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Precision Drilling Corporation is an oil & gas drilling business based in the US. Precision Drilling Corporation shares (PDS) are listed on the NYSE and all prices are listed in US Dollars. Precision Drilling Corporation employs 4,496 staff and has a market cap (total outstanding shares value) of USD$222.6 million.
|Latest market close||USD$16.49|
|52-week range||USD$5.44 - USD$32.8|
|50-day moving average||USD$17.2142|
|200-day moving average||USD$4.6459|
|Wall St. target price||USD$4.44|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$-0.366|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-08)||-27.71%|
|1 month (2020-12-16)||-14.38%|
|3 months (2020-10-15)||2,192.51%|
|6 months (2020-07-15)||2,318.60%|
|1 year (2020-01-15)||1,006.71%|
|2 years (2019-01-15)||636.16%|
|3 years (2018-01-12)||344.47%|
|5 years (2016-01-15)||464.73%|
Valuing Precision Drilling Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Precision Drilling Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Precision Drilling Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 31x. In other words, Precision Drilling Corporation shares trade at around 31x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Precision Drilling Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.4. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Precision Drilling Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Gross profit TTM||USD$502.4 million|
|Return on assets TTM||-0.22%|
|Return on equity TTM||-5.55%|
|Market capitalisation||USD$222.6 million|
TTM: trailing 12 months
There are currently 184,026 Precision Drilling Corporation shares held short by investors – that's known as Precision Drilling Corporation's "short interest". This figure is 3% down from 189,732 last month.
There are a few different ways that this level of interest in shorting Precision Drilling Corporation shares can be evaluated.
Precision Drilling Corporation's "short interest ratio" (SIR) is the quantity of Precision Drilling Corporation shares currently shorted divided by the average quantity of Precision Drilling Corporation shares traded daily (recently around 195772.34042553). Precision Drilling Corporation's SIR currently stands at 0.94. In other words for every 100,000 Precision Drilling Corporation shares traded daily on the market, roughly 940 shares are currently held short.
However Precision Drilling Corporation's short interest can also be evaluated against the total number of Precision Drilling Corporation shares, or, against the total number of tradable Precision Drilling Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Precision Drilling Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Precision Drilling Corporation shares in existence, roughly 10 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Precision Drilling Corporation shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Precision Drilling Corporation.
Find out more about how you can short Precision Drilling Corporation stock.
We're not expecting Precision Drilling Corporation to pay a dividend over the next 12 months.
Precision Drilling Corporation's shares were split on a 1:20 basis on 12 November 2020. So if you had owned 20 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Precision Drilling Corporation shares – just the quantity. However, indirectly, the new 1900% higher share price could have impacted the market appetite for Precision Drilling Corporation shares which in turn could have impacted Precision Drilling Corporation's share price.
Over the last 12 months, Precision Drilling Corporation's shares have ranged in value from as little as $5.44 up to $32.8. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Precision Drilling Corporation's is 5.2924. This would suggest that Precision Drilling Corporation's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Precision Drilling Corporation, an oilfield services company, provides oil and natural gas drilling and related services and products. The company operates in two segments, Contract Drilling Services, and Completion and Production Services. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil and natural gas industry. This segment provides land drilling, directional drilling, and turnkey drilling services; and procures and distributes oilfield supplies, as well as manufactures and refurbishes drilling and service rig equipment. As of December 31, 2019, this segment operated 226 land drilling rigs, including 109 in Canada; 104 in the United States; 6 in Kuwai; 4 in Saudi Arabia; 2 in the Kurdistan region of Iraq; and 1 in the country of Georgia. The Completion and Production Services segment provides service rigs for well completion, workover, abandonment, maintenance, and re-entry preparation services; wellsite accommodations; and oilfield surface equipment rentals, as well as pressure control services to oil and natural gas exploration and production companies. As of December 31, 2019, this segment operated 123 well completion and workover service rigs, including 114 in Canada; 9 in the United States; approximately 1,700 oilfield rental items, including surface storage, small-flow wastewater treatment, and power generation and solids control equipment; and 132 wellsite accommodation units in Canada. It also had 42 drilling camps in Canada. Precision Drilling Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.
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