Headlines about Precision Drilling (NYSE:PDS) (TSE:PD) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Precision Drilling earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news articles about the oil and gas company an impact score of 48.691560036111 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
A number of equities analysts recently commented on the stock. Cowen set a $5.00 target price on shares of Precision Drilling and gave the stock a “buy” rating in a research report on Wednesday, October 18th. Zacks Investment Research upgraded shares of Precision Drilling from a “hold” rating to a “buy” rating and set a $3.50 target price on the stock in a research report on Thursday, January 4th. ValuEngine cut shares of Precision Drilling from a “sell” rating to a “strong sell” rating in a research report on Sunday, December 31st. Piper Jaffray Companies set a $4.00 target price on shares of Precision Drilling and gave the stock a “buy” rating in a research report on Sunday, October 29th. Finally, Scotiabank cut shares of Precision Drilling from a “sector perform” rating to an “underperform” rating in a research report on Tuesday, November 7th. Three analysts have rated the stock with a sell rating, five have given a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $4.50.
Precision Drilling (NYSE:PDS) opened at $3.30 on Tuesday. Precision Drilling has a 52-week low of $2.26 and a 52-week high of $5.71. The stock has a market cap of $966.53, a PE ratio of -10.65 and a beta of 1.86. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.22 and a quick ratio of 2.10.
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Precision Drilling Company Profile
Precision Drilling Corporation (Precision) is an oilfield services company. The Company provides onshore drilling and completion and production services to exploration and production companies in the oil and natural gas industry. The Company operates through two segments: Contract Drilling Services, and Completion and Production Services.
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