NYSE:PDS Precision Drilling (PDS) Stock Price, News & Analysis → 2024 Crypto Secrets (From Darwin) (Ad) Free PDS Stock Alerts $70.79 +1.65 (+2.39%) (As of 05/24/2024 ET) Add Compare Share Share Today's Range$69.87▼$71.2750-Day Range$64.93▼$76.5852-Week Range$41.56▼$77.21Volume29,258 shsAverage Volume68,552 shsMarket Capitalization$1.02 billionP/E Ratio6.22Dividend 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/Downside32.2% Downside$48.00 Price TargetShort InterestBearish3.72% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.63Based on 2 Articles This WeekInsider 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.1.57 out of 5 starsOils/Energy Sector188th out of 244 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 2.0 Short Interest Percentage of Shares Shorted3.72% 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 6.3.Change versus previous monthShort interest in Precision Drilling has recently increased by 30.49%, indicating that investor sentiment is decreasing 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 2.0 News and Social Media Coverage News SentimentPrecision Drilling has a news sentiment score of 0.63. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Precision Drilling this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for PDS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Precision Drilling to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% 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 6.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.61.Price to Earnings Ratio vs. SectorThe P/E ratio of Precision Drilling is 6.22, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 11.87.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 Darwin2024 Crypto SecretsBitcoin has surged past $70,000. Are you prepared for what's next? Our free guide, "Navigating the Future: A Comprehensive Guide to Cryptocurrency Investments in 2024," is essential for staying ahead in the fast-evolving crypto market. It's crafted for both beginners and seasoned investors. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.Click here to download your free report and start leading in the crypto race. 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 HeadlinesMay 25 at 2:24 AM | americanbankingnews.comPrecision Drilling (NYSE:PDS) Share Price Passes Above Two Hundred Day Moving Average of $62.19May 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 Earnings4/25/2024Today5/26/2024Next 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-32.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$11.38 Trailing P/E Ratio6.22 Forward P/E Ratio11.40 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 / Sales0.71 Cash Flow$26.22 per share Price / Cash Flow2.70 Book Value$83.79 per share Price / Book0.84Miscellaneous Outstanding Shares14,470,000Free Float14,332,000Market Cap$1.02 billion OptionableOptionable Beta2.08 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in 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 research analysts have issued "buy," "hold," and "sell" ratings for Precision Drilling in the last twelve months. There are currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 equities research analysts have issued 12-month price targets for Precision Drilling's shares. Their PDS share price targets range from $20.00 to $101.00. On average, they anticipate the company's share price to reach $48.00 in the next twelve months. This suggests that the stock has a possible downside of 32.2%. 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 at the beginning of 2024. Since then, PDS shares have increased by 30.4% and is now trading at $70.79. View the best growth stocks for 2024 here. Are investors shorting Precision Drilling? Precision Drilling saw a increase in short interest in 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 days-to-cover ratio is presently 6.3 days. Currently, 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) issued its quarterly earnings results on Thursday, April, 25th. The oil and gas company reported $1.88 EPS for the quarter, missing analysts' consensus estimates of $2.00 by $0.12. The oil and gas company had revenue of $391.51 million for the quarter, compared to analyst estimates 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 shareholders 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 5/26/2024 by MarketBeat.com Staff From Our Partners[FREE Ticket] 27 Crypto Experts Reveal Their #1 Picks Crypto 101 MediaClaim Your Complimentary Bitcoin RewardCrypto Swap Profits$1,500 to $9,400 in one month? (A.I. Trade List)Prosper Trading AcademyElon’s New Device is About to Shock the WorldInvestorPlaceNew Options need New Trading StrategiesNetpicksWrite this ticker symbol down…StocksToTradeElon to Transform U.S. Economy? Porter & CompanyBill Clinton Backing Biden Replacement???The Freeport Society 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial 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.