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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
The Market Crash Shield is A.I. (Ad)pixel
What is a Gold IRA, and is it a Viable Investment?
Closing prices for crude oil, gold and other commodities
Where Are The Markets Going Next? (Ad)pixel
Is Braze Inc Ready To Rocket Higher? 
UN body mulls deep sea mining amid demand for minerals
Where Are The Markets Going Next? (Ad)pixel
Canada approves largest telecom deal in country's history
Medicare, Social Security could fall short over next decade
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
The Market Crash Shield is A.I. (Ad)pixel
What is a Gold IRA, and is it a Viable Investment?
Closing prices for crude oil, gold and other commodities
Where Are The Markets Going Next? (Ad)pixel
Is Braze Inc Ready To Rocket Higher? 
UN body mulls deep sea mining amid demand for minerals
Where Are The Markets Going Next? (Ad)pixel
Canada approves largest telecom deal in country's history
Medicare, Social Security could fall short over next decade
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
The Market Crash Shield is A.I. (Ad)pixel
What is a Gold IRA, and is it a Viable Investment?
Closing prices for crude oil, gold and other commodities
Where Are The Markets Going Next? (Ad)pixel
Is Braze Inc Ready To Rocket Higher? 
UN body mulls deep sea mining amid demand for minerals
Where Are The Markets Going Next? (Ad)pixel
Canada approves largest telecom deal in country's history
Medicare, Social Security could fall short over next decade
TSE:PSI

Pason Systems - PSI Stock Forecast, Price & News

C$12.13
+0.09 (+0.75%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
C$11.98
▼
C$12.19
50-Day Range
C$11.41
▼
C$15.84
52-Week Range
C$11.19
▼
C$17.12
Volume
84,564 shs
Average Volume
181,450 shs
Market Capitalization
C$987.02 million
P/E Ratio
9.19
Dividend Yield
3.96%
Price Target
C$18.20

Pason Systems MarketRank™ Forecast

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
50.0% Upside
C$18.20 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.26mentions of Pason Systems in the last 14 days
Based on 3 Articles This Week
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.

2.08 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

March 31, 2023 | baystreet.ca
BUY ALERT: Pason Systems is Cheap Right Now
March 30, 2023 | americanbankingnews.com
BMO Capital Markets Cuts Pason Systems (TSE:PSI) Price Target to C$19.00
April 1, 2023 | Legacy Research (Affiliate) (Ad)
Bear market expert makes new prediction
Nobody believed Larry Benedict's prediction in February 2020. The DOW plunged 3.5%, and he told CNBC, "It seems like there's much more to come." Within a month, the market plummeted 34%. Then, nobody believed Larry at the start of last year, either. He predicted that "all the indexes will be negative for the year," with the Nasdaq leading the way. Once again, he was spot-on.
March 16, 2023 | msn.com
Volatile Market? Carpe Diem With These Stock Deals Today
March 7, 2023 | finance.yahoo.com
Pason Systems (TSE:PSI) Is Increasing Its Dividend To CA$0.12
March 4, 2023 | finance.yahoo.com
Pason Systems Full Year 2022 Earnings: EPS Beats Expectations
January 11, 2023 | finance.yahoo.com
Calculating The Fair Value Of Pason Systems Inc. (TSE:PSI)
December 28, 2022 | theglobeandmail.com
Gordon Pape: Dividend stocks that beat the market this year
April 1, 2023 | Legacy Research (Affiliate) (Ad)
Bear market expert makes new prediction
Nobody believed Larry Benedict's prediction in February 2020. The DOW plunged 3.5%, and he told CNBC, "It seems like there's much more to come." Within a month, the market plummeted 34%. Then, nobody believed Larry at the start of last year, either. He predicted that "all the indexes will be negative for the year," with the Nasdaq leading the way. Once again, he was spot-on.
December 15, 2022 | finance.yahoo.com
Pason Announces Renewal of Normal Course Issuer Bid
November 30, 2022 | finance.yahoo.com
Pason Systems Inc. Announces the Release of its Inaugural Sustainability Report
November 29, 2022 | msn.com
3 Undervalued TSX Stocks Worth a Buy Right Now
November 23, 2022 | finance.yahoo.com
The Vice President of Operations of Pason Systems Inc. (TSE:PSI), Bryce McLean, Just Bought A Few More Shares
November 21, 2022 | msn.com
Oil or Tech? Why Choose When You Can Get Both in a Single Stock?
October 4, 2022 | nasdaq.com
PSI Crosses Above Key Moving Average Level
September 8, 2022 | msn.com
Pason Energy Stock: Digitizing the Oil Patch
September 6, 2022 | finance.yahoo.com
Pason Systems' (TSE:PSI) investors will be pleased with their notable 61% return over the last year
August 17, 2022 | theglobeandmail.com
Closing Bell: Pason Systems Inc down on Monday (PSI)
August 10, 2022 | finance.yahoo.com
Pason Reports Second Quarter 2022 Results and Declares Quarterly Dividend
August 4, 2022 | finance.yahoo.com
An Intrinsic Calculation For Pason Systems Inc. (TSE:PSI) Suggests It's 47% Undervalued
July 20, 2022 | theglobeandmail.com
Pason Systems Inc stock advanced on Friday.
July 14, 2022 | theglobeandmail.com
Instrument Name Pason Systems Inc Instrument Symbol (PSI-T)
June 28, 2022 | uk.finance.yahoo.com
Factors that could move the Pason Systems share price
May 12, 2022 | finance.yahoo.com
Is Pason Systems Inc.'s (TSE:PSI) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
May 2, 2022 | uk.investing.com
What's Going On With Pason Systems Shares Today
April 30, 2022 | benzinga.com
Pason Systems Inc. Reports Voting Results of...
April 28, 2022 | finance.yahoo.com
Pason Reports First Quarter 2022 Results and Declares Quarterly Dividend
See More Headlines
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PSI Company Calendar

Ex-Dividend for 3/31 Dividend
3/14/2023
Dividend Payable
3/31/2023
Today
4/01/2023
Next Earnings (Estimated)
4/27/2023
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$18.20
High Stock Price Forecast
C$21.00
Low Stock Price Forecast
C$14.00
Forecasted Upside/Downside
+50.0%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$1.32
Trailing P/E Ratio
9.19
Forward P/E Ratio
9.03
P/E Growth
10.78
Net Income
C$107.62 million
Net Margins
32.12%
Pretax Margin
N/A
Return on Equity
30.70%
Return on Assets
18.20%

Debt

Debt-to-Equity Ratio
1.45
Current Ratio
4.02
Quick Ratio
3.54

Sales & Book Value

Annual Sales
C$335 million
Price / Sales
2.95
Cash Flow
C$1.94 per share
Price / Cash Flow
6.26
Book Value
C$4.74 per share
Price / Book
2.56

Miscellaneous

Outstanding Shares
81,370,000
Free Float
N/A
Market Cap
C$987.02 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?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pason Systems in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research 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?

6 equities research analysts have issued 12 month target prices for Pason Systems' stock. Their PSI share price forecasts range from C$14.00 to C$21.00. On average, they anticipate the company's stock price to reach C$18.20 in the next year. This suggests a possible upside of 50.0% 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 beginning of 2023. Since then, PSI shares have decreased by 23.9% and is now trading at C$12.13.
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 Thursday, April 27th 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 Thursday, March 2nd. Investors of record on Wednesday, March 15th will be paid a dividend of 0.12 per share on Friday, March 31st. This represents a $0.48 dividend on an annualized basis and a yield of 3.96%. The ex-dividend date is Tuesday, March 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 4.21%. PSI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 36.36%. 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$12.13.

How much money does Pason Systems make?

Pason Systems (TSE:PSI) has a market capitalization of C$987.02 million and generates C$335 million in revenue each year. The company earns C$107.62 million in net income (profit) each year or C$1.32 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 4/1/2023 by MarketBeat.com Staff