Pason Systems Inc. (TSE:PSI – Free Report) – National Bank Financial cut their FY2025 earnings per share estimates for shares of Pason Systems in a research note issued to investors on Thursday, February 27th. National Bank Financial analyst D. Payne now expects that the company will post earnings of $1.02 per share for the year, down from their previous forecast of $1.24. The consensus estimate for Pason Systems’ current full-year earnings is $1.23 per share. National Bank Financial also issued estimates for Pason Systems’ FY2026 earnings at $1.19 EPS.
Separately, National Bankshares reduced their price target on Pason Systems from C$20.00 to C$19.50 and set a “sector perform” rating for the company in a research note on Thursday, December 19th.
Pason Systems Stock Performance
Shares of TSE PSI opened at C$12.37 on Monday. The company has a current ratio of 2.59, a quick ratio of 3.54 and a debt-to-equity ratio of 3.19. Pason Systems has a 12 month low of C$11.84 and a 12 month high of C$18.59. The stock has a 50 day moving average of C$13.62 and a 200-day moving average of C$13.86. The company has a market capitalization of C$984.69 million, a P/E ratio of 8.73, a P/E/G ratio of 10.78 and a beta of 1.58.
Pason Systems Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were given a dividend of $0.13 per share. The ex-dividend date was Tuesday, December 17th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.20%. Pason Systems’s payout ratio is 36.70%.
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.
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