National Bank Financial Weighs in on Pason Systems Inc.’s FY2025 Earnings (TSE:PSI)

Pason Systems Inc. (TSE:PSI) – Research analysts at National Bank Financial lowered their FY2025 EPS estimates for Pason Systems in a report released on Wednesday, August 7th. National Bank Financial analyst D. Payne now expects that the company will post earnings per share of $1.39 for the year, down from their previous forecast of $1.43. The consensus estimate for Pason Systems’ current full-year earnings is $1.21 per share.

A number of other analysts have also recently weighed in on the stock. BMO Capital Markets cut their price objective on shares of Pason Systems from C$22.00 to C$21.00 in a report on Thursday. TD Securities cut their price objective on shares of Pason Systems from C$22.00 to C$20.00 and set a “buy” rating for the company in a research report on Thursday. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$18.67.

Pason Systems Stock Down 1.0 %

TSE:PSI traded down C$0.14 during mid-day trading on Friday, hitting C$14.51. The stock had a trading volume of 25,769 shares, compared to its average volume of 133,317. The stock has a 50-day simple moving average of C$17.24 and a two-hundred day simple moving average of C$15.89. The company has a market capitalization of C$1.15 billion, a PE ratio of 8.93, a PEG ratio of 10.78 and a beta of 1.70. Pason Systems has a twelve month low of C$12.33 and a twelve month high of C$18.59. The company has a current ratio of 2.65, a quick ratio of 3.54 and a debt-to-equity ratio of 3.44.

Pason Systems Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 13th will be given a dividend of $0.13 per share. The ex-dividend date is Friday, September 13th. This represents a $0.52 dividend on an annualized basis and a yield of 3.58%. Pason Systems’s payout ratio is 31.71%.

Insider Activity

In other news, Senior Officer Russell Smith sold 13,000 shares of the firm’s stock in a transaction on Friday, May 24th. The stock was sold at an average price of C$15.50, for a total value of C$201,500.00. In other news, Senior Officer Russell Smith sold 13,000 shares of the firm’s stock in a transaction on Friday, May 24th. The stock was sold at an average price of C$15.50, for a total value of C$201,500.00. Also, Senior Officer Jonathan Faber sold 29,500 shares of the firm’s stock in a transaction on Friday, June 21st. The shares were sold at an average price of C$17.02, for a total value of C$502,090.00. Insiders sold a total of 90,350 shares of company stock worth $1,520,239 over the last 90 days. 0.31% of the stock is currently owned by corporate insiders.

Pason Systems Company Profile

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.