Positive News SentimentPositive NewsNYSE:PDS Precision Drilling (PDS) Stock Price, News & Analysis → Protect Your Bank Account Before It’s Too Late (From Weiss Ratings) (Ad) Free PDS Stock Alerts $68.31 -0.93 (-1.34%) (As of 06/11/2024 ET) Add Compare Share Share Today's Range$67.80▼$69.0650-Day Range$65.81▼$76.5852-Week Range$44.68▼$77.21Volume30,793 shsAverage Volume78,458 shsMarket Capitalization$988.45 millionP/E Ratio6.00Dividend YieldN/APrice Target$48.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Precision Drilling alerts: Email Address Precision Drilling MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside29.7% Downside$48.00 Price TargetShort InterestHealthy3.35% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth40.90%From $6.21 to $8.75 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.54 out of 5 starsOils/Energy Sector167th out of 226 stocksDrilling Oil & Gas Wells Industry10th out of 13 stocks 1.5 Analyst's Opinion Consensus RatingPrecision Drilling has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoveragePrecision Drilling has only been the subject of 1 research reports in the past 90 days.Read more about Precision Drilling's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.35% of the float of Precision Drilling has been sold short.Short Interest Ratio / Days to CoverPrecision Drilling has a short interest ratio ("days to cover") of 6.8.Change versus previous monthShort interest in Precision Drilling has recently decreased by 9.48%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldPrecision Drilling does not currently pay a dividend.Dividend GrowthPrecision Drilling does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PDS. Previous Next 3.2 News and Social Media Coverage News SentimentPrecision Drilling has a news sentiment score of 1.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.94 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for Precision Drilling this week, compared to 1 article on an average week.Search Interest3 people have searched for PDS on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Precision Drilling insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.95% of the stock of Precision Drilling is held by insiders.Percentage Held by Institutions48.86% of the stock of Precision Drilling is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Precision Drilling's insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Precision Drilling are expected to grow by 40.90% in the coming year, from $6.21 to $8.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Precision Drilling is 6.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.55.Price to Earnings Ratio vs. SectorThe P/E ratio of Precision Drilling is 6.00, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 11.36.Price to Book Value per Share RatioPrecision Drilling has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Precision Drilling's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Daily Market AlertsTop 5 Tech Stocks to Buy for 2024The next evolution of technology is already upending industries worth $7 Trillion… It's already got the world's most powerful tech companies (including Microsoft, Intel, and Google) investing billions. And one tiny company will be the driving force behind this new tech revolution…Click below for your free report "Top 5 Tech Stocks to Buy in 2024", About Precision Drilling Stock (NYSE:PDS)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. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the geothermal, oil and natural gas industry. This segment offers services include land and turnkey drilling; and procurement and distribution of oilfield supplies, as well as manufacture and repair of drilling and service rig equipment. In addition, it operates land drilling rigs in Canada, the United States, and the Middle East, as well as operates AlphaAutomation, AlphaApps, and AlphaAnalytics data services. The company offers EverGreen suite of environmental solutions comprising EverGreenMonitoring, EverGreenEnergy, and EverGreen Fuel Cell. The Completion and Production Services segment provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; equipment rentals; and camp and catering services to oil and natural gas exploration and production companies. This segment operates well completion and workover service rigs in Canada and the United States. Precision Drilling Corporation was founded in 1951 and is headquartered in Calgary, Canada.Read More PDS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PDS Stock News HeadlinesJune 1, 2024 | americanbankingnews.comPrecision Drilling Co. (NYSE:PDS) Receives $48.00 Average PT from AnalystsMay 16, 2024 | globenewswire.comPrecision Drilling Corporation Announces Voting Results from the 2024 Annual and Special Meeting of ShareholdersMay 6, 2024 | markets.businessinsider.comAnalysts Offer Insights on Energy Companies: Precision Drilling (PDS) and Exxon Mobil (XOM)May 6, 2024 | msn.comPrecision Drilling (NYSE:PDS): A Long-term GARP Play in Oil & GasApril 27, 2024 | seekingalpha.comPrecision Drilling Corporation (PDS) Q1 2024 Earnings Call TranscriptApril 26, 2024 | finance.yahoo.comPrecision Drilling First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsApril 25, 2024 | msn.comPrecision Drilling seeing boost in demand as Trans Mountain start nearsApril 25, 2024 | msn.comPDS Stock Earnings: Precision Drilling Misses EPS, Beats Revenue for Q1 2024April 25, 2024 | globenewswire.comPrecision Drilling Announces 2024 First Quarter Unaudited Financial ResultsApril 24, 2024 | finance.yahoo.comPrecision Drilling's (TSE:PD) investors will be pleased with their impressive 187% return over the last three yearsApril 24, 2024 | investorplace.comCash Flow Kings: 3 Stocks Sitting on Mountains of MoneyApril 14, 2024 | markets.businessinsider.comPrecision Drilling (PDS) Receives a Rating Update from a Top AnalystApril 3, 2024 | globenewswire.comPrecision Drilling Corporation Announces Filing of Management Information Circular, Virtual-Only Annual and Special Meeting of Shareholders, and 2023 ESG Performance DataApril 2, 2024 | globenewswire.comPrecision Drilling Corporation 2024 First Quarter Results Conference Call and WebcastMarch 14, 2024 | seekingalpha.comPrecision Drilling: The Seagulls Are Missing A BetMarch 13, 2024 | investorplace.comThe 3 Most Undervalued Small-Cap Stocks to Buy in March 2024March 12, 2024 | bizjournals.comWhy you're seeing an expanded manufacturing firms listMarch 4, 2024 | globenewswire.comPrecision Drilling Corporation Announces Filing of Annual Disclosure DocumentsFebruary 21, 2024 | finance.yahoo.comWith 56% institutional ownership, Precision Drilling Corporation (TSE:PD) is a favorite amongst the big gunsFebruary 17, 2024 | ca.finance.yahoo.comPDS Jun 2024 90.000 callFebruary 17, 2024 | finance.yahoo.comPDS Mar 2024 55.000 callFebruary 14, 2024 | money.usnews.comPrecision Drilling CorpFebruary 8, 2024 | markets.businessinsider.comBuy Rating Affirmed for Precision Drilling on Strong Financial Performance and Shareholder Value StrategyFebruary 6, 2024 | msn.comPrecision Drilling's North American activity slows on weak natural gas pricesFebruary 6, 2024 | finance.yahoo.comBooz Allen Hamilton and Precision Drilling have been highlighted as Zacks Bull and Bear of the DaySee More Headlines Receive PDS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Precision Drilling and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/25/2024Today6/11/2024Next Earnings (Estimated)7/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Drilling oil & gas wells Sub-IndustryN/A Current SymbolNYSE:PDS CUSIPN/A CIK1013605 Webwww.precisiondrilling.com Phone(403) 716-4500Fax403-264-0251Employees5,560Year Founded1951Price Target and Rating Average Stock Price Target$48.00 High Stock Price Target$101.00 Low Stock Price Target$20.00 Potential Upside/Downside-29.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$11.38 Trailing P/E Ratio6.00 Forward P/E Ratio11.00 P/E GrowthN/ANet Income$214.27 million Net Margins12.00% Pretax Margin10.55% Return on Equity10.10% Return on Assets5.19% Debt Debt-to-Equity Ratio0.57 Current Ratio1.71 Quick Ratio1.59 Sales & Book Value Annual Sales$1.44 billion Price / Sales0.69 Cash Flow$26.89 per share Price / Cash Flow2.54 Book Value$81.42 per share Price / Book0.84Miscellaneous Outstanding Shares14,470,000Free Float14,332,000Market Cap$988.45 million OptionableOptionable Beta2.01 Social Links 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Kevin A. Neveu B.Sc. (Age 63)P.Eng, President, CEO & Director Comp: $1.99MMr. Carey Thomas Ford C.F.A.Chief Financial OfficerMr. Shuja U. GorayaChief Technology OfficerMs. Veronica H. FoleyChief Legal & Compliance OfficerMr. Gene C. Stahl (Age 50)President of North American Drilling Comp: $894.01kMr. Darren J. RuhrChief Administrative OfficerMs. Lavonne ZdunichDirector of Investor RelationsDustin HoningManager of Investor Relations & Corporate DevelopmentMr. Grant HunterSenior Vice President of North American Drilling OperationMr. Ross Steven Pickering (Age 78)Senior Vice President of Global Operations Excellence More ExecutivesKey CompetitorsHelmerich & PayneNYSE:HPHighPeak EnergyNASDAQ:HPKBorr DrillingNYSE:BORRNabors IndustriesNYSE:NBRIndependence Contract DrillingNYSE:ICDView All CompetitorsInstitutional OwnershipMountain Lake Investment Management LLCSold 36,450 shares on 5/15/2024Ownership: 0.511%Quadrature Capital LtdSold 13,100 shares on 5/15/2024Ownership: 0.092%Guardian Capital Advisors LPSold 1,568 shares on 5/15/2024Ownership: 0.042%PEAK6 Investments LLCBought 300 shares on 5/15/2024Ownership: 0.000%Toronto Dominion BankSold 6,511 shares on 5/14/2024Ownership: 0.107%View All Institutional Transactions PDS Stock Analysis - Frequently Asked Questions Should I buy or sell Precision Drilling stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Precision Drilling in the last year. There are currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PDS shares. View PDS analyst ratings or view top-rated stocks. What is Precision Drilling's stock price target for 2024? 5 brokers have issued 1 year target prices for Precision Drilling's shares. Their PDS share price targets range from $20.00 to $101.00. On average, they anticipate the company's stock price to reach $48.00 in the next twelve months. This suggests that the stock has a possible downside of 29.7%. View analysts price targets for PDS or view top-rated stocks among Wall Street analysts. How have PDS shares performed in 2024? Precision Drilling's stock was trading at $54.29 on January 1st, 2024. Since then, PDS shares have increased by 25.8% and is now trading at $68.31. View the best growth stocks for 2024 here. Are investors shorting Precision Drilling? Precision Drilling saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 515,700 shares, an increase of 30.5% from the April 15th total of 395,200 shares. Based on an average daily volume of 82,300 shares, the short-interest ratio is currently 6.3 days. Approximately 3.7% of the company's stock are sold short. View Precision Drilling's Short Interest. When is Precision Drilling's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024. View our PDS earnings forecast. How were Precision Drilling's earnings last quarter? Precision Drilling Co. (NYSE:PDS) announced its quarterly earnings data on Thursday, April, 25th. The oil and gas company reported $1.88 earnings per share for the quarter, missing analysts' consensus estimates of $2.00 by $0.12. The oil and gas company earned $391.51 million during the quarter, compared to analysts' expectations of $399.44 million. Precision Drilling had a trailing twelve-month return on equity of 10.10% and a net margin of 12.00%. When did Precision Drilling's stock split? Precision Drilling shares reverse split on Thursday, November 12th 2020. The 1-20 reverse split was announced on Thursday, October 29th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, November 11th 2020. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split. What is Kevin A. Neveu's approval rating as Precision Drilling's CEO? 65 employees have rated Precision Drilling Chief Executive Officer Kevin A. Neveu on Glassdoor.com. Kevin A. Neveu has an approval rating of 52% among the company's employees. This puts Kevin A. Neveu in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Precision Drilling own? 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), Chipotle Mexican Grill (CMG), Approach Resources (AREX), American Airlines Group (AAL), Hudson Technologies (HDSN) and UMB Financial (UMBF). Who are Precision Drilling's major shareholders? Precision Drilling's stock is owned by a variety of retail and institutional investors. Top institutional investors include National Bank of Canada FI (4.91%), Aegis Financial Corp (0.63%), Hartree Partners LP (0.55%), Mountain Lake Investment Management LLC (0.51%), SIG North Trading ULC (0.00%) and O Shaughnessy Asset Management LLC (0.20%). How do I buy shares of Precision Drilling? Shares of PDS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Precision Drilling have any subsidiaries? The following companies are subsidiares of Precision Drilling: Grey Wolf Drilling (Barbados) Ltd., Grey Wolf Drilling Limited, Precision Completion & Production Services Ltd., Precision Directional Services, Precision Directional Services Ltd., Precision Diversified Oilfield Services Corp, Precision Diversified Oilfield Services Corp, Precision Drilling (US) Corporation, Precision Drilling Canada Limited Partnership, Precision Drilling Company LP, Precision Drilling Holdings Company, and Precision Limited Partnership.Read More This page (NYSE:PDS) was last updated on 6/11/2024 by MarketBeat.com Staff From Our PartnersAI's Next Magnificent SevenThe Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years.The Oxford Club | SponsoredGold Set to EXPLODE!The perfect storm is brewing to drive gold's price through the roof! And our weakening dollars are causing ...Gold Safe Exchange | SponsoredTop 5 Tech Stocks to Buy for 2024The next evolution of technology is already upending industries worth $7 Trillion… It's already got the world'...Daily Market Alerts | SponsoredTop 5 AI Stocks to Buy for 2024The electric vehicle boom is accelerating – and fast.Market Moving Trends | SponsoredNo Strings Attached: Get 30 Days of Hedgeye’s Top Stock Picks for FreeOptimize your stock investing strategy with Hedgeye's Investing Ideas, where rigorous fundamental stock analys...Hedgeye | SponsoredThe Only Energy Play You Should Be Looking AtOpen AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has alr...Wealthpin Pro | SponsoredBill Clinton Backing Biden Replacement???Bill Clinton is back. And he just met in Mexico with the one person I believe could REPLACE Joe Biden by Au...The Freeport Society | SponsoredMan who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… ...Paradigm Press | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Precision Drilling Co. Please log in to your account or sign up in order to add this asset to your watchlist. Share Precision Drilling With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.