Q3 EPS Forecast for Precision Drilling Lowered by Analyst

Precision Drilling Co. (NYSE:PDS) (TSE:PD) – Equities research analysts at Atb Cap Markets decreased their Q3 2025 EPS estimates for Precision Drilling in a research note issued on Thursday, February 13th. Atb Cap Markets analyst W. Syed now anticipates that the oil and gas company will earn $1.73 per share for the quarter, down from their prior forecast of $1.75. The consensus estimate for Precision Drilling’s current full-year earnings is $6.03 per share. Atb Cap Markets also issued estimates for Precision Drilling’s Q4 2025 earnings at $1.95 EPS, Q1 2026 earnings at $2.00 EPS, Q2 2026 earnings at $0.77 EPS, Q4 2026 earnings at $2.28 EPS, FY2026 earnings at $7.24 EPS and FY2027 earnings at $8.27 EPS.

Precision Drilling (NYSE:PDS) (TSE:PD) last posted its earnings results on Wednesday, February 12th. The oil and gas company reported $0.76 EPS for the quarter, missing analysts’ consensus estimates of $1.40 by ($0.64). Precision Drilling had a net margin of 12.52% and a return on equity of 10.06%.

PDS has been the topic of a number of other research reports. TD Securities cut shares of Precision Drilling from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 3rd. StockNews.com cut shares of Precision Drilling from a “buy” rating to a “hold” rating in a research report on Friday, February 14th.

Precision Drilling Trading Up 0.5 %

NYSE PDS opened at $54.90 on Monday. The firm’s 50-day moving average is $60.32 and its two-hundred day moving average is $63.00. Precision Drilling has a 12 month low of $53.31 and a 12 month high of $79.07. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.54 and a quick ratio of 1.41. The stock has a market capitalization of $756.45 million, a P/E ratio of 4.64 and a beta of 1.91.

Institutional Trading of Precision Drilling

Several hedge funds have recently made changes to their positions in the business. National Bank of Canada FI lifted its position in shares of Precision Drilling by 0.5% during the fourth quarter. National Bank of Canada FI now owns 729,626 shares of the oil and gas company’s stock worth $44,673,000 after purchasing an additional 3,342 shares in the last quarter. Bank of Montreal Can lifted its position in shares of Precision Drilling by 28.0% during the fourth quarter. Bank of Montreal Can now owns 602,954 shares of the oil and gas company’s stock worth $36,832,000 after purchasing an additional 131,843 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Precision Drilling by 33.3% during the fourth quarter. Bank of America Corp DE now owns 396,072 shares of the oil and gas company’s stock worth $24,188,000 after purchasing an additional 98,836 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Precision Drilling by 12.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 265,254 shares of the oil and gas company’s stock worth $16,198,000 after purchasing an additional 29,612 shares in the last quarter. Finally, Millennium Management LLC lifted its position in shares of Precision Drilling by 235.8% during the fourth quarter. Millennium Management LLC now owns 157,433 shares of the oil and gas company’s stock worth $9,621,000 after purchasing an additional 110,546 shares in the last quarter. Institutional investors and hedge funds own 48.86% of the company’s stock.

About Precision Drilling

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.