Precision Drilling Stock Analysis
| PD Stock | CAD 87.76 0.15 0.17% |
Precision Drilling is fairly valued with Real Value of 85.19 and Hype Value of 87.76. The main objective of Precision Drilling stock analysis is to determine its intrinsic value, which is an estimate of what Precision Drilling is worth, separate from its market price. There are two main types of Precision Drilling's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Precision Drilling's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Precision Drilling's stock to identify patterns and trends that may indicate its future price movements.
The Precision Drilling stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Precision Drilling is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Precision Stock trading window is adjusted to America/Toronto timezone.
Precision |
Precision Stock Analysis Notes
About 57.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.75. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Precision Drilling has Price/Earnings To Growth (PEG) ratio of 0.33. The entity recorded earning per share (EPS) of 16.42. The firm last dividend was issued on the 4th of November 2015. Precision Drilling had 1:20 split on the 12th of November 2020. Precision Drilling Corporation, an oilfield services company, provides oil and natural gas drilling and related services and products. Precision Drilling Corporation was founded in 1951 and is headquartered in Calgary, Canada. PRECISION DRILLING operates under Oil Gas Drilling classification in Canada and is traded on Toronto Stock Exchange. It employs 5471 people. To find out more about Precision Drilling contact BSc BSc at 403 716 4500 or learn more at https://www.precisiondrilling.com.Precision Drilling Quarterly Total Revenue |
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Precision Drilling Investment Alerts
| Precision Drilling generated a negative expected return over the last 90 days | |
| Precision Drilling has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 57.0% of the company shares are owned by institutional investors |
Precision Largest EPS Surprises
Earnings surprises can significantly impact Precision Drilling's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
1997-06-26 | 1997-03-31 | 0.19 | 0.21 | 0.02 | 10 | ||
1997-03-18 | 1996-12-31 | 0.2 | 0.18 | -0.02 | 10 | ||
1999-01-04 | 1998-12-31 | 0.15 | 0.11 | -0.04 | 26 |
Precision Drilling Thematic Classifications
In addition to having Precision Drilling stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Oil And GasOil And Gas drilling, production, pipelines, and equipment |
Precision Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.23 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Precision Drilling's market, we take the total number of its shares issued and multiply it by Precision Drilling's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Precision Profitablity
Precision Drilling's profitability indicators refer to fundamental financial ratios that showcase Precision Drilling's ability to generate income relative to its revenue or operating costs. If, let's say, Precision Drilling is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Precision Drilling's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Precision Drilling's profitability requires more research than a typical breakdown of Precision Drilling's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.13 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.14 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.14. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.10 | 0.09 | |
| Return On Capital Employed | 0.23 | 0.24 | |
| Return On Assets | 0.10 | 0.08 | |
| Return On Equity | 0.18 | 0.12 |
Management Efficiency
Precision Drilling has return on total asset (ROA) of 0.054 % which means that it generated a profit of $0.054 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1597 %, meaning that it generated $0.1597 on every $100 dollars invested by stockholders. Precision Drilling's management efficiency ratios could be used to measure how well Precision Drilling manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Capital Employed is likely to grow to 0.24, while Return On Tangible Assets are likely to drop 0.09. At this time, Precision Drilling's Total Assets are very stable compared to the past year. As of the 29th of November 2024, Non Currrent Assets Other is likely to grow to about 318.1 M, while Non Current Assets Total are likely to drop about 2.8 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 114.56 | 107.69 | |
| Tangible Book Value Per Share | 113.30 | 83.66 | |
| Enterprise Value Over EBITDA | 2.93 | 2.78 | |
| Price Book Value Ratio | 0.63 | 0.60 | |
| Enterprise Value Multiple | 2.93 | 2.78 | |
| Price Fair Value | 0.63 | 0.60 | |
| Enterprise Value | 2.9 B | 2.8 B |
Understanding the operational decisions made by Precision Drilling management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Operating Margin 0.1412 | Profit Margin 0.1253 | Beta 2.748 | Return On Assets 0.054 | Return On Equity 0.1597 |
Technical Drivers
As of the 29th of November, Precision Drilling holds the Variance of 5.17, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,772). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Precision Drilling, as well as the relationship between them.Precision Drilling Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Precision Drilling middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Precision Drilling. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Precision Drilling Outstanding Bonds
Precision Drilling issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Precision Drilling uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Precision bonds can be classified according to their maturity, which is the date when Precision Drilling has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Precision Drilling Predictive Daily Indicators
Precision Drilling intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Precision Drilling stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Precision Drilling Forecast Models
Precision Drilling's time-series forecasting models are one of many Precision Drilling's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Precision Drilling's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Precision Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Precision Drilling prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Precision shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Precision Drilling. By using and applying Precision Stock analysis, traders can create a robust methodology for identifying Precision entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.14 | 0.08 | |
| Operating Profit Margin | 0.32 | 0.33 | |
| Net Profit Margin | 0.15 | 0.10 | |
| Gross Profit Margin | 0.38 | 0.31 |
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Precision Drilling to your portfolios without increasing risk or reducing expected return.Did you try this?
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Balance Of PowerCheck stock momentum by analyzing Balance Of Power indicator and other technical ratios |
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