current ratio of 2.23 and a debt-to-equity ratio of 57.80. The stock has a market cap of C$490.55 million, a price-to-earnings ratio of 21.09, a price-to-earnings-growth ratio of -0.30 and a beta of 0.26. The business has a fifty day moving average of C$3.73 and a two-hundred day moving average of C$3.53.

Calfrac Well Services (TSE:CFW) last released its quarterly earnings results on Friday, November 14th. The company reported C$0.05 earnings per share for the quarter. The business had revenue of C$323.41 million during the quarter. Calfrac Well Services had a return on equity of 4.42% and a net margin of 1.74%. As a group, research analysts anticipate that Calfrac Well Services will post 0.3798828 earnings per share for the current year.

Calfrac Well Services Company Profile

Calfrac Well Services Ltd provides specialized oilfield services, including hydraulic fracturing, coiled tubing, cementing, and other well completion services to the oil and natural gas industries in Canada, the United States, Russia, and Argentina. It generates maximum revenue from the United States.