Precision Drilling (PDS) to Release Quarterly Earnings on Wednesday

Precision Drilling (NYSE:PDS - Get Free Report) TSE: PD is expected to issue its quarterly earnings data after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of $1.54 per share and revenue of $508.06 million for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.

Precision Drilling (NYSE:PDS - Get Free Report) TSE: PD last released its quarterly earnings data on Wednesday, February 12th. The oil and gas company reported $0.76 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.40 by ($0.64). Precision Drilling had a net margin of 5.87% and a return on equity of 6.72%. 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 2.9 %

Shares of Precision Drilling stock traded up $1.23 during trading on Friday, reaching $43.38. 123,583 shares of the stock were exchanged, compared to its average volume of 83,315. Precision Drilling has a 1 year low of $36.20 and a 1 year high of $79.07. The firm has a market cap of $579.97 million, a price-to-earnings ratio of 8.06 and a beta of 1.53. The company has a quick ratio of 1.35, a current ratio of 1.48 and a debt-to-equity ratio of 0.48. The stock's fifty day moving average is $46.60 and its 200 day moving average is $56.24.

Analyst Upgrades and Downgrades

PDS has been the topic of several recent analyst reports. Raymond James cut shares of Precision Drilling from a "strong-buy" rating to an "outperform" rating in a report on Wednesday, April 9th. StockNews.com lowered shares of Precision Drilling from a "buy" rating to a "hold" rating in a report on Monday, March 24th. Finally, TD Securities downgraded Precision Drilling from a "strong-buy" rating to a "hold" rating in a report on Monday, February 3rd.

Precision Drilling Company Profile

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.