PDS underperformed by 49.19% the S&P 500. For the current quarter Precision Drilling Corp (NYSE:PDS) has high EPS estimates of $-0.02 in contradiction of low EPS estimates of $-0.07.
Wall Street brokerages expect Precision Drilling (NYSE:PDS) (TSE:PD) to report $309.04 million in sales for the current quarter, according to Zacks. The Stock has market cap of $923.2M and relative volume of 0.58.
Precision Drilling Corporation (Precision) is an oilfield services company. Mackenzie Financial Corp increased its holdings in Precision Drilling by 12.6% during the 4th quarter. Earnings surprises can have a huge impact on a company's stock price. ValuEngine cut Precision Drilling from a "sell" rating to a "strong sell" rating in a research note on Friday, February 2nd. They study the diverse factor and after that study issue different rating to concerning stock whether it is time to sell or buy or even hold the stock.More news: Trump's Lawyer May Have Stored 'Gold Mine' Of Recorded Conversations
Precision Drilling Corporation (PDS) opened the session with a $3.08 price tag, later ranging from $3 to $3.177, the range at which the stock has traded at throughout the day. During the same quarter in the prior year, the business posted ($0.10) EPS. Raymond James Financial lifted their price objective on shares of Precision Drilling from C$5.50 to C$5.75 and gave the stock a "strong-buy" rating in a research report on Tuesday, February 13th. On Friday, October 27 the rating was maintained by Piper Jaffray with "Buy". The company presently has a consensus rating of "Buy" and a consensus target price of C$5.53. Letko Brosseau & Associates Inc. now owns 14,120,425 shares of the oil and gas company's stock valued at $42,938,000 after purchasing an additional 680,600 shares in the last quarter. Precision Drilling had a negative return on equity of 10.28% and a negative net margin of 13.54%. On Wednesday, October 18 the firm has "Buy" rating by Cowen & Co given. Finally, Cubist Systematic Strategies LLC raised its position in Precision Drilling by 125.9% during the third quarter. Hedge funds and other institutional investors own 45.77% of the company's stock. The stock stands almost $2.01 off versus the 52-week high of $5.09 and $0.82 above the 52-week low of $2.26. The stock was bought at an average cost of C$3.55 per share, for a total transaction of C$177,500.00. The company has a current ratio of 2.11, a quick ratio of 1.99 and a debt-to-equity ratio of 0.96.
WARNING: "Renaissance Technologies LLC Sells 471,929 Shares of Precision Drilling (PDS)" was originally reported by Enterprise Leader and is owned by of Enterprise Leader. If you are accessing this article on another domain, it was illegally copied and republished in violation of worldwide trademark & copyright law. The firm operates in two divisions, Contract Drilling Services, and Completion and Production Services.Last it reported negative earnings.
Precision Drilling Corporation (Precision) provides contract drilling, and completion and production services primarily to oil and natural gas exploration and production companies in Canada, the United States and certain global locations. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil and natural gas industry.