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TSE:PSI

Pason Systems (PSI) Stock Forecast, Price & News

C$11.59
-0.06 (-0.52%)
(As of 06/9/2023 ET)
Compare
Today's Range
C$11.48
▼
C$11.70
50-Day Range
C$11.15
▼
C$12.29
52-Week Range
C$10.87
▼
C$16.98
Volume
144,679 shs
Average Volume
183,467 shs
Market Capitalization
C$933.57 million
P/E Ratio
7.68
Dividend Yield
4.14%
Price Target
C$17.10
ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media

Pason Systems MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
47.5% Upside
C$17.10 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.03 out of 5 stars

See Top Rated MarketRank™ Stocks Here

PSI stock logo

About Pason Systems (TSE:PSI) Stock

Pason Systems Inc., an energy services and technology company, provides data management systems for drilling rigs in Canada, the United States, and internationally. The company offers Electronic Drilling Recorder, which monitors and records drilling operations around the rig; DataHub for storing data and information collected from the rig for on-demand retrieval; DataLink service provides direct connection interfaces for IT systems and analytics tools; Pason Live for monitoring rig operations in real-time using desktop computers or mobile devices; and daily and end-of-well KPI reports provide visual statistics on rig performance. It also provides Drilling intelligence to suggest drilling parameters, detect disfunction, and send event alerts to onsite personnel and remote engineers in real time; and Drilling automation, a reality across rig platforms. In addition, the company offers Pason Gas Analyzer for real-time gas measurement; a robust system of alarms and sensors to monitor ambient gasses in the atmosphere and in the drilling fluids; and Pason Pit Volume Totalizer to track the volumes, gains, and losses of drilling fluids on location. Further, it provides field support, monitoring, drilling optimization, and office support for data integration. The company serves E&P operators, drilling contractors, and other oilfield service companies. Pason Systems Inc. was founded in 1978 and is headquartered in Calgary, Canada.

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PSI Stock News Headlines

June 8, 2023 | msn.com
STIFEL CANADA Downgrades Pason Systems (TSX:PSI)
May 31, 2023 | finance.yahoo.com
Individual investors account for 54% of Pason Systems Inc.'s (TSE:PSI) ownership, while institutions account for 46%
June 9, 2023 | Legacy Research (Affiliate) (Ad)
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May 27, 2023 | americanbankingnews.com
Pason Systems Inc. (TSE:PSI) Receives C$17.10 Average Price Target from Analysts
May 19, 2023 | americanbankingnews.com
Barclays Cuts Pason Systems (TSE:PSI) Price Target to C$12.00
May 18, 2023 | theglobeandmail.com
Closing Bell: Pason Systems Inc up on Wednesday (PSI)
May 14, 2023 | markets.businessinsider.com
Barclays Sticks to Their Sell Rating for Pason Systems (PSI)
May 11, 2023 | americanbankingnews.com
Royal Bank of Canada Trims Pason Systems (TSE:PSI) Target Price to C$19.00
June 9, 2023 | Vantage Point (Ad)
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May 10, 2023 | americanbankingnews.com
Pason Systems (TSE:PSI) PT Raised to C$15.50
May 8, 2023 | markets.businessinsider.com
Pason Systems (PSI) Gets a Hold Rating from Stifel Nicolaus
May 7, 2023 | americanbankingnews.com
Pason Systems (TSE:PSI) Trading Up 6.5% Following Dividend Announcement
May 5, 2023 | msn.com
Canada shares higher at close of trade; S&P/TSX Composite up 1.50%
May 5, 2023 | markets.businessinsider.com
TSX Rises 1.5%, Posts Biggest Single-session Gain In 5 Months
May 4, 2023 | finance.yahoo.com
Pason Reports First Quarter 2023 Results and Declares Quarterly Dividend
April 29, 2023 | americanbankingnews.com
Pason Systems Inc. (TSE:PSI) Receives Consensus Recommendation of "Hold" from Brokerages
April 28, 2023 | theglobeandmail.com
Closing Bell: Pason Systems Inc up on Friday (PSI)
April 27, 2023 | baystreet.ca
Should You Buy Pason Systems Before Earnings?
April 27, 2023 | americanbankingnews.com
National Bankshares Upgrades Pason Systems (TSE:PSI) to "Outperform"
April 26, 2023 | americanbankingnews.com
Pason Systems (TSE:PSI) Raised to "Outperform Market Weight" at National Bank Financial
April 25, 2023 | msn.com
Drop in gold, oil prices drag TSX futures lower
April 15, 2023 | americanbankingnews.com
Royal Bank of Canada Trims Pason Systems (TSE:PSI) Target Price to C$20.00
April 14, 2023 | finance.yahoo.com
If EPS Growth Is Important To You, Pason Systems (TSE:PSI) Presents An Opportunity
April 11, 2023 | theglobeandmail.com
Closing Bell: Pason Systems Inc up on Monday (PSI)
April 7, 2023 | theglobeandmail.com
Closing Bell: Pason Systems Inc up on Thursday (PSI)
April 6, 2023 | theglobeandmail.com
Closing Bell: Pason Systems Inc down on Wednesday (PSI)
April 4, 2023 | americanbankingnews.com
Pason Systems Inc. (TSE:PSI) Given Consensus Recommendation of "Hold" by Brokerages
See More Headlines

PSI Price History

PSI Company Calendar

Ex-Dividend for 3/31 Dividend
3/14/2023
Dividend Payable
3/31/2023
Today
6/09/2023
Ex-Dividend for 6/30 Dividend
6/14/2023
Dividend Payable
6/30/2023
Next Earnings (Estimated)
8/09/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Oil & Gas Equipment & Services
Sub-Industry
N/A
Sector
Basic Materials
Current Symbol
TSE:PSI
CUSIP
N/A
CIK
N/A
Web
www.pason.com
Phone
+1-403-3013400
Fax
N/A
Employees
650
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$17.10
High Stock Price Forecast
C$20.00
Low Stock Price Forecast
C$12.00
Forecasted Upside/Downside
+47.3%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$1.51
Trailing P/E Ratio
7.69
Forward P/E Ratio
8.74
P/E Growth
10.78
Net Income
C$124.89 million
Net Margins
34.81%
Pretax Margin
N/A
Return on Equity
34.61%
Return on Assets
20.77%

Debt

Debt-to-Equity Ratio
3.33
Current Ratio
4.23
Quick Ratio
3.54

Sales & Book Value

Annual Sales
C$358.76 million
Price / Sales
2.61
Cash Flow
C$1.86 per share
Price / Cash Flow
6.26
Book Value
C$4.96 per share
Price / Book
2.34

Miscellaneous

Outstanding Shares
80,550,000
Free Float
N/A
Market Cap
C$935.19 million
Optionable
Not Optionable
Beta
1.66

Key Executives

  • Mr. Jon Faber C.F.A. (Age 43)
    CPA, CBV, CFA, Pres, CEO & Non-Independent Director
    Comp: $1.07M
  • Ms. Celine Boston
    Chief Financial Officer
  • Mr. Bryce McLean
    VP of Operations
  • Mr. Lars Olesen
    VP of Product & Technology
  • Ms. Natalie Fenez
    VP of Legal & Corp. Sec.
  • Ms. Heather Hantos
    VP of HR
  • Mr. Timur Kuru (Age 47)
    Pres & GM of United States
  • Mr. Reid Cameron Wuntke
    Pres of Energy Toolbase Software, Inc.
  • Mr. Ben Thomas
    Director of Support Services - United States Bus. Unit

Key Competitors

View All Competitors

Insiders

View All Insider Transactions













PSI Stock - Frequently Asked Questions

Should I buy or sell Pason Systems stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pason Systems in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PSI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSI, but not buy additional shares or sell existing shares.
View PSI analyst ratings or view top-rated stocks.

What is Pason Systems' stock price forecast for 2023?

5 analysts have issued 1 year price objectives for Pason Systems' stock. Their PSI share price forecasts range from C$12.00 to C$20.00. On average, they predict the company's share price to reach C$17.10 in the next year. This suggests a possible upside of 47.3% from the stock's current price.
View analysts price targets for PSI or view top-rated stocks among Wall Street analysts.

How have PSI shares performed in 2023?

Pason Systems' stock was trading at C$15.94 at the start of the year. Since then, PSI stock has decreased by 27.2% and is now trading at C$11.61.
View the best growth stocks for 2023 here.

When is Pason Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our PSI earnings forecast.

How often does Pason Systems pay dividends? What is the dividend yield for Pason Systems?

Pason Systems declared a quarterly dividend on Wednesday, June 14th. Shareholders of record on Friday, June 30th will be paid a dividend of 0.12 per share on Friday, June 30th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date is Wednesday, June 14th.
Read our dividend analysis for PSI.

Is Pason Systems a good dividend stock?

Pason Systems (TSE:PSI) pays an annual dividend of C$0.48 per share and currently has a dividend yield of 4.15%. PSI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 31.79%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PSI.

What other stocks do shareholders of Pason Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pason Systems investors own include Jean Coutu Group (PJC.A), Lightspeed Commerce (LSPD), Onex (ONEX), Bank of Nova Scotia (BNS), National (NHLD), Bank of America (BAC), Brookfield Property Partners (BPY.UN), Air Canada (AC), Cenovus Energy (CVE) and Canadian Western Bank (CWB).

What is Pason Systems' stock symbol?

Pason Systems trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PSI."

How do I buy shares of Pason Systems?

Shares of PSI stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Pason Systems' stock price today?

One share of PSI stock can currently be purchased for approximately C$11.61.

How much money does Pason Systems make?

Pason Systems (TSE:PSI) has a market capitalization of C$935.19 million and generates C$358.76 million in revenue each year. The company earns C$124.89 million in net income (profit) each year or C$1.51 on an earnings per share basis.

How many employees does Pason Systems have?

The company employs 650 workers across the globe.

How can I contact Pason Systems?

Pason Systems' mailing address is 6130 3 St SE, CALGARY, AB T2H 1K4, Canada. The official website for the company is www.pason.com. The company can be reached via phone at +1-403-3013400.

This page (TSE:PSI) was last updated on 6/9/2023 by MarketBeat.com Staff

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