Precision Drilling Co. (TSE:PD - Get Free Report) NYSE: PDS Senior Officer Veronica H. Foley sold 5,335 shares of the business's stock in a transaction on Monday, August 26th. The stock was sold at an average price of C$99.49, for a total transaction of C$530,779.18.
Precision Drilling Price Performance
Precision Drilling Co. has a 12-month low of C$67.46 and a 12-month high of C$109.20. The company has a market capitalization of C$1.41 billion, a PE ratio of 6.18, a P/E/G ratio of -3.24 and a beta of 2.81. The company has a quick ratio of 1.36, a current ratio of 1.51 and a debt-to-equity ratio of 56.37. The stock's 50-day moving average is C$97.09 and its 200 day moving average is C$93.87.
Precision Drilling (TSE:PD - Get Free Report) NYSE: PDS last issued its quarterly earnings results on Tuesday, July 30th. The company reported C$1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of C($0.85) by C$2.29. Precision Drilling had a return on equity of 15.01% and a net margin of 11.71%. The company had revenue of C$429.21 million for the quarter, compared to the consensus estimate of C$423.50 million. Sell-side analysts anticipate that Precision Drilling Co. will post 10.3995749 earnings per share for the current year.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on the company. Royal Bank of Canada boosted their price objective on Precision Drilling from C$122.00 to C$125.00 and gave the stock an "outperform" rating in a research report on Thursday, August 1st. CIBC lifted their price target on shares of Precision Drilling from C$130.00 to C$140.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 31st. BMO Capital Markets boosted their price objective on Precision Drilling from C$135.00 to C$140.00 and gave the stock an "outperform" rating in a report on Wednesday, July 31st. Raymond James raised their target price on shares of Precision Drilling from C$136.00 to C$143.00 and gave the stock a "strong-buy" rating in a report on Thursday, August 1st. Finally, TD Securities boosted their price target on shares of Precision Drilling from C$115.00 to C$140.00 and gave the company a "buy" rating in a report on Thursday, August 1st. Eight analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of C$131.00.
View Our Latest Report on Precision Drilling
About Precision Drilling
(
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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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