TSE:PSI

Pason Systems (PSI) Stock Price, News & Analysis

C$16.14
-0.01 (-0.06%)
(As of 11:53 AM ET)
Today's Range
C$16.10
C$16.27
50-Day Range
C$13.45
C$17.08
52-Week Range
C$10.75
C$17.49
Volume
7,856 shs
Average Volume
143,425 shs
Market Capitalization
C$1.28 billion
P/E Ratio
13.34
Dividend Yield
3.22%
Price Target
C$18.50

Pason Systems MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
14.6% Upside
C$18.50 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.55mentions of Pason Systems in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
C$107,100 Sold Last Quarter
Proj. Earnings Growth
N/A

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.

1.51 out of 5 stars

PSI stock logo

About Pason Systems Stock (TSE:PSI)

Pason Systems Inc., together with its subsidiaries, provides instrumentation and data management systems for drilling rigs in Canada, the United States, and internationally. The company provides Electronic Drilling Recorder, which provides real-time drilling data to rig site personnel; DataHub with Pason Live, which is used as the central repository for data and reports captured at the rigs for real-time; and DataLink that provides automated in-house databases, third-party analytics platforms, remote geosteering, and other remote services. It offers AutoDriller to maximize the rate of penetration and bit life; internet solutions, such as auto-aiming satellite dishes, data modems, and bandwidth management software; DAS, a rotary drilling automation and optimization software; Electronic Choke Actuator that controls the choke valve; Gas Analyzer that provides real-time compositional gas analysis; Hazardous Gas Alarm System that detects the presence of hazardous gases; Pit Volume Totalizer, which monitors mud volumes and flow rates during drilling, tripping, and casing operations; and Toolface Control, a directional automation software. In addition, the company provides phone, chat, field, and drilling optimization support, as well as proactive monitoring and office support for data integration. It serves drilling contractors and other oilfield service companies. Pason Systems Inc. was founded in 1978 and is headquartered in Calgary, Canada.

PSI Stock Price History

PSI Stock News Headlines

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Pason Systems Inc. (PSI.TO)
Pason Systems Inc PSI
Energy Toolbase Expands to Solar Monitoring
RBC Capital Keeps Their Buy Rating on Pason Systems (PSI)
Closing Bell: Pason Systems Inc flat on Wednesday (PSI)
Pason Systems Inc. (PSI)
See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Ex-Dividend for 3/29 Dividend
3/14/2024
Dividend Payable
3/29/2024
Today
4/24/2024
Next Earnings (Confirmed)
5/02/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas Equipment & Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
650
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$18.50
High Stock Price Target
C$20.00
Low Stock Price Target
C$15.00
Potential Upside/Downside
+14.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
C$97.54 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$369.31 million
Cash Flow
C$2.58 per share
Book Value
C$5.12 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.28 billion
Optionable
Not Optionable
Beta
1.69
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Key Executives

  • Mr. Jon Faber C.F.A. (Age 44)
    CPA, CBV, President, CEO & Non-Independent Director
    Comp: $1.03M
  • Ms. Celine Boston
    Chief Financial Officer
  • Mr. Bryce McLean
    Vice President of Operations
  • Mr. Lars Olesen
    Vice President of Product & Technology
  • Ms. Natalie Fenez
    VP of Legal & Corporate Secretary
  • Ms. Heather Hantos
    Vice President of Human Resources
  • Mr. Timur Kuru (Age 49)
    President & GM of United States
    Comp: $1.04M
  • Mr. Ben Thomas
    Director of Support Services - United States Business Unit

PSI Stock Analysis - Frequently Asked Questions

Should I buy or sell Pason Systems stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pason Systems in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PSI shares.
View PSI analyst ratings
or view top-rated stocks.

What is Pason Systems' stock price target for 2024?

6 analysts have issued 12-month target prices for Pason Systems' shares. Their PSI share price targets range from C$15.00 to C$20.00. On average, they expect the company's stock price to reach C$18.50 in the next year. This suggests a possible upside of 14.6% 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 2024?

Pason Systems' stock was trading at C$16.17 on January 1st, 2024. Since then, PSI stock has decreased by 0.2% and is now trading at C$16.14.
View the best growth stocks for 2024 here
.

When is Pason Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our PSI earnings forecast
.

How were Pason Systems' earnings last quarter?

Pason Systems Inc. (TSE:PSI) issued its quarterly earnings data on Wednesday, February, 28th. The company reported $0.11 EPS for the quarter. The company earned $93.30 million during the quarter, compared to the consensus estimate of $86.65 million. Pason Systems had a net margin of 26.41% and a trailing twelve-month return on equity of 24.51%.

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

Pason Systems announced a quarterly dividend on Thursday, March 14th. Shareholders of record on Friday, March 29th will be paid a dividend of 0.13 per share on Friday, March 29th. This represents a $0.52 dividend on an annualized basis and a yield of 3.22%. The ex-dividend date of this dividend is Thursday, March 14th. This is an increase from the stock's previous quarterly dividend of C$0.12.
Read our dividend analysis for PSI
.

Is Pason Systems a good dividend stock?

Pason Systems (TSE:PSI) pays an annual dividend of C$0.52 per share and currently has a dividend yield of 3.27%. The dividend payout ratio is 42.98%. 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).

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.

This page (TSE:PSI) was last updated on 4/24/2024 by MarketBeat.com Staff

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