Precision Drilling (NYSE:PDS - Get Free Report) TSE: PD will likely be releasing its Q2 2025 earnings data after the market closes on Tuesday, July 29th. Analysts expect Precision Drilling to post earnings of $0.06 per share and revenue of $435.47 million for the quarter.
Precision Drilling (NYSE:PDS - Get Free Report) TSE: PD last released its earnings results on Wednesday, April 23rd. The oil and gas company reported $1.53 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.57 by ($0.04). Precision Drilling had a net margin of 5.84% and a return on equity of 6.51%. The business had revenue of $345.41 million for the quarter, compared to analyst estimates of $508.06 million. On average, analysts expect Precision Drilling to post $7 EPS for the current fiscal year and $10 EPS for the next fiscal year.
Precision Drilling Trading Up 3.1%
Precision Drilling stock traded up $1.52 during trading hours on Tuesday, reaching $51.01. 81,553 shares of the company's stock traded hands, compared to its average volume of 95,670. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.82 and a current ratio of 0.91. Precision Drilling has a fifty-two week low of $36.20 and a fifty-two week high of $79.07. The firm has a market capitalization of $681.00 million, a price-to-earnings ratio of 9.84 and a beta of 1.06. The firm's 50 day moving average is $47.41 and its 200-day moving average is $49.43.
Analyst Ratings Changes
PDS has been the topic of a number of analyst reports. Raymond James Financial downgraded shares of Precision Drilling from a "strong-buy" rating to an "outperform" rating in a research report on Wednesday, April 9th. Piper Sandler initiated coverage on shares of Precision Drilling in a research report on Tuesday, July 15th. They issued an "overweight" rating and a $72.00 price target on the stock. Finally, Wall Street Zen downgraded shares of Precision Drilling from a "buy" rating to a "hold" rating in a research report on Monday, March 24th.
Read Our Latest Stock Analysis on PDS
Institutional Trading of Precision Drilling
A hedge fund recently bought a new stake in Precision Drilling stock. Cubist Systematic Strategies LLC bought a new position in shares of Precision Drilling Corporation (NYSE:PDS - Free Report) TSE: PD during the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 965 shares of the oil and gas company's stock, valued at approximately $45,000. 48.86% of the stock is currently owned by hedge funds and other institutional investors.
About Precision Drilling
(
Get Free Report)
Precision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in North America and the Middle East. The company operates through Contract Drilling Services and Completion and Production Services segments.
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