TSE:PSI Pason Systems (PSI) Stock Forecast, Price & News C$11.59 -0.06 (-0.52%) (As of 06/9/2023 ET) Add Compare Share Share Today's RangeC$11.48▼C$11.7050-Day RangeC$11.15▼C$12.2952-Week RangeC$10.87▼C$16.98Volume144,679 shsAverage Volume183,467 shsMarket CapitalizationC$933.57 millionP/E Ratio7.68Dividend Yield4.14%Price TargetC$17.10 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Pason Systems MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside47.5% UpsideC$17.10 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 3.1 Analyst's Opinion Consensus RatingPason Systems has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of C$17.10, Pason Systems has a forecasted upside of 47.5% from its current price of C$11.59.Amount of Analyst CoveragePason Systems has only been the subject of 3 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for PSI. Previous Next 2.5 Dividend Strength Dividend LeadershipPason Systems is a leading dividend payer. It pays a dividend yield of 4.15%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPason Systems does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Pason Systems is 31.79%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PSI. Previous Next 1.1 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Pason Systems this week, compared to 1 article on an average week.Search Interest1 people have searched for PSI on MarketBeat in the last 30 days. MarketBeat Follows1 people have added Pason Systems to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Pason Systems insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.31% of the stock of Pason Systems is held by insiders.Percentage Held by Institutions49.91% of the stock of Pason Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Pason Systems is 7.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.36.Price to Earnings Ratio vs. SectorThe P/E ratio of Pason Systems is 7.68, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 88.81.Price to Earnings Growth RatioPason Systems has a PEG Ratio of 10.78. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPason Systems has a P/B Ratio of 2.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Pason Systems (TSE:PSI) StockPason 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.Read More Receive PSI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Pason Systems and its competitors with MarketBeat's FREE daily newsletter. Email Address PSI Stock News HeadlinesJune 8, 2023 | msn.comSTIFEL CANADA Downgrades Pason Systems (TSX:PSI)May 31, 2023 | finance.yahoo.comIndividual investors account for 54% of Pason Systems Inc.'s (TSE:PSI) ownership, while institutions account for 46%June 9, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.May 27, 2023 | americanbankingnews.comPason Systems Inc. (TSE:PSI) Receives C$17.10 Average Price Target from AnalystsMay 19, 2023 | americanbankingnews.comBarclays Cuts Pason Systems (TSE:PSI) Price Target to C$12.00May 18, 2023 | theglobeandmail.comClosing Bell: Pason Systems Inc up on Wednesday (PSI)May 14, 2023 | markets.businessinsider.comBarclays Sticks to Their Sell Rating for Pason Systems (PSI)May 11, 2023 | americanbankingnews.comRoyal Bank of Canada Trims Pason Systems (TSE:PSI) Target Price to C$19.00June 9, 2023 | Vantage Point (Ad)Warning: America on the Brink of Financial Crisis!Something strange is happening in our financial system. UBS analysts predict over 50,000 retail locations may close soon. Retail giants like Walmart, Foot Locker, Bed Bath & Beyond, and Macy's are already downsizing their stores. Are you using the best technology to protect your money at all costs? May 10, 2023 | americanbankingnews.comPason Systems (TSE:PSI) PT Raised to C$15.50May 8, 2023 | markets.businessinsider.comPason Systems (PSI) Gets a Hold Rating from Stifel NicolausMay 7, 2023 | americanbankingnews.comPason Systems (TSE:PSI) Trading Up 6.5% Following Dividend AnnouncementMay 5, 2023 | msn.comCanada shares higher at close of trade; S&P/TSX Composite up 1.50%May 5, 2023 | markets.businessinsider.comTSX Rises 1.5%, Posts Biggest Single-session Gain In 5 MonthsMay 4, 2023 | finance.yahoo.comPason Reports First Quarter 2023 Results and Declares Quarterly DividendApril 29, 2023 | americanbankingnews.comPason Systems Inc. (TSE:PSI) Receives Consensus Recommendation of "Hold" from BrokeragesApril 28, 2023 | theglobeandmail.comClosing Bell: Pason Systems Inc up on Friday (PSI)April 27, 2023 | baystreet.caShould You Buy Pason Systems Before Earnings?April 27, 2023 | americanbankingnews.comNational Bankshares Upgrades Pason Systems (TSE:PSI) to "Outperform"April 26, 2023 | americanbankingnews.comPason Systems (TSE:PSI) Raised to "Outperform Market Weight" at National Bank FinancialApril 25, 2023 | msn.comDrop in gold, oil prices drag TSX futures lowerApril 15, 2023 | americanbankingnews.comRoyal Bank of Canada Trims Pason Systems (TSE:PSI) Target Price to C$20.00April 14, 2023 | finance.yahoo.comIf EPS Growth Is Important To You, Pason Systems (TSE:PSI) Presents An OpportunityApril 11, 2023 | theglobeandmail.comClosing Bell: Pason Systems Inc up on Monday (PSI)April 7, 2023 | theglobeandmail.comClosing Bell: Pason Systems Inc up on Thursday (PSI)April 6, 2023 | theglobeandmail.comClosing Bell: Pason Systems Inc down on Wednesday (PSI)April 4, 2023 | americanbankingnews.comPason Systems Inc. (TSE:PSI) Given Consensus Recommendation of "Hold" by BrokeragesSee More Headlines PSI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PSI Company Calendar Ex-Dividend for 3/31 Dividend3/14/2023Dividend Payable3/31/2023Today6/09/2023Ex-Dividend for 6/30 Dividend6/14/2023Dividend Payable6/30/2023Next Earnings (Estimated)8/09/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas Equipment & Services Sub-IndustryN/A SectorBasic Materials Current SymbolTSE:PSI CUSIPN/A CIKN/A Webwww.pason.com Phone+1-403-3013400FaxN/AEmployees650Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$17.10 High Stock Price ForecastC$20.00 Low Stock Price ForecastC$12.00 Forecasted Upside/Downside+47.3%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)C$1.51 Trailing P/E Ratio7.69 Forward P/E Ratio8.74 P/E Growth10.78Net IncomeC$124.89 million Net Margins34.81% Pretax MarginN/A Return on Equity34.61% Return on Assets20.77% Debt Debt-to-Equity Ratio3.33 Current Ratio4.23 Quick Ratio3.54 Sales & Book Value Annual SalesC$358.76 million Price / Sales2.61 Cash FlowC$1.86 per share Price / Cash Flow6.26 Book ValueC$4.96 per share Price / Book2.34Miscellaneous Outstanding Shares80,550,000Free FloatN/AMarket CapC$935.19 million OptionableNot Optionable Beta1.66 Key ExecutivesMr. Jon Faber C.F.A. (Age 43)CPA, CBV, CFA, Pres, CEO & Non-Independent Director Comp: $1.07MMs. Celine BostonChief Financial OfficerMr. Bryce McLeanVP of OperationsMr. Lars OlesenVP of Product & TechnologyMs. Natalie FenezVP of Legal & Corp. Sec.Ms. Heather HantosVP of HRMr. Timur Kuru (Age 47)Pres & GM of United States Mr. Reid Cameron WuntkePres of Energy Toolbase Software, Inc.Mr. Ben ThomasDirector of Support Services - United States Bus. UnitMore ExecutivesKey CompetitorsTrican Well ServiceTSE:TCWShawcorTSE:SCLNorth American Construction GroupTSE:NOAMullen GroupTSE:MTLNeo LithiumCVE:NLCView All CompetitorsInsidersJonathan FaberSold 4,600 sharesTotal: C$74,060.00 ($16.10/share)Kevin BostonSold 1,201 sharesTotal: C$19,460.83 ($16.20/share)Bryce McleanBought 22,667 shares on 11/17/2022Total: C$292,404.30 ($12.90/share)Celine BostonBought 1,147 shares on 9/27/2022Total: C$14,498.08 ($12.64/share)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 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 Pason Systems Inc. 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. 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