TSE:PSIPason Systems Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add C$7.14 +0.07 (+0.99 %) (As of 05/26/2020 01:23 PM ET) Add Compare Share Today's RangeC$7.08Now: C$7.14▼C$7.2850-Day RangeC$5.97MA: C$6.92▼C$7.7552-Week RangeC$5.81Now: C$7.14▼C$19.56Volume111,878 shsAverage Volume278,253 shsMarket CapitalizationC$603.60 millionP/E Ratio11.74Dividend Yield10.75%BetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Pason Systems Inc. provides instrumentation and data management systems for drilling rigs. The company offers Electronic AutoDriller, which maximizes the rate of penetration by monitoring multiple drilling parameters; Electronic Choke Actuator that provides a means of remotely controlling the choke valve; and Electronic Drilling Recorder. It also provides Enhanced Pit Volume Totalizer, a well control system; Gas Analyzer to detect the changes in relative volumes of hydrocarbon gases; Hazardous Gas Alarm System, which detects the presence of combustible gases and provides visible and audible alerts; Pit Volume Totalizer, a control system; Rig Communications that provides remote data communications for drillers; Rig Display, a touch screen computer to access services and applications on and around the rig floor; and SideKick, a rig floor computer that allows for data entry and displays information around the rig. In addition, the company offers abbl Directional Express that allows operations engineers to manage deliverables on multiple wells; DataHub, a Web application that collects, stores, and displays drilling data, reports, and real-time information for remote access; Directional System, an application that enables directional drillers to monitor and manage multiple wells; and Drilling Guidance System that offers real-time guidance. Further, it provides Pason Live, a Web-based data viewer, which provides visualization tools that display real-time drilling data; Tour Sheet Analytics, which delivers insight into the data; WellView Field Solution, a corporate well file that begins at the request to drill and follows through to the well completion; and VERDAZO visual analytics software, as well as training and maintenance services. The company has operations in Canada, the United States, and internationally. The company was founded in 1978 and is headquartered in Calgary, Canada.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingPason Systems has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$9.50, Pason Systems has a potential upside of 33.1% from its current price of C$7.14.Amount of Analyst CoveragePason Systems has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesPason Systems has received 180 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPason Systems has received 272 “underperform” votes. (Add your “underperform” vote.)Community SentimentPason Systems has received 60.18% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Pason Systems and other stocks. Vote “Outperform” if you believe PSI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PSI will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipPason Systems is a leading dividend payer. It pays a dividend yield of 10.75%, 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 123.15 %. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Pason Systems insiders have not sold or bought any company stock. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Pason Systems are expected to decrease by -100.00% in the coming year, from C$0.28 to C$0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pason Systems is 11.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Pason Systems is 11.74, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 18.32.Price to Earnings Growth RatioPason Systems has a PEG Ratio of 30.87. 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 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.63 out of 5 stars Industry, Sector and Symbol Stock Exchange TSE Industry Oil & Gas Equipment & Services Sub-IndustryN/A SectorBasic Materials Current SymbolTSE:PSI Previous Symbol CUSIPN/A CIKN/A Webwww.pason.com Phone+1-403-3013400Debt Debt-to-Equity Ratio3.93 Current Ratio5.73 Quick Ratio5.32Price-To-Earnings Trailing P/E Ratio11.74 Forward P/E Ratio25.50 P/E Growth30.87 Sales & Book Value Annual SalesC$287.46 million Price / Sales2.10 Cash FlowC$2.05 per share Price / Cash Flow3.49 Book ValueC$4.44 per share Price / Book1.61Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees650 Outstanding Shares84,538,000Market CapC$603.60 million Next Earnings Date8/13/2020 (Estimated) OptionableNot Optionable TSX:PSI Rates by TradingView Receive PSI News and Ratings via Email Sign-up to receive the latest news and ratings for PSI and its competitors with MarketBeat's FREE daily newsletter. Pason Systems (TSE:PSI) Frequently Asked Questions How has Pason Systems' stock been impacted by COVID-19 (Coronavirus)? Pason Systems' stock was trading at C$9.14 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PSI stock has decreased by 21.9% and is now trading at C$7.14. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Pason Systems? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pason Systems in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Pason Systems. When is Pason Systems' next earnings date? Pason Systems is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Pason Systems. How were Pason Systems' earnings last quarter? Pason Systems Inc. (TSE:PSI) announced its earnings results on Thursday, April, 30th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.06. The company had revenue of $73.96 million for the quarter, compared to analyst estimates of $70.95 million. View Pason Systems' earnings history. How often does Pason Systems pay dividends? What is the dividend yield for Pason Systems? Pason Systems announced a quarterly dividend on Wednesday, February 26th. Investors of record on Monday, March 16th will be paid a dividend of 0.19 per share on Monday, March 30th. This represents a $0.76 dividend on an annualized basis and a yield of 10.64%. The ex-dividend date is Friday, March 13th. View Pason Systems' dividend history. What price target have analysts set for PSI? 2 equities research analysts have issued 1-year target prices for Pason Systems' shares. Their forecasts range from C$8.50 to C$10.00. On average, they anticipate Pason Systems' stock price to reach C$9.50 in the next year. This suggests a possible upside of 33.1% from the stock's current price. View analysts' price targets for Pason Systems. Has Pason Systems been receiving favorable news coverage? News articles about PSI stock have been trending positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pason Systems earned a media sentiment score of 3.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutPason Systems. Who are some of Pason Systems' key competitors? Some companies that are related to Pason Systems include John Wood Group (WG), Petrofac (PFC), Mullen Group (MTL), Enerflex (EFX), Asante Solutions (PUMP), TerraVest Industries (TVK), Hunting (HTG), North American Construction Group (NOA), Precision Drilling (PD), Trican Well Service (TCW), Secure Energy Services (SES), Shawcor (SCL), Strad Energy Services (SDY), Horizon North Logistics (HNL) and Basic Energy Services (KEGX). View all competitors. 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 POS (LSPD), ONEX (ONEX), National (NHLD), Bank of Nova Scotia (BNS), Bank of America (BAC), Canadian Western Bank (CWB), Air Canada (AC), Brookfield Property Partners (BPY.UN) and Intelsat (I). Who are Pason Systems' key executives? Pason Systems' management team includes the following people: Mr. Marcel Kessler, Pres, CEO & Director (Age 52)Mr. Jon Faber CFA, CBV, Chief Financial OfficerMs. Natalie Fenez, Gen. CounselMr. Ben Thomas, Director of Support Services - United States Bus. Unit 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 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 PSI stock can currently be purchased for approximately C$7.14. How big of a company is Pason Systems? Pason Systems has a market capitalization of C$603.60 million and generates C$287.46 million in revenue each year. Pason Systems employs 650 workers across the globe. What is Pason Systems' official website? The official website for Pason Systems is www.pason.com. How can I contact Pason Systems? Pason Systems' mailing address is 6130 3 St SE, CALGARY, AB T2H 1K4, Canada. The company can be reached via phone at +1-403-3013400. This page was last updated on 5/26/2020 by MarketBeat.com Staff
