Pason Systems Company Profile (TSE:PSI)

About Pason Systems (TSE:PSI)

Pason Systems logoPason Systems Inc. is a Canada-based global provider of instrumentation and data management systems for drilling rigs. The Company's geographical segments include Canada, the United States, and International. The International segment includes Latin America, Offshore, the Eastern Hemisphere, and the Middle East. The Company's solutions include data acquisition, wellsite reporting, remote communications, and Web-based information management, and enable collaboration between the rig and the office. The Company's products include Pason Service, Automatic Driller, Choke Control, Electronic Drilling Recorder (EDR), Enhanced Pit Volume Totalizer (ePVT), Gas Analyzer, Hazardous Gas Alarm System and Pit Volume Totalizer (PVT), among others. The Company's rig site products include Rig Communications, Rig Display and SideKick, among others. The Company's data analysis includes DataHub, Directional System, Drilling Guidance System (DGS), Live Rig View (LRV) and LRV Mobile (LRV), among others.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Oil & Gas Equipment & Services
  • Sub-Industry: N/A
  • Symbol: TSE:PSI
  • CUSIP: N/A
  • Web: https://www.pason.com/
Capitalization:
  • Market Cap: C$1.6 billion
  • Outstanding Shares: 84,814,000
Average Prices:
  • 50 Day Moving Avg: C$17.66
  • 200 Day Moving Avg: C$18.76
  • 52 Week Range: C$14.79 - C$22.36
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 35.89
Sales & Book Value:
  • Annual Revenue: C$202.3 million
  • Price / Sales: 7.92
  • Book Value: C$4.31 per share
  • Price / Book: 4.38
Dividend:
  • Dividend Yield: 3.7%
Profitability:
  • EBIDTA: C$52.67 million
  • Net Margins: 12.36%
  • Return on Equity: 7.42%
  • Return on Assets: 6.58%
Misc:
  • Average Volume: 74,210 shs.
  • Short Ratio: 14.08
 

Frequently Asked Questions for Pason Systems (TSE:PSI)

What is Pason Systems' stock symbol?

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

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

Pason Systems declared a quarterly dividend on Thursday, August 10th. Investors of record on Friday, September 15th will be given a dividend of 0.17 per share on Friday, September 29th. This represents a $0.68 annualized dividend and a dividend yield of 3.60%. The ex-dividend date of this dividend is Thursday, September 14th. View Pason Systems' Dividend History.

How were Pason Systems' earnings last quarter?

Pason Systems Inc. (TSE:PSI) posted its quarterly earnings data on Tuesday, August, 11th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of ($0.05) by $0.13. The company earned $57.44 million during the quarter, compared to the consensus estimate of $62.95 million. Pason Systems had a return on equity of 7.42% and a net margin of 12.36%. View Pason Systems' Earnings History.

When will Pason Systems make its next earnings announcement?

Pason Systems is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Pason Systems.

Where is Pason Systems' stock going? Where will Pason Systems' stock price be in 2017?

3 equities research analysts have issued 1-year price objectives for Pason Systems' shares. Their forecasts range from C$21.00 to C$25.00. On average, they expect Pason Systems' stock price to reach C$22.83 in the next year. View Analyst Ratings for Pason Systems.

Who are some of Pason Systems' key competitors?

Who are Pason Systems' key executives?

Pason Systems' management team includes the folowing people:

  • James D. Hill, Executive Chairman of the Board
  • Marcel Kessler, President, Chief Executive Officer, Director
  • Jon Faber, Chief Financial Officer
  • David Elliott, Vice President - Finance
  • Kevin Boston, Vice President - Sales & Business Development
  • Kevin Lo, Vice President - New Ventures
  • Lars Olesen, Vice President - Product Management
  • Russell Smith, Vice President - International Operations
  • Ryan Van Beurden, Vice President - Rigsite R&D
  • Melinda Ando, General Counsel and Corporate Secretary

How do I buy Pason Systems stock?

Shares of Pason Systems and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is Pason Systems' stock price today?

One share of Pason Systems stock can currently be purchased for approximately C$18.88.


MarketBeat Community Rating for Pason Systems (TSE PSI)
Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  51 (Vote Outperform)
Underperform Votes:  104 (Vote Underperform)
Total Votes:  155
MarketBeat's community ratings are surveys of what our community members think about Pason Systems and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Pason Systems (TSE:PSI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: C$22.83

Analysts' Ratings History for Pason Systems (TSE:PSI)
Show:
DateFirmActionRatingPrice TargetDetails
5/4/2017BMO Capital MarketsReiterated RatingOutperformC$25.00View Rating Details
1/25/2017CIBCBoost Price TargetC$16.50 -> C$21.00View Rating Details
1/20/2017National Bank FinancialBoost Price TargetC$22.00 -> C$22.50View Rating Details
10/18/2016GMP SecuritiesDowngradeBuy -> HoldView Rating Details
7/11/2016AltaCorp CapitalReiterated RatingSector PerformView Rating Details
2/29/2016FirstEnergy CapitalLower Price TargetC$20.00 -> C$19.00View Rating Details
2/29/2016FirstEnergy CorporationLower Price TargetC$20.00 -> C$19.00View Rating Details
(Data available from 9/23/2015 forward)

Earnings

Earnings History for Pason Systems (TSE:PSI)
Earnings by Quarter for Pason Systems (TSE:PSI)
Earnings History by Quarter for Pason Systems (TSE PSI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/8/2017        
8/11/2015Q2C($0.05)C$0.08C$62.95 millionC$57.44 millionViewListenView Earnings Details
8/6/2014C$0.21C$0.21C$98.11 millionC$103.85 millionViewN/AView Earnings Details
5/6/2014C$0.32C$0.25C$124.37 millionC$123.17 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Pason Systems (TSE:PSI)
2017 EPS Consensus Estimate: $0.25
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.03$0.03$0.03
Q2 20171$0.01$0.01$0.01
Q3 20171$0.10$0.10$0.10
Q4 20171$0.11$0.11$0.11
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Pason Systems (TSE PSI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/10/2017Quarterly$0.179/14/20179/15/20179/29/2017
3/14/2017Quarterly$0.173.76%3/14/20173/30/20173/30/2017
12/14/2016Quarterly$0.173.51%12/14/201612/30/201612/30/2016
3/14/2016Quarterly$0.174.1%3/14/20163/30/20163/30/2016
12/14/2015Quarterly$0.173.52%12/14/201512/29/201512/29/2015
9/14/2015Quarterly$0.173.61%9/14/20159/30/20159/30/2015
5/5/2015Quarterly$0.143.05%6/12/20156/16/20156/29/2015
2/26/2015Quarterly$0.143.62%3/12/20153/16/20153/30/2015
11/12/2014quarterly$0.173.13%12/12/201412/16/201412/29/2014
8/6/2014quarterly$0.171.99%9/12/20149/16/201410/1/2014
5/6/2014quarterly$0.151.99%6/11/20146/13/20147/2/2014
2/27/2014quarterly$0.152.1%3/12/20143/14/20144/1/2014
11/4/2013$0.1312/12/201312/16/20131/2/2014
11/4/2013quarterly$0.142.57%12/12/201312/16/20131/2/2014
8/2/2013quarterly$0.139/16/201310/1/2013
5/1/2013quarterly$0.136/14/20137/2/2013
2/25/2013quarterly$0.133/15/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Pason Systems (TSE:PSI)
Insider Trades by Quarter for Pason Systems (TSE:PSI)
Insider Trades by Quarter for Pason Systems (TSE:PSI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/20/2017Russell SmithInsiderSell17,500C$0.00C$0.00
9/18/2017Russell SmithInsiderBuy500C$14.86C$7,430.00
6/28/2017James Douglas HillInsiderSell50,000C$19.30C$965,000.00
6/27/2017James Douglas HillInsiderSell14,300C$19.00C$271,700.00
6/21/2017Kevin BostonInsiderBuy1,000C$13.50C$13,500.00
6/13/2017James Douglas HillInsiderSell100,000C$19.50C$1,950,000.00
6/12/2017James Douglas HillInsiderSell68,000C$19.50C$1,326,000.00
5/19/2017Beurden Ryan VanInsiderSell6,000C$20.98C$125,880.00
5/16/2017Kevin BostonInsiderSell5,000C$20.45C$102,250.00
5/12/2017David Robert ElliottInsiderSell20,000C$20.03C$400,600.00
5/8/2017Russell SmithInsiderSell900C$20.16C$18,144.00
5/5/2017Bryce McleanInsiderSell9,600C$20.00C$192,000.00
3/29/2017Beurden Ryan VanInsiderSell5,000C$19.09C$95,450.00
3/14/2017Kevin BostonInsiderBuy500C$12.92C$6,460.00
3/6/2017Kevin BostonInsiderBuy500C$13.54C$6,770.00
3/1/2017Kevin BostonInsiderBuy500C$13.75C$6,875.00
2/27/2017Kevin BostonInsiderBuy500C$14.05C$7,025.00
9/8/2016Marcel KesslerInsiderBuy3,000C$17.64C$52,920.00
9/7/2016Marcel KesslerInsiderSell500C$17.56C$8,780.00
9/6/2016Ronald DudarInsiderSell2,400C$19.25C$46,200.00
3/14/2016James Douglas HillDirectorSell167,000C$16.90C$2,823,034.80
3/11/2016Jonathan FaberInsiderBuy1,200C$16.25C$19,500.00
3/8/2016Russell SmithInsiderBuy500C$12.11C$6,055.00
3/7/2016James Douglas HillDirectorSell442,300C$16.90C$7,475,843.06
3/4/2016James Douglas HillDirectorSell277,800C$16.94C$4,704,904.14
3/3/2016James Douglas HillDirectorSell27,800C$16.95C$471,123.82
11/25/2015David Robert ElliottInsiderSell2,100C$20.70C$43,459.50
11/24/2015Ronald DudarInsiderSell4,000C$20.50C$82,018.00
11/16/2015Russell SmithInsiderSell5,000C$20.09C$100,470.00
11/10/2015Ronald DudarInsiderSell4,000C$20.20C$80,800.00
11/9/2015James Brian HoweDirectorSell3,000C$19.78C$59,340.00
11/9/2015Russell SmithInsiderSell2,200C$20.00C$44,000.00
9/16/2015James Brian HoweDirectorSell3,500C$19.90C$69,650.00
9/1/2015Ronald DudarInsiderSell1,300C$20.01C$26,013.00
8/31/2015Russell SmithInsiderSell2,600C$20.38C$52,988.00
8/28/2015Ronald DudarInsiderSell5,000C$19.00C$95,000.00
6/25/2015Ronald DudarInsiderSell12,000C$22.30C$267,600.00
6/24/2015James Douglas HillDirectorSell250,000C$22.02C$5,503,775.00
5/29/2015Kevin BostonInsiderSell3,300C$22.25C$73,425.00
5/26/2015Russell SmithInsiderSell5,000C$21.75C$108,750.00
5/11/2015David Robert ElliottInsiderBuy1,100C$21.04C$23,142.90
3/31/2015Todd PerryInsiderSell8,334C$20.19C$168,263.46
3/12/2015Jonathan FaberInsiderBuy1,000C$18.50C$18,500.00
3/3/2015James Douglas HillDirectorSell500,000C$18.31C$9,155,000.00
12/15/2014Marcel KesslerInsiderBuy2,500C$21.10C$52,750.00
12/10/2014Marcel KesslerInsiderBuy2,500C$21.30C$53,257.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Pason Systems (TSE:PSI)
Latest Headlines for Pason Systems (TSE:PSI)
Source:
DateHeadline
finance.yahoo.com logoPason Systems, Inc. – Value Analysis (TORONTO:PSI) : September 20, 2017
finance.yahoo.com - September 20 at 8:00 AM
finance.yahoo.com logoPason Systems, Inc. breached its 50 day moving average in a Bullish Manner : PSI-CA : September 18, 2017
finance.yahoo.com - September 19 at 6:48 AM
americanbankingnews.com logoPason Systems Inc. (PSI) to Issue Quarterly Dividend of $0.17
www.americanbankingnews.com - September 9 at 2:16 PM
americanbankingnews.com logoFY2018 EPS Estimates for Pason Systems Inc. Cut by National Bank Financial (PSI)
www.americanbankingnews.com - August 30 at 11:00 AM
finance.yahoo.com logoPason Systems, Inc. :PSI-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 18, 2017
finance.yahoo.com - August 19 at 6:41 AM
americanbankingnews.com logoNational Bank Financial Equities Analysts Lift Earnings Estimates for Pason Systems Inc. (PSI)
www.americanbankingnews.com - August 14 at 4:24 AM
americanbankingnews.com logoAnalysts Issue Forecasts for Pason Systems Inc.'s Q3 2017 Earnings (TSE:PSI)
www.americanbankingnews.com - August 11 at 11:40 AM
finance.yahoo.com logoEdited Transcript of PSI.TO earnings conference call or presentation 10-Aug-17 3:00pm GMT
finance.yahoo.com - August 11 at 7:45 AM
finance.yahoo.com logoPason Systems, Inc. :PSI-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 3, 2017
finance.yahoo.com - August 4 at 7:17 AM
americanbankingnews.com logoPason Systems Inc. (TSE:PSI) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - August 2 at 8:20 AM
nasdaq.com logoPason Systems Makes Notable Cross Below Critical Moving Average - Nasdaq
www.nasdaq.com - July 8 at 1:48 PM
americanbankingnews.com logoJames Douglas Hill Sells 14,300 Shares of Pason Systems Inc. (PSI) Stock
www.americanbankingnews.com - June 28 at 7:40 PM
americanbankingnews.com logoPason Systems Inc. (PSI) Insider Sells C$965,000.00 in Stock
www.americanbankingnews.com - June 28 at 7:20 PM
finance.yahoo.com logoPason to Release Second Quarter 2017 Results on August 9, 2017
finance.yahoo.com - June 27 at 7:32 AM
americanbankingnews.com logoPason Systems Inc. (PSI) Insider Kevin Boston Purchases 1,000 Shares
www.americanbankingnews.com - June 22 at 1:32 PM
americanbankingnews.com logoJames Douglas Hill Sells 68,000 Shares of Pason Systems Inc. (PSI) Stock
www.americanbankingnews.com - June 13 at 4:34 PM
americanbankingnews.com logoInsider Selling: Pason Systems Inc. (PSI) Insider Sells 100,000 Shares of Stock
www.americanbankingnews.com - June 13 at 4:34 PM
americanbankingnews.com logoPason Systems Inc. (PSI) Insider Beurden Ryan Van Sells 6,000 Shares
www.americanbankingnews.com - May 19 at 4:24 PM
americanbankingnews.com logoNational Bank Financial Analysts Lower Earnings Estimates for Pason Systems Inc. (PSI)
www.americanbankingnews.com - May 18 at 10:14 AM
americanbankingnews.com logoPason Systems Inc. (PSI) Insider Kevin Boston Sells 5,000 Shares
www.americanbankingnews.com - May 16 at 4:38 PM
americanbankingnews.com logoPason Systems Inc. (PSI) Insider Sells C$400,600.00 in Stock
www.americanbankingnews.com - May 12 at 4:26 PM
americanbankingnews.com logoInsider Selling: Pason Systems Inc. (PSI) Insider Sells 900 Shares of Stock
www.americanbankingnews.com - May 8 at 4:46 PM
americanbankingnews.com logoPason Systems Inc. (PSI) Insider Bryce Mclean Sells 9,600 Shares
www.americanbankingnews.com - May 5 at 10:57 PM
finance.yahoo.com logoPason Systems Inc. Reports Voting Results of Director Elections
finance.yahoo.com - May 5 at 7:35 PM
americanbankingnews.com logoNational Bank Financial Brokers Lift Earnings Estimates for Pason Systems Inc. (PSI)
www.americanbankingnews.com - May 5 at 7:44 AM
finance.yahoo.com logoEdited Transcript of PSI.TO earnings conference call or presentation 3-May-17 3:00pm GMT
finance.yahoo.com - May 4 at 7:31 PM
finance.yahoo.com logoETFs with exposure to Pason Systems, Inc. : May 4, 2017
finance.yahoo.com - May 4 at 7:31 PM
americanbankingnews.com logoPason Systems Inc. (PSI) Given a C$25.00 Price Target at BMO Capital Markets
www.americanbankingnews.com - May 4 at 5:32 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for Pason Systems Inc. (PSI) Increased by National Bank Financial
www.americanbankingnews.com - May 4 at 12:58 PM
finance.yahoo.com logoPason Reports First Quarter 2017 Results
finance.yahoo.com - May 3 at 7:40 PM
finance.yahoo.com logoPason Systems Inc. Announces Quarterly Dividend
finance.yahoo.com - May 3 at 7:39 PM
americanbankingnews.com logoPason Systems Inc. (PSI) Insider Sells C$95,450.00 in Stock
www.americanbankingnews.com - March 29 at 4:28 PM
finance.yahoo.com logoPason to Release First Quarter 2017 Results on May 2, 2017
finance.yahoo.com - March 27 at 6:48 PM
finance.yahoo.com logoExxonMobil Awards License for Efficient Drilling Technology to Pason Systems
finance.yahoo.com - February 10 at 9:32 PM
marketwatch.com logoPason Announces Award of ExxonMobil Drilling Advisory System License
www.marketwatch.com - February 10 at 9:32 PM
finance.yahoo.com logoPason to Release Fourth Quarter and Full-Year 2016 Results on February 22, 2017
finance.yahoo.com - January 10 at 8:22 PM

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Chart

Pason Systems (PSI) Chart for Saturday, September, 23, 2017

This page was last updated on 9/23/2017 by MarketBeat.com Staff