Calfrac Well Services (TSE:CFW) Upgraded at Atb Cap Markets

Atb Cap Markets upgraded shares of Calfrac Well Services (TSE:CFW) from a hold rating to a strong-buy rating in a report released on Tuesday morning,Zacks.com reports. Atb Cap Markets also issued estimates for Calfrac Well Services’ Q1 2026 earnings at $0.14 EPS, 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 shares of Calfrac Well Services from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from C$4.50 to C$5.50 in a research note on Tuesday. Three research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of C$5.00.

Calfrac Well Services Trading Up 1.8 %

TSE CFW opened at C$3.97 on Tuesday. The company has a fifty day moving average of C$3.87 and a 200 day moving average of C$4.01. The company has a market capitalization of C$340.63 million, a PE ratio of 1.77, a P/E/G ratio of -0.30 and a beta of 1.65. 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 has a 1 year low of C$3.64 and a 1 year high of C$5.38.

Calfrac Well Services (TSE:CFW) last issued its earnings results on Wednesday, November 6th. The company reported C($0.08) EPS for the quarter, missing analysts’ consensus estimates of C$0.19 by C($0.27). The company had revenue of C$430.11 million during the quarter, compared to analysts’ expectations of C$400.60 million. Calfrac Well Services had a return on equity of 22.89% and a net margin of 7.23%. Research analysts forecast that Calfrac Well Services will post 0.3798828 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Charles Pellerin acquired 41,411 shares of Calfrac Well Services stock in a transaction on Monday, November 11th. The stock was bought at an average cost of C$3.65 per share, for a total transaction of C$151,150.15. 46.88% of the stock is currently owned by insiders.

About Calfrac Well Services

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.