Royal Bank Of Canada Forecasts Strong Price Appreciation for Pason Systems (TSE:PSI) Stock

Posted by on Aug 12th, 2026

Pason Systems (TSE:PSI – Get Free Report) had its target price upped by stock analysts at Royal Bank Of Canada from C$16.00 to C$17.00 in a note issued to investors on Wednesday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 16.60% from the company’s current price.

Other analysts have also issued reports about the company. TD reduced their target price on Pason Systems from C$18.00 to C$15.00 and set a “hold” rating on the stock in a report on Monday, July 13th. TD Securities raised Pason Systems from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$15.83.

Read Our Latest Report on PSI

Pason Systems Price Performance

Shares of PSI stock traded up C$1.79 during trading on Wednesday, hitting C$14.58. The company had a trading volume of 310,403 shares, compared to its average volume of 242,024. The firm has a market capitalization of C$1.13 billion, a P/E ratio of 24.30, a price-to-earnings-growth ratio of 10.78 and a beta of 0.43. Pason Systems has a one year low of C$11.09 and a one year high of C$15.47. The company has a debt-to-equity ratio of 5.79, a quick ratio of 3.54 and a current ratio of 2.11. The stock’s 50-day moving average price is C$12.88 and its 200 day moving average price is C$13.10.

Pason Systems (TSE:PSI – Get Free Report) last posted its quarterly earnings data on Tuesday, August 11th. The company reported C$0.18 EPS for the quarter. The firm had revenue of C$100.78 million for the quarter. Pason Systems had a return on equity of 9.49% and a net margin of 11.31%. Equities analysts expect that Pason Systems will post 1.229765 EPS for the current fiscal year.

Insider Activity

In other Pason Systems news, insider Ryan Van Beurden sold 15,000 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of C$14.49, for a total value of C$217,350.00. Following the sale, the insider owned 11,000 shares of the company’s stock, valued at approximately C$159,390. This trade represents a 57.69% decrease in their position. Also, insider Kevin Boston sold 2,000 shares of the business’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of C$14.74, for a total value of C$29,480.00. Following the transaction, the insider directly owned 7,300 shares of the company’s stock, valued at C$107,602. This trade represents a 21.51% decrease in their position. Insiders have sold 44,210 shares of company stock valued at $640,831 in the last three months. Company insiders own 0.13% of the company’s stock.

About Pason Systems

(Get Free Report)

Pason Systems Inc is an oilfield specialist with fully integrated drilling data solutions. A host of products allow customers to collect, manage, report, and analyze drilling data for performance optimization and cost control. The electronic drilling recorder is the company’s primary product, and provides a complete system of drilling data acquisition, data networking, drilling management tools, and reports at both the wellsite and customer office. Other product offerings include wellbore detection solutions, wellsite communications and bandwidth, wellbore gas analyzers, and software for data management.

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