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 shares have decreased by 42.6% and is now trading at $0.4068. 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) issued its quarterly earnings results on Thursday, May, 7th. The company reported ($0.81) EPS for the quarter, beating analysts' consensus estimates of ($0.85) by $0.04. The firm earned $89.43 million during 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 brokerages have issued 1 year target prices for Pacific Drilling's shares. Their forecasts range from $5.00 to $5.00. On average, they anticipate Pacific Drilling's stock price to reach $5.00 in the next twelve months. This suggests a possible upside of 1,129.1% from the stock's current price. View analysts' price targets for Pacific Drilling.

News stories about PACD stock have trended negative recently, InfoTrie reports. The research firm identifies negative and positive media coverage by monitoring 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 closest to five being the most favorable. Pacific Drilling earned a news impact score of -2.5 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutPacific Drilling.

Pacific Drilling saw a increase in short interest during 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 days-to-cover ratio is currently 2.1 days. Approximately 5.6% of the shares of the stock are short sold. View Pacific Drilling's Current Options Chain.

Some companies that are related to Pacific Drilling include Noble (NE), Independence Contract Drilling (ICD), Seadrill Partners (SDLP), InPlay Oil (IPOOF), Petroteq Energy (PQEFF), Pioneer Energy Services (PESXQ), Pacific Drilling (PACDQ), Sauer Energy (SENY), Infinity Energy Resources (IFNY), Vantage Drilling (VTGDF) and Western Energy Services (WEEEF). 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 institutional and retail 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 $0.41.

Pacific Drilling has a market capitalization of $30.51 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]