FY2025 Earnings Estimate for Pason Systems Inc. (TSE:PSI) Issued By National Bank Financial

Pason Systems Inc. (TSE:PSI) – National Bank Financial decreased their FY2025 earnings estimates for Pason Systems in a research note issued to investors on Thursday, May 2nd. National Bank Financial analyst D. Payne now anticipates that the company will earn $1.43 per share for the year, down from their previous forecast of $1.45. The consensus estimate for Pason Systems’ current full-year earnings is $1.29 per share.

Several other brokerages have also weighed in on PSI. BMO Capital Markets increased their price objective on shares of Pason Systems from C$18.00 to C$20.00 in a report on Tuesday, April 23rd. Stifel Nicolaus increased their target price on shares of Pason Systems from C$16.00 to C$17.00 and gave the stock a “hold” rating in a report on Wednesday, January 10th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$18.50.

Pason Systems Trading Down 1.2 %

Shares of TSE PSI opened at C$15.78 on Monday. The company’s 50 day simple moving average is C$15.30 and its 200 day simple moving average is C$14.83. Pason Systems has a fifty-two week low of C$10.75 and a fifty-two week high of C$17.49. The firm has a market capitalization of C$1.25 billion, a P/E ratio of 13.04, a P/E/G ratio of 10.78 and a beta of 1.69. The company has a debt-to-equity ratio of 3.24, a current ratio of 4.84 and a quick ratio of 3.54.

Pason Systems (TSE:PSI) last announced its quarterly earnings data on Wednesday, February 28th. The company reported C$0.11 earnings per share for the quarter. Pason Systems had a net margin of 26.41% and a return on equity of 24.51%. The business had revenue of C$93.30 million for the quarter, compared to analyst estimates of C$86.65 million.

Insider Transactions at Pason Systems

In other news, Senior Officer Russell Smith sold 7,000 shares of the stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of C$15.30, for a total transaction of C$107,100.00. 0.31% of the stock is owned by insiders.

Pason Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a $0.13 dividend. The ex-dividend date is Friday, June 14th. This represents a $0.52 annualized dividend and a yield of 3.30%. Pason Systems’s dividend payout ratio (DPR) is presently 42.98%.

About Pason Systems

Pason Systems Inc, together with its subsidiaries, provides instrumentation and data management systems for drilling rigs in Canada, the United States, and internationally. The company provides Electronic Drilling Recorder, which provides real-time drilling data to rig site personnel; DataHub with Pason Live, which is used as the central repository for data and reports captured at the rigs for real-time; and DataLink that provides automated in-house databases, third-party analytics platforms, remote geosteering, and other remote services.