NYSE:PACDPacific Drilling Stock Price, Forecast & News

Pacific Drilling's stock was trading at $0.7088 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PACD stock has decreased by 30.3% and is now trading at $0.4940. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pacific Drilling in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Pacific Drilling.

Pacific Drilling is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020. View our earnings forecast for Pacific Drilling.

Pacific Drilling SA (NYSE:PACD) announced its quarterly earnings data on Thursday, May, 7th. The company reported ($0.81) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.85) by $0.04. The business had revenue of $89.43 million for the quarter. Pacific Drilling had a negative net margin of 210.60% and a negative return on equity of 25.68%. View Pacific Drilling's earnings history.

3 analysts have issued 1-year target prices for Pacific Drilling's shares. Their forecasts range from $5.00 to $5.00. On average, they expect Pacific Drilling's stock price to reach $5.00 in the next twelve months. This suggests a possible upside of 912.1% from the stock's current price. View analysts' price targets for Pacific Drilling.

Media coverage about PACD stock has been trending negative recently, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Pacific Drilling earned a coverage optimism score of -2.2 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the immediate future. View the latest news about Pacific Drilling.

Pacific Drilling saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 2,750,000 shares, a decline of 30.2% from the May 31st total of 3,940,000 shares. Based on an average daily trading volume, of 4,320,000 shares, the days-to-cover ratio is presently 0.6 days. Approximately 4.2% of the company's shares are sold short. View Pacific Drilling's Current Options Chain.

Some companies that are related to Pacific Drilling include Valaris (VAL), Noble (NE), Western Energy Services (WEEEF), Independence Contract Drilling (ICD), Seadrill Partners (SDLP), InPlay Oil (IPOOF), Petroteq Energy (PQEFF), Infinity Energy Resources (IFNY), Pioneer Energy Services (PESXQ), Pacific Drilling (PACDQ), Sauer Energy (SENY) and Vantage Drilling (VTGDF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Pacific Drilling investors own include Ring Energy (REI), Ring Energy (REI), AIM ImmunoTech (AIM), Amplify Energy (AMPY), Amplify Energy (AMPY), Actinium Pharmaceuticals (ATNM), Carnival (CCL), Goodrich Petroleum (GDP), Goodrich Petroleum (GDP) and Gold Standard Ventures (GSV).

Pacific Drilling trades on the New York Stock Exchange (NYSE) under the ticker symbol "PACD."

Shares of PACD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PACD stock can currently be purchased for approximately $0.49.

Pacific Drilling has a market capitalization of $37.05 million and generates $229.78 million in revenue each year. Pacific Drilling employs 722 workers across the globe.

The official website for Pacific Drilling is www.pacificdrilling.com.

Pacific Drilling's mailing address is 8-10 AVENUE DE LA GARE, Luxembourg N4, L-1610. The company can be reached via phone at 352-2785-8135 or via email at [email protected]