Published: Sat, August 12, 2017
Markets | By Noel Gibbs

The Precision Drilling Corporation (PDS) Earns "Hold" Rating from Piper Jaffray Companies


BMO Capital Markets reiterated an outperform rating and set a C$9.00 price target on shares of Precision Drilling in a research report on Tuesday, April 25th.

Wall Street analysts are predicting that Precision Drilling Corp (NYSE:PDS) will report earnings per share of $-0.08 in their quarterly report. If you are viewing this report on another publication, it was stolen and republished in violation of United States & global copyright and trademark laws. Sell-side analyst recommendations point to a short term price target of $4.5 on the company shares. Raymond James Financial, Inc. upgraded Precision Drilling Corporation from a "market perform" rating to an "outperform" rating in a research report on Wednesday, April 26th. Precision Drilling Corporation presently has a consensus rating of Buy and an average target price of $6.21.

Explosion in Quetta's Pishin Stop area; at least 15 dead, 32 injured
According to provincial Home Minister Sarfaraz Bugti told media the explosion was intense and the death toll could rise further. ISPR confirmed 15 people were martyred including 7 civilians while 25 were injured, including 15 civilians.


On the other hand Precision Drilling Corp (NYSE:PDS) has Relative Strength Index (RSI 14) of 42.19 along with Average True Range (ATR 14) of 0.15. Precision Drilling Corporation had 41 analyst reports since July 24, 2015 according to SRatingsIntel. The company has a consensus rating of Buy and an average price target of $6.21.

Precision Drilling (TSE PD) traded up 2.93% during trading on Tuesday, reaching $3.86.

McConnell Stalls Republican Obamacare Fix, Bewilders Trump
But Trump said they should ask the question again if the Senate leader doesn't deliver on the president's leading priorities. If the media and the establishment try to bring Trump down they are in for a rude awakening.


As of the latest earnings report the EPS was $-0.38 and is expected to be $-0.31 for the current year with 293,238,000 shares now outstanding. Systematic Financial Management LP now owns 15,391,797 shares of the oil and gas company's stock valued at $72,649,000 after buying an additional 1,099,574 shares during the period. Company's 50 Day SMA is $3.09 and its 200 SMA is $4.12. The firm had revenue of $275.52 million for the quarter, compared to analyst estimates of $271.33 million. Its book value per share for the most recent quarter is $5.13 while its price to book ratio for the same period is 0.57, as for as the company's cash per share for the most recent quarter is $0.26, however its price to cash per share ratio for the same period is 11.42. Legal & General Group held about 0.16% of Precision Drilling Corporation valued $2,146,000 as of its latest document with the Security and Exchange Commission. The company's market cap is $870.92 million. The business's revenue for the quarter was up 68.0% compared to the same quarter previous year. The correct version of this report can be viewed at https://rinconhillneighbors.org/2017/08/12/precision-drilling-corporation-pds-given-buy-rating-at-jefferies-group-llc-updated.html. Cormark analyst J. Zhang anticipates that the oil and gas company will post earnings per share of ($0.09) for the quarter.

Large investors have recently bought and sold shares of the company. Dalton Greiner Hartman Maher & Co. boosted its stake in Precision Drilling Corporation by 86.7% in the first quarter. Bank of Montreal Can now owns 1,560,334 shares of the oil and gas company's stock worth $7,365,000 after buying an additional 409,616 shares during the last quarter. Finally, Winch Advisory Services LLC increased its position in shares of Precision Drilling Corporation by 70.4% in the first quarter. Princeton Alpha Management LP increased its position in shares of Precision Drilling Corporation by 18.3% in the first quarter. Finally, Comerica Bank increased its stake in shares of Precision Drilling Corporation by 8.2% in the fourth quarter. TD Asset Management Inc. now owns 5,758,616 shares of the oil and gas company's stock valued at $19,646,000 after buying an additional 258,431 shares during the last quarter. 1 investment expert has recommended the share with a sell recommendation, around seven have issued a hold recommendation, nine have published a buy recommendation and two has issued a strong buy recommendation to the share. The Company operates through two segments: Contract Drilling Services, and Completion and Production Services.

Jamie Carragher and Jamie Redknapp get into argument over Virgil van Dijk
What have they done? "If you're Van Dijk's agent you've got another 20 grand a week on his contract after watching that". Watch Wooly, Stephen Hunt, Joe Canning, Shay Given, Jason McAteer, Niall Quinn and Dion Fanning on SportsJOE Live .


Like this: