Parametric Portfolio Associates LLC now owns 53,083 shares of the oil and gas company's stock valued at $251,000 after buying an additional 30,964 shares during the last quarter.
Among 18 analysts covering Precision Drilling Corporation (NYSE:PDS), 10 have Buy rating, 0 Sell and 8 Hold. If you are viewing this report on another publication, it was stolen and republished in violation of United States & worldwide copyright and trademark laws. The legal version of this piece of content can be accessed at https://baseballnewssource.com/markets/precision-drilling-co-pd-price-target-cut-to-c6-00-by-analysts-at-bmo-capital-markets-updated/1339071.html. Citigroup Inc. restated an outperform rating on shares of Precision Drilling Corporation in a report on Wednesday, April 26th.
Precision Drilling Corporation (PDS) opened the session with a $2.95 price tag, later ranging from $2.93 to $3.03, the range at which the stock has traded at throughout the day. Analysts expect that Precision Drilling Corporation will post ($0.32) earnings per share for the current fiscal year. Jefferies reduced their price objective on Precision Drilling Corporation from $6.50 to $6.00 and fixed a "buy" recommendation for The corporation in a study note published on Wed, May 3rd. BidaskClub cut shares of Precision Drilling Corporation from a "sell" rating to a "strong sell" rating in a research note on Wednesday, July 19th. It is now trading at $2.96 marginally under the 50 day moving average of $3.11 and which is just under the 200 day moving average of $4.15.
7/11/2017 - Precision Drilling Corporation had its "buy" rating reaffirmed by analysts at Cowen and Company.
Precision Drilling Corporation (NYSE:PDS) (TSE:PD) last released its quarterly earnings data on Monday, April 24th. The oil and gas company reported ($0.09) earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.07. 1,975,856 shares of the company's stock traded hands. The company has a 50 day moving average of $3.19 and a 200 day moving average of $4.25. Precision Drilling Corporation had a negative return on equity of 7.10% and a negative net margin of 12.38%.
Precision Drilling Corp (NYSE:PDS) has average revenue estimates of $268.36 Million, compared to low analyst estimates of $259.38 Million and high estimates of $274.41 Million for the current quarter. Its book value per share for the most recent quarter is $5.13 while its price to book ratio for the same period is 0.57, as for as the company's cash per share for the most recent quarter is $0.26, however its price to cash per share ratio for the same period is 11.42. The stock stands almost $3.3 off versus the 52-week high of $6.25 and $0.1 above the 52-week low of $2.85. The company's market cap is $870.92 million. However the company reported $-0.13 earnings per share for the same quarter during previous year. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, nine have given a buy rating and two have given a strong buy rating to the company.
Large investors have recently added to or reduced their stakes in the stock. Finally, TD Asset Management Inc. boosted its position in shares of Precision Drilling Corporation by 4.7% in the second quarter. Winch Advisory Services LLC now owns 52,606 shares of the oil and gas company's stock valued at $248,000 after buying an additional 21,736 shares during the last quarter. Finally, Comerica Bank increased its stake in shares of Precision Drilling Corporation by 8.2% in the fourth quarter. Bank of New York Mellon raised its stake in stocks of Precision Drilling Corporation by 2.4% in the Q1.
Consequently Precision Drilling Corp (NYSE:PDS)'s weekly and monthly volatility is 4.25%, 5.13% respectively. The Firm operates through two divisions: Contract Drilling Services, and Completion and Production Services.