Atb Cap Markets Analysts Cut Earnings Estimates for TSE:CFW

Calfrac Well Services Ltd. (TSE:CFW) – Research analysts at Atb Cap Markets dropped their Q1 2026 earnings estimates for shares of Calfrac Well Services in a research note issued to investors on Tuesday, December 10th. Atb Cap Markets analyst W. Syed now forecasts that the company will earn $0.14 per share for the quarter, down from their previous estimate of $0.17. Atb Cap Markets has a “Strong-Buy” rating on the stock. The consensus estimate for Calfrac Well Services’ current full-year earnings is $0.38 per share. Atb Cap Markets also issued estimates for Calfrac Well Services’ Q2 2026 earnings at $0.21 EPS, Q3 2026 earnings at $0.22 EPS, FY2026 earnings at $0.60 EPS and FY2027 earnings at $0.70 EPS.

Separately, ATB Capital raised Calfrac Well Services from a “sector perform” rating to an “outperform” rating and upped their price target for the stock from C$4.50 to C$5.50 in a report on Tuesday. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of C$5.00.

Calfrac Well Services Price Performance

TSE:CFW opened at C$3.97 on Thursday. The company has a 50 day moving average price of C$3.87 and a 200-day moving average price of C$4.01. The firm has a market cap of C$340.63 million, a price-to-earnings ratio of 1.77, a price-to-earnings-growth ratio of -0.30 and a beta of 1.65. Calfrac Well Services has a 1-year low of C$3.64 and a 1-year high of C$5.38. The company has a debt-to-equity ratio of 58.76, a current ratio of 2.31 and a quick ratio of 1.33.

Calfrac Well Services (TSE:CFW) last issued its earnings results on Wednesday, November 6th. The company reported C($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.19 by C($0.27). Calfrac Well Services had a return on equity of 22.89% and a net margin of 7.23%. The business had revenue of C$430.11 million for the quarter, compared to analysts’ expectations of C$400.60 million.

Insider Activity at Calfrac Well Services

In related news, Director Charles Pellerin purchased 41,411 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The stock was purchased at an average price of C$3.65 per share, with a total value of C$151,150.15. 46.88% of the stock is owned by corporate insiders.

Calfrac Well Services Company Profile

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 completion services for the oil and natural gas industry. The company was founded in 1999 and is headquartered in Calgary, Canada.