Latest news with #TricanWellService
Business Insider
10 hours ago
- Business
- Business Insider
RBC Capital Sticks to Its Buy Rating for Trican Well Service (TOLWF)
In a report released yesterday, Keith Mackey from RBC Capital maintained a Buy rating on Trican Well Service (TOLWF – Research Report), with a price target of C$6.00. The company's shares closed yesterday at $3.27. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Mackey is a 5-star analyst with an average return of 16.9% and a 56.70% success rate. Mackey covers the Energy sector, focusing on stocks such as Baker Hughes Company, Patterson-UTI, and Atlas Energy Solutions. Currently, the analyst consensus on Trican Well Service is a Moderate Buy with an average price target of $3.89. The company has a one-year high of $3.85 and a one-year low of $2.60. Currently, Trican Well Service has an average volume of 39.66K. Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TOLWF in relation to earlier this year.
Yahoo
15-05-2025
- Business
- Yahoo
Trican Well Service First Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag
Revenue: CA$259.1m (down 4.7% from 1Q 2024). Net income: CA$31.9m (down 23% from 1Q 2024). Profit margin: 12% (down from 15% in 1Q 2024). The decrease in margin was driven by lower revenue. EPS: CA$0.17 (down from CA$0.20 in 1Q 2024). We've discovered 2 warning signs about Trican Well Service. View them for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates by 11%. Looking ahead, revenue is expected to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Canada are expected to grow by 10%. Performance of the Canadian Energy Services industry. The company's shares are up 6.8% from a week ago. Be aware that Trican Well Service is showing 2 warning signs in our investment analysis and 1 of those makes us a bit uncomfortable... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
15-05-2025
- Business
- Yahoo
Trican Well Service First Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag
Revenue: CA$259.1m (down 4.7% from 1Q 2024). Net income: CA$31.9m (down 23% from 1Q 2024). Profit margin: 12% (down from 15% in 1Q 2024). The decrease in margin was driven by lower revenue. EPS: CA$0.17 (down from CA$0.20 in 1Q 2024). We've discovered 2 warning signs about Trican Well Service. View them for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates by 11%. Looking ahead, revenue is expected to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Canada are expected to grow by 10%. Performance of the Canadian Energy Services industry. The company's shares are up 6.8% from a week ago. Be aware that Trican Well Service is showing 2 warning signs in our investment analysis and 1 of those makes us a bit uncomfortable... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-03-2025
- Business
- Yahoo
Trican Well Service's (TSE:TCW) Upcoming Dividend Will Be Larger Than Last Year's
Trican Well Service Ltd.'s (TSE:TCW) dividend will be increasing from last year's payment of the same period to CA$0.05 on 31st of March. This will take the annual payment to 4.4% of the stock price, which is above what most companies in the industry pay. Check out our latest analysis for Trican Well Service We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. However, Trican Well Service's earnings easily cover the dividend. This means that most of its earnings are being retained to grow the business. The next year is set to see EPS grow by 22.3%. If the dividend continues on this path, the payout ratio could be 24% by next year, which we think can be pretty sustainable going forward. While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. The annual payment during the last 10 years was CA$0.30 in 2015, and the most recent fiscal year payment was CA$0.20. Doing the maths, this is a decline of about 4.0% per year. A company that decreases its dividend over time generally isn't what we are looking for. With a relatively unstable dividend, it's even more important to see if earnings per share is growing. Trican Well Service has impressed us by growing EPS at 69% per year over the past five years. Rapid earnings growth and a low payout ratio suggest this company has been effectively reinvesting in its business. Should that continue, this company could have a bright future. Overall, we think this could be an attractive income stock, and it is only getting better by paying a higher dividend this year. The company is easily earning enough to cover its dividend payments and it is great to see that these earnings are being translated into cash flow. Taking this all into consideration, this looks like it could be a good dividend opportunity. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. However, there are other things to consider for investors when analysing stock performance. To that end, Trican Well Service has 2 warning signs (and 1 which is significant) we think you should know about. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
