Should I buy or sell Calfrac Well Services stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Calfrac Well Services in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CFW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CFW, but not buy additional shares or sell existing shares. View CFW analyst ratings or view top-rated stocks .

What is Calfrac Well Services' stock price target for 2024?

4 equities research analysts have issued 1-year target prices for Calfrac Well Services' stock. Their CFW share price targets range from C$5.00 to C$6.00. On average, they expect the company's share price to reach C$5.50 in the next twelve months. This suggests a possible upside of 17.8% from the stock's current price. View analysts price targets for CFW or view top-rated stocks among Wall Street analysts .

How have CFW shares performed in 2024?

Calfrac Well Services' stock was trading at C$4.47 at the beginning of 2024. Since then, CFW shares have increased by 4.5% and is now trading at C$4.67. View the best growth stocks for 2024 here .

When is Calfrac Well Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our CFW earnings forecast .

How were Calfrac Well Services' earnings last quarter?

Calfrac Well Services Ltd. (TSE:CFW) posted its quarterly earnings results on Thursday, March, 14th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.23 by $0.08. The firm had revenue of $421.40 million for the quarter, compared to the consensus estimate of $402.50 million. Calfrac Well Services had a trailing twelve-month return on equity of 38.03% and a net margin of 10.23%.

Is Calfrac Well Services a good dividend stock?

Calfrac Well Services (TSE:CFW) pays an annual dividend of C$0.06 per share and currently has a dividend yield of 2.27%. The dividend payout ratio is 2.68%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for CFW .

What other stocks do shareholders of Calfrac Well Services own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Calfrac Well Services investors own include Xtrackers California Municipal Bond ETF (CA) , Trican Well Service (TCW) , Athabasca Oil (ATH) , BlackRock (BLK) , Endologix (ELGX) , Precision Drilling (PD) , Chipotle Mexican Grill (CMG) , NIC (EGOV) , Aegean Marine Petroleum Network (ANW) and Gran Tierra Energy (GTE) .

How do I buy shares of Calfrac Well Services?

Shares of CFW stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:CFW

Calfrac Well Services (CFW) Stock Price, News & Analysis

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Free CFW Stock Alerts

C$4.67

+0.15 (+3.32%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$4.53
▼
C$4.70
50-Day Range: C$3.82
▼
C$5.31
52-Week Range: C$3.70
▼
C$6.20

Volume: 16,094 shs
Average Volume: 35,451 shs
Market Capitalization: C$400.31 million

P/E Ratio: 2.08
Dividend Yield: 1.28%
Price Target: C$5.50

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

Get Calfrac Well Services alerts:

Calfrac Well Services MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 17.8% Upside
C$5.50 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.13 out of 5 stars

2.0

Analyst's Opinion

Consensus Rating
Calfrac Well Services has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Calfrac Well Services has only been the subject of 4 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CFW.

1.7

Dividend Strength

Dividend Yield
Calfrac Well Services pays a meaningful dividend of 2.27%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Calfrac Well Services does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Calfrac Well Services is 2.68%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CFW.

0.9

News and Social Media Coverage

News Sentiment
Calfrac Well Services has a news sentiment score of -0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Calfrac Well Services this week, compared to 0 articles on an average week.
MarketBeat Follows
Only 2 people have added Calfrac Well Services to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Calfrac Well Services insiders have not sold or bought any company stock.
Percentage Held by Insiders
46.88% of the stock of Calfrac Well Services is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 20.53% of the stock of Calfrac Well Services is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Calfrac Well Services is 2.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.80.
Price to Earnings Ratio vs. Sector
The P/E ratio of Calfrac Well Services is 2.08, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 97.07.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Calfrac Well Services, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Calfrac Well Services has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Calfrac Well Services Stock (TSE:CFW)

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.

CFW Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CFW Stock News Headlines

April 11, 2024 | americanbankingnews.com

Equities Analysts Set Expectations for Calfrac Well Services Ltd.'s Q3 2024 Earnings (TSE:CFW)

April 5, 2024 | finance.yahoo.com

Here's Why Calfrac Well Services (TSE:CFW) Has Caught The Eye Of Investors

April 18, 2024 | Darwin (Ad)

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April 4, 2024 | theglobeandmail.com

Calfrac Well Servs: Top 10 Undervalued Energy Sector Stocks on TSX (CFW)

March 16, 2024 | finance.yahoo.com

Calfrac Well Services Ltd. (TSE:CFW) Analysts Just Trimmed Their Revenue Forecasts By 18%

March 14, 2024 | finanznachrichten.de

Calfrac Well Services Ltd.: Calfrac Reports Best Ever Annual Net Income and Full-Year Adjusted EBITDA of $325 Million

March 13, 2024 | markets.businessinsider.com

Here's what to expect from Calfrac Well Services's earnings

March 4, 2024 | finance.yahoo.com

Calfrac Well Services (TSE:CFW) Knows How To Allocate Capital Effectively

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February 19, 2024 | finance.yahoo.com

Calfrac Well Services Ltd. (CFW.TO)

December 18, 2023 | finance.yahoo.com

Canadian Investment Regulatory Organization Trading Halt - CFW.WT

November 14, 2023 | morningstar.com

Calfrac Well Services Ltd CFW

November 11, 2023 | markets.businessinsider.com

Calfrac Well Services (CFW) Receives a Hold from RBC Capital

November 8, 2023 | finance.yahoo.com

Calfrac Reports Third-Quarter Adjusted EBITDA of $91.3 Million and Free Cash Flow of $48.1 Million

November 7, 2023 | finance.yahoo.com

Calfrac Well Services Ltd.'s (TSE:CFW) top owners are individual investors with 35% stake, while 35% is held by private companies

October 20, 2023 | theglobeandmail.com

Closing Bell: Calfrac Well Services Ltd WT flat on Thursday (CFW-WT)

October 3, 2023 | theglobeandmail.com

Closing Bell: Calfrac Well Services Ltd WT flat on Friday (CFW-WT)

September 29, 2023 | finanznachrichten.de

Calfrac Well Services Ltd.: Calfrac Announces Extension and Amendment of Credit Facilities

August 21, 2023 | finance.yahoo.com

An Intrinsic Calculation For Calfrac Well Services Ltd. (TSE:CFW) Suggests It's 41% Undervalued

July 14, 2023 | finance.yahoo.com

Investors Holding Back On Calfrac Well Services Ltd. (TSE:CFW)

June 2, 2023 | theglobeandmail.com

Closing Bell: Calfrac Well Services Ltd WT flat on Wednesday (CFW-WT)

May 30, 2023 | theglobeandmail.com

Closing Bell: Calfrac Well Services Ltd WT flat on Monday (CFW-WT)

May 30, 2023 | theglobeandmail.com

Closing Bell: Calfrac Well Services Ltd WT up on Monday (CFW-WT)

May 26, 2023 | theglobeandmail.com

Closing Bell: Calfrac Well Services Ltd WT down on Thursday (CFW-WT)

May 22, 2023 | theglobeandmail.com

Closing Bell: Calfrac Well Services Ltd down on Friday (CFW)

May 13, 2023 | theglobeandmail.com

Closing Bell: Calfrac Well Services Ltd WT down on Friday (CFW-WT)

May 12, 2023 | markets.businessinsider.com

Calfrac Well Services (CFW) Gets a Hold Rating from RBC Capital

See More Headlines

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Company Calendar

Last Earnings: 3/14/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/07/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Energy
Industry: Oil & Gas Equipment & Services
Sub-Industry: N/A
Current Symbol: TSE:CFW
CUSIP: N/A
CIK: N/A
Web: www.calfrac.com
Phone: +1-403-2666000
Fax: N/A
Employees: 2,400
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$5.50
High Stock Price Target: C$6.00
Low Stock Price Target: C$5.00
Potential Upside/Downside: +17.8%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$2.24
Trailing P/E Ratio: 2.08
Forward P/E Ratio: 7.53
P/E Growth: -0.3
Net Income: C$197.57 million
Net Margins: 10.23%
Pretax Margin: N/A
Return on Equity: 38.03%
Return on Assets: 12.22%

Debt

Debt-to-Equity Ratio: 44.68
Current Ratio: 2.20
Quick Ratio: 1.33

Sales & Book Value

Annual Sales: C$1.86 billion
Price / Sales: 0.22
Cash Flow: C$0.19 per share
Price / Cash Flow: 24.57
Book Value: C$7.18 per share
Price / Book: 0.65

Miscellaneous

Outstanding Shares: 85,720,000
Free Float: N/A
Market Cap: C$400.31 million
Optionable: Not Optionable
Beta: 1.82

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Key Executives

Mr. Ronald P. Mathison B.Com. (Age 67)
B.Comm (Hon), C.F.A., CPA, CA, CBV, Co-Founder & Chairman
Comp: $61.05k
Mr. Patrick G. Powell (Age 67)
CEO & Director
Comp: $1.41M
Mr. Douglas Robert Ramsay (Age 68)
Co-Founder & Independent Vice Chairman
Comp: $131k
Mr. Michael D. Olinek
Chief Financial Officer
Mr. Mark Douglas Rosen
President of United States Operations
Mr. James Michael Brown
Vice President of Technical Services
Jeffrey Irwin Ellis
General Counsel & Corporate Secretary
Brent W. Merchant
Vice President of Sales & Marketing
Jon Koop
Vice President of Human Resources
Mr. Gordon Troy Milgate
President of Canadian Operations

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

CFW Stock Analysis - Frequently Asked Questions

Should I buy or sell Calfrac Well Services stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Calfrac Well Services in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CFW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CFW, but not buy additional shares or sell existing shares.
View CFW analyst ratings or view top-rated stocks.
What is Calfrac Well Services' stock price target for 2024?: 4 equities research analysts have issued 1-year target prices for Calfrac Well Services' stock. Their CFW share price targets range from C$5.00 to C$6.00. On average, they expect the company's share price to reach C$5.50 in the next twelve months. This suggests a possible upside of 17.8% from the stock's current price.
View analysts price targets for CFW or view top-rated stocks among Wall Street analysts.
How have CFW shares performed in 2024?: Calfrac Well Services' stock was trading at C$4.47 at the beginning of 2024. Since then, CFW shares have increased by 4.5% and is now trading at C$4.67.
View the best growth stocks for 2024 here.
When is Calfrac Well Services' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our CFW earnings forecast.

How were Calfrac Well Services' earnings last quarter?: Calfrac Well Services Ltd. (TSE:CFW) posted its quarterly earnings results on Thursday, March, 14th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.23 by $0.08. The firm had revenue of $421.40 million for the quarter, compared to the consensus estimate of $402.50 million. Calfrac Well Services had a trailing twelve-month return on equity of 38.03% and a net margin of 10.23%.
Is Calfrac Well Services a good dividend stock?: Calfrac Well Services (TSE:CFW) pays an annual dividend of C$0.06 per share and currently has a dividend yield of 2.27%. The dividend payout ratio is 2.68%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CFW.
What other stocks do shareholders of Calfrac Well Services own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Calfrac Well Services investors own include Xtrackers California Municipal Bond ETF (CA), Trican Well Service (TCW), Athabasca Oil (ATH), BlackRock (BLK), Endologix (ELGX), Precision Drilling (PD), Chipotle Mexican Grill (CMG), NIC (EGOV), Aegean Marine Petroleum Network (ANW) and Gran Tierra Energy (GTE).
How do I buy shares of Calfrac Well Services?: Shares of CFW stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:CFW) was last updated on 4/18/2024 by MarketBeat.com Staff

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Calfrac Well Services (CFW) Stock Price, News & Analysis

Calfrac Well Services MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Calfrac Well Services Stock (TSE:CFW)

CFW Stock Price History

CFW Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

CFW Stock Analysis - Frequently Asked Questions

Overall MarketRank^™