Precision Drilling Corporation (PDS) belongs to the “Basic Materials” sector with an industry focus on “Oil & Gas Equipment & Services”, with Mr. Kevin A. Neveu B.Sc, P.Eng as Chief Exec. Officer, Pres and Director.

The company has been one of the biggest innovators in “Oil & Gas Equipment & Services” employing approximately 4960 full time employees.

Key Statistics:

  • The stock subtracted in the prior trading session by -3.52%, closing at the stock price of $2.74.
  • Currently, the market capitalization of Precision Drilling Corporation (PDS) is 781.33 Million.
  • PDS has a 1-year high price of $ 6.25 and 1-year low price of $2.38.
  • The number of shares currently held by investors is 293.24 Million.
  • The number of shares traded in the last trading session was 2.95 Million.

Financials:

The company reported an impressive total revenue of 951.41 Million in the last fiscal year.

If you look at the company’s income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, PDS earned gross profit of 944.71 Million, in 2015 631.28 Million gross profit, while in 2016 Precision Drilling Corporation (PDS) produced 344.12 Million profit.

Currently the shares of Precision Drilling Corporation (PDS) has a trading volume of 2.95 Million shares, with an average trading volume of 4200 shares – with shares dropping to a 52 week low of $2.38, and the company’s shares hitting a 52 week high of $ 6.25.

Looking at the current price of the stock and the 52 week high and low, it suggests that the stock is likely to go Up in the future.

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Precision Drilling Corporation the EPS stands at -0.1 for the previous quarter, while the analysts predicted the EPS of the stock to be -0.16, suggesting the stock exceeded the analysts’ expectations.

Another critical number in evaluating a stock is P/E or the price to earnings ratio.

 

The TTM operating margin is -12.5%. The return on invested capital at -0.1%, which is good, compared to its peers.

The Free Cash Flow or FCF margin is 0%, which means that the business has healthy reserve funds for contingencies that may arise.

Stock is currently moving with a negative distance from the 200 day simple moving average of approximately -36.07%, and has a poor year to date (YTD) performance of -49.72% which means the stock is constantly subtracting to its value from the previous fiscal year end price.

The stock diminished about -11.12% in the past 5 years, this negative value indicates that the stock constantly going down in previous years as well.

Future Expectations:

The target price for Precision Drilling Corporation (PDS) is $4.57/share according to the consensus of analysts working on the stock, with an expected EPS of $-0.09/share for the current quarter.

The company’s expected revenue in the current quarter to be 271.65 Million, seeing a projected current quarter growth of 30.8%, and per annum growth estimates over the next 5 year period of around -23.64%.