Precision Drilling Corp's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 46/101 in the Oil & Gas Related Equipment and Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 108.42.In the medium term, the stock price is expected to trend up.Despite strong stock market performance and technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Precision Drilling Corp's Score
Industry at a Glance
Industry Ranking
46 / 101
Overall Ranking
170 / 4562
Industry
Oil & Gas Related Equipment and Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
6
analysts
Buy
Current Rating
108.420
Target Price
+59.35%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Precision Drilling Corp Highlights
StrengthsRisks
Precision Drilling Corporation is a Canada-based provider of contract drilling and completion and production services primarily to oil and natural gas and geothermal exploration and production companies in Canada, the United States and certain international locations. The Company operates through two segments: Contract Drilling Services and Completion and Production Services. The Contract Drilling Services segment includes drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale and repair of drilling equipment. The Completion and Production Services segment includes service rigs, oilfield equipment rental and camp and catering services. Its technologies include AlphaAutomation, AlphaApps, AlphaAnalytics and EverGreen. The Company provides services primarily in Canada, the United States and certain international locations.
Fairly Valued
The company’s latest PB is 0.77, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 6.25M shares, decreasing 28.40% quarter-over-quarter.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.17.
Precision Drilling Corporation is a Canada-based provider of contract drilling and completion and production services primarily to oil and natural gas and geothermal exploration and production companies in Canada, the United States and certain international locations. The Company operates through two segments: Contract Drilling Services and Completion and Production Services. The Contract Drilling Services segment includes drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale and repair of drilling equipment. The Completion and Production Services segment includes service rigs, oilfield equipment rental and camp and catering services. Its technologies include AlphaAutomation, AlphaApps, AlphaAnalytics and EverGreen. The Company provides services primarily in Canada, the United States and certain international locations.
Ticker SymbolPDS
CompanyPrecision Drilling Corp
CEOFord (Carey T)
Websitehttps://www.precisiondrilling.com/
FAQs
What is the current price of Precision Drilling Corp (PDS)?
The current price of Precision Drilling Corp (PDS) is 69.870.
What is the symbol of Precision Drilling Corp?
The ticker symbol of Precision Drilling Corp is PDS.
What is the 52-week high of Precision Drilling Corp?
The 52-week high of Precision Drilling Corp is 98.780.
What is the 52-week low of Precision Drilling Corp?
The 52-week low of Precision Drilling Corp is 51.380.
What is the market capitalization of Precision Drilling Corp?
The market capitalization of Precision Drilling Corp is 920.43M.
What is the net income of Precision Drilling Corp?
The net income of Precision Drilling Corp is 111.19M.
Is Precision Drilling Corp (PDS) currently rated as Buy, Hold, or Sell?
According to analysts, Precision Drilling Corp (PDS) has an overall rating of Buy, with a price target of 108.420.
What is the Earnings Per Share (EPS TTM) of Precision Drilling Corp (PDS)?
The Earnings Per Share (EPS TTM) of Precision Drilling Corp (PDS) is 3.130.