Precision Drilling (NYSE:PDS - Get Free Report) TSE: PD released its earnings results on Wednesday. The oil and gas company reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.40 by ($0.64), Zacks reports. Precision Drilling had a net margin of 12.52% and a return on equity of 10.06%.
Precision Drilling Price Performance
NYSE:PDS traded down $1.09 during midday trading on Monday, hitting $54.68. The company had a trading volume of 128,135 shares, compared to its average volume of 76,140. The company has a market capitalization of $753.42 million, a PE ratio of 4.62 and a beta of 1.91. The company has a quick ratio of 1.41, a current ratio of 1.54 and a debt-to-equity ratio of 0.47. Precision Drilling has a 52-week low of $53.31 and a 52-week high of $79.07. The stock's fifty day moving average price is $60.55 and its 200-day moving average price is $63.25.
Wall Street Analysts Forecast Growth
Several analysts have commented on PDS shares. TD Securities lowered shares of Precision Drilling from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 3rd. StockNews.com cut Precision Drilling from a "buy" rating to a "hold" rating in a report on Friday.
Read Our Latest Stock Analysis on PDS
Precision Drilling Company Profile
(
Get Free Report)
Precision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in North America and the Middle East. The company operates through Contract Drilling Services and Completion and Production Services segments.
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