NYSE:PDS - Precision Drilling Stock Price, Forecast & News

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

Precision Drilling Corp (NYSE:PDS) released its earnings results on Thursday, October, 24th. The oil and gas company reported ($0.01) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.04) by $0.03. The oil and gas company earned $284.47 million during the quarter, compared to analysts' expectations of $288.55 million. The company's revenue was down 1.8% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.10) earnings per share. View Precision Drilling's Earnings History.

Precision Drilling is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Precision Drilling.

13 analysts have issued 1-year target prices for Precision Drilling's shares. Their forecasts range from $1.30 to $3.00. On average, they expect Precision Drilling's share price to reach $2.07 in the next year. This suggests a possible upside of 49.8% from the stock's current price. View Analyst Price Targets for Precision Drilling.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Precision Drilling in the last year. There are currently 4 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Precision Drilling.

Press coverage about PDS stock has trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm 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 five, with scores nearest to five being the most favorable. Precision Drilling earned a daily sentiment score of -5.0 on InfoTrie's scale. They also assigned media coverage about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Precision Drilling.

Precision Drilling saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 6,000,000 shares, an increase of 10.9% from the January 15th total of 5,410,000 shares. Based on an average daily trading volume, of 836,500 shares, the days-to-cover ratio is currently 7.2 days. Currently, 2.1% of the company's stock are short sold. View Precision Drilling's Current Options Chain.

Based on aggregate information from My MarketBeat watchlists, some companies that other Precision Drilling investors own include Precision Drilling (PD), Reata Pharmaceuticals (RETA), Endologix (ELGX), Approach Resources (AREX), Chipotle Mexican Grill (CMG), American Airlines Group (AAL), Hudson Technologies (HDSN), Apache (APA), Primo Water (PRMW) and UMB Financial (UMBF).

Precision Drilling's stock is owned by a number of of retail and institutional investors. Top institutional investors include FIL Ltd (4.95%), Letko Brosseau & Associates Inc. (4.52%), Bank of Montreal Can (1.23%), Fiera Capital Corp (0.68%), Goldman Sachs Group Inc. (0.68%) and Connor Clark & Lunn Investment Management Ltd. (0.64%).

PDS stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, FIL Ltd, Fiera Capital Corp, Letko Brosseau & Associates Inc., Marshall Wace LLP, Schroder Investment Management Group, Goldman Sachs Group Inc. and Franklin Resources Inc..

PDS stock was acquired by a variety of institutional investors in the last quarter, including Fort Washington Investment Advisors Inc. OH, Acadian Asset Management LLC, Bank of Montreal Can, Renaissance Technologies LLC, TD Asset Management Inc., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Marshall Wace North America L.P. and Connor Clark & Lunn Investment Management Ltd..

Shares of PDS 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 PDS stock can currently be purchased for approximately $1.38.