NYSE:PACDPacific Drilling Stock Price, Forecast & News

Pacific Drilling's stock was trading at $0.7088 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PACD stock has decreased by 37.9% and is now trading at $0.4399. 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) released its earnings results on Thursday, May, 7th. The company reported ($0.81) earnings per share for the quarter, topping the consensus estimate of ($0.85) by $0.04. The company had revenue of $89.43 million for the quarter. Pacific Drilling had a negative return on equity of 25.68% and a negative net margin of 210.60%. View Pacific Drilling's earnings history.

3 equities research analysts have issued 1-year price objectives for Pacific Drilling's shares. Their forecasts range from $5.00 to $5.00. On average, they expect Pacific Drilling's share price to reach $5.00 in the next twelve months. This suggests a possible upside of 1,036.6% from the stock's current price. View analysts' price targets for Pacific Drilling.

News headlines about PACD stock have trended negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pacific Drilling earned a media sentiment score of -2.6 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View the latest news aboutPacific Drilling.

Pacific Drilling saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,680,000 shares, an increase of 29.6% from the April 30th total of 2,840,000 shares. Based on an average daily volume of 1,730,000 shares, the short-interest ratio is currently 2.1 days. Approximately 5.6% of the shares of the stock are sold short. View Pacific Drilling's Current Options Chain.

Some companies that are related to Pacific Drilling include Diamond Offshore Drilling (DO), Noble (NE), Independence Contract Drilling (ICD), Western Energy Services (WEEEF), Seadrill Partners (SDLP), InPlay Oil (IPOOF), Petroteq Energy (PQEFF), Pioneer Energy Services (PESXQ), Pacific Drilling (PACDQ), Sauer Energy (SENY), Infinity Energy Resources (IFNY) 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."

Pacific Drilling's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Whitebox Advisors LLC (2.03%), Thrivent Financial for Lutherans (0.82%) and JPMorgan Chase & Co. (0.42%). View institutional ownership trends for Pacific Drilling.

PACD stock was sold by a variety of institutional investors in the last quarter, including Whitebox Advisors LLC, Thrivent Financial for Lutherans, and JPMorgan Chase & Co.. View insider buying and selling activity for Pacific Drilling.

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 $0.44.

Pacific Drilling has a market capitalization of $32.99 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]