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Home โบ Stocks โบ Precision Drilling Corporation (PDS) Stock Forecast & Price Prediction Canada | NYSE | Energy | Oil & Gas Drilling
$42.22
+1.19 (2.90%)10 Quality Stocks Worth Considering Now
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PDS has shown a year-to-date change of -30.9% and a 1-year change of -41.0%, reflecting downward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for PDS. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for PDS.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Jul 15, 2024 | Piper Sandler | Luke Lemoine | Overweight | Maintains | $95.00 |
May 6, 2024 | Piper Sandler | Luke Lemoine | Overweight | Maintains | $101.00 |
Feb 20, 2024 | Piper Sandler | Luke Lemoine | Overweight | Maintains | $81.00 |
Sep 13, 2023 | RBC Capital | Keith Mackey | Outperform | Maintains | $125.00 |
Aug 3, 2023 | Raymond James | Andrew Bradford | Strong Buy | Maintains | $115.00 |
Jul 31, 2023 | Piper Sandler | Luke Lemoine | Overweight | Maintains | $107.00 |
Jul 30, 2023 | RBC Capital | Keith Mackey | Outperform | Maintains | $118.00 |
Jul 9, 2023 | RBC Capital | Keith Mackey | Outperform | Maintains | $100.00 |
May 1, 2023 | Piper Sandler | Luke Lemoine | Overweight | Maintains | $91.00 |
Apr 27, 2023 | RBC Capital | Keith Mackey | Outperform | Maintains | $120.00 |
Feb 17, 2023 | Benchmark | Kurt Hallead | Hold | Initiates | $0.00 |
Jun 1, 2022 | Piper Sandler | Ian Macpherson | Overweight | Maintains | $125.00 |
Apr 13, 2022 | Piper Sandler | Ian Macpherson | Overweight | Maintains | $115.00 |
Aug 24, 2021 | Canaccord Genuity | Anthony Petrucci | Buy | Upgrade | $50.00 |
Mar 25, 2021 | Morgan Stanley | Connor Lynagh | Equal-Weight | Maintains | $35.00 |
Nov 25, 2020 | Raymond James | Outperform | Upgrade | $0.00 | |
Nov 25, 2020 | Deutsche Bank | Hold | Initiates | $0.00 | |
Nov 25, 2020 | Piper Sandler | Neutral | Maintains | $0.00 | |
Nov 25, 2020 | Wolfe Research | Peer Perform | Initiates | $0.00 | |
Nov 25, 2020 | Wells Fargo | Outperform | Upgrade | $0.00 |
The following stocks are similar to Precision Drilling based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Precision Drilling Corporation has a market capitalization of $571.84M with a P/E ratio of 7.8x. The company generates $1.34B in trailing twelve-month revenue with a 5.8% profit margin.
Revenue growth is -6.0% quarter-over-quarter, while maintaining an operating margin of +12.6% and return on equity of +6.6%.
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Provides oilfield services and drilling solutions.
Precision Drilling Corporation generates revenue by offering a range of oilfield services, primarily focused on land drilling, directional drilling, and well servicing. The company caters to energy companies, enhancing their operational efficiency and safety while maximizing asset value through innovative technology and cost-effective solutions.
With a strong presence in Canada, the U.S., and international markets, Precision Drilling is well-positioned to meet the growing demands of the energy sector. The company's commitment to operational excellence and adherence to regulatory standards bolster its reputation as a reliable service provider in the competitive global energy landscape.
Energy
Oil & Gas Drilling
5,504
Mr. Kevin A. Neveu B.Sc., P.Eng
Canada
1996
Precision Drilling Corporation (NYSE:PDS) will hold its Q1 2025 Earnings Conference Call on April 24, 2025, at 1:00 PM ET, featuring key executives and analysts.
The Precision Drilling earnings call provides insights into financial performance and strategic direction, influencing stock valuation and investor sentiment. Key participants include top executives and analysts.
A news release from Calgary highlights forward-looking statements and various financial measures, including Adjusted EBITDA and net capital spending, which lack standardized definitions under IFRS.
The mention of forward-looking information and key financial measures signals potential growth or risk factors, impacting stock valuations and investment decisions.
Precision Drilling (PDS) reported quarterly earnings of $1.53 per share, below the Zacks Consensus Estimate of $1.57, and down from $1.88 per share year-over-year.
Precision Drilling's earnings miss signals potential challenges in profitability, which may impact stock performance and investor sentiment. Year-over-year decline also raises concerns about growth.
Precision Drilling (PDS) is expected to lack the necessary elements for a potential earnings beat in its upcoming report. Investors should prepare for the key expectations.
Precision Drilling may underperform in its upcoming earnings report, signaling potential weakness in its financial health and affecting investor sentiment and stock performance.
Precision Drilling Corporation has filed its Management Information Circular for the 2025 Annual and Special Meeting of Shareholders. The document is available on SEDAR+, EDGAR, and the company's website.
Precision Drilling's filing of the Management Information Circular signals key governance decisions and financial strategies that could affect shareholder value and influence stock performance.
Precision Drilling Corporation will release Q1 2025 results on April 23, 2025, after market close, followed by a conference call on April 24 at 11:00 a.m. MT.
Precision Drilling's upcoming earnings report and conference call may impact stock performance, influencing investor sentiment and expectations regarding the company's financial health.
Analyst forecasts for Precision Drilling Corporation (PDS) are not currently available. The stock is trading at $42.22.
According to current analyst ratings, PDS has 6 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $42.22. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for PDS are not currently available. The stock is trading at $42.22.
Precision Drilling Corporation generates revenue by offering a range of oilfield services, primarily focused on land drilling, directional drilling, and well servicing. The company caters to energy companies, enhancing their operational efficiency and safety while maximizing asset value through innovative technology and cost-effective solutions.
Price targets from Wall Street analysts for PDS are not currently available. The stock is trading at $42.22.
Price targets from Wall Street analysts for PDS are not currently available. The stock is trading at $42.22.
The overall analyst consensus for PDS is bullish. Out of 11 Wall Street analysts, 6 rate it as Buy, 2 as Hold, and 0 as Sell.
Stock price projections, including those for Precision Drilling Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.