Calfrac Well Services Ltd. (TSE:CFW – Get Rating) – Equities research analysts at Stifel Firstegy lowered their FY2022 earnings per share estimates for Calfrac Well Services in a report released on Sunday, July 24th. Stifel Firstegy analyst C. Pereira now anticipates that the company will earn ($0.22) per share for the year, down from their prior estimate of ($0.21). The consensus estimate for Calfrac Well Services' current full-year earnings is $0.31 per share. Stifel Firstegy also issued estimates for Calfrac Well Services' FY2023 earnings at $0.51 EPS.
Get Calfrac Well Services alerts:Calfrac Well Services (TSE:CFW – Get Rating) last released its quarterly earnings data on Tuesday, May 3rd. The company reported C($0.47) EPS for the quarter, missing analysts' consensus estimates of C($0.17) by C($0.30). The company had revenue of C$294.52 million during the quarter, compared to analysts' expectations of C$305.85 million.
CFW has been the topic of several other research reports. BMO Capital Markets reiterated a "hold" rating and set a C$5.00 price target on shares of Calfrac Well Services in a report on Wednesday, May 4th. Raymond James lowered their price target on Calfrac Well Services from C$5.75 to C$5.50 and set a "market perform" rating on the stock in a report on Tuesday, May 17th. Finally, ATB Capital reduced their price objective on Calfrac Well Services from C$8.00 to C$7.00 and set a "sector perform" rating for the company in a research report on Friday, July 8th.Calfrac Well Services Trading Up 6.8 %
TSE:CFW opened at C$4.86 on Wednesday. Calfrac Well Services has a 52 week low of C$2.75 and a 52 week high of C$6.45. The company has a debt-to-equity ratio of 142.70, a quick ratio of 1.15 and a current ratio of 1.92. The stock's 50 day moving average price is C$4.68 and its 200 day moving average price is C$4.92. The company has a market capitalization of C$186.84 million and a P/E ratio of -2.25.
Calfrac Well Services Company Profile
(Get Rating)
Calfrac Well Services Ltd., together with its subsidiaries, provides specialized oilfield services in Canada, the United States, and Argentina. It offers hydraulic fracturing, coiled tubing, cementing, and other well stimulation services, as well as pressure pumping services to oil and natural gas industries.
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