Currently, Precision Drilling Corp [PDS] is trading at $50.53, down -0.57%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PDS shares have gain 7.49% over the last week, with a monthly amount glided 7.51%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Precision Drilling Corp [NYSE: PDS] stock has seen the most recent analyst activity on April 09, 2025, when Raymond James downgraded its rating to a Outperform. On November 21, 2023, downgrade downgraded it’s rating to Sector Perform. The Benchmark Company initiated its recommendation with a Hold. CIBC upgraded its rating to Sector Outperform for this stock on January 17, 2023. In a note dated December 21, 2021, Piper Sandler upgraded an Overweight rating on this stock and boosted its target price from $55 to $57.
This stock has fluctuated between a low of $36.20 and a high of $79.07 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $71.33 within the next 12 months. Precision Drilling Corp [NYSE: PDS] shares were valued at $50.53 at the most recent close of the market. An investor can expect a potential return of 41.16% based on the average PDS price forecast.
Analyzing the PDS fundamentals
Trailing Twelve Months sales for Precision Drilling Corp [NYSE:PDS] were 1.34B which represents -11.61% decline. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.07 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.51.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 50.12 points at the first support level, and at 49.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 51.22, and for the 2nd resistance point, it is at 51.92.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Precision Drilling Corp [NYSE:PDS] is 0.91. Further, the Quick Ratio stands at 0.82, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 0.51, the price to book ratio is 0.58 and price to earnings (TTM) ratio is 9.30.
Transactions by insiders
Recent insider trading involved DAVID W. WILLIAMS, Director, that happened on Aug 26 ’24 when 3500.0 shares were purchased.
