PDS:NYE-Precision Drilling Corporation (USD)

EQUITY | Oil & Gas Drilling | New York Stock Exchange

Last Closing

USD 65.54

Change

-1.14 (-1.71)%

Market Cap

USD 1.45B

Volume

0.04M

Analyst Target

USD 4.44
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Precision Drilling Corp is a provider of oil & natural gas drilling & related services & products. It specialized in providing onshore drilling services in conventional & unconventional oil & natural gas basins in Canada and United States.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-06-14 )

Largest Industry Peers for Oil & Gas Drilling

Symbol Name Price(Change) Market Cap
NE Noble Corporation plc

-0.08 (-0.18%)

USD 6.37B
RIG Transocean Ltd

-0.02 (-0.39%)

USD 4.59B
SDRL Seadrill Limited

-0.36 (-0.74%)

USD 3.40B
HP Helmerich and Payne Inc

+0.14 (+0.41%)

USD 3.37B
BORR Borr Drilling Ltd

-0.14 (-2.20%)

USD 1.74B
DO Diamond Offshore Drilling Inc

+0.15 (+0.99%)

USD 1.57B
NBR Nabors Industries Ltd

+0.46 (+0.69%)

USD 0.64B
ICD Independence Contract Drilling..

-0.10 (-7.09%)

USD 0.02B

ETFs Containing PDS

N/A

Market Performance

  Market Performance vs. Industry/Classification (Oil & Gas Drilling) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 20.72% 100% F 92% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 20.72% 100% F 91% A-
Trailing 12 Months  
Capital Gain 39.27% 100% F 92% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 39.27% 100% F 91% A-
Trailing 5 Years  
Capital Gain 98.61% 63% D 86% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 98.61% 63% D 84% B
Average Annual (5 Year Horizon)  
Capital Gain 60.34% 56% F 96% N/A
Dividend Return 60.34% 56% F 96% N/A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 98.19% 78% C+ 7% C-
Risk Adjusted Return 61.46% 89% A- 82% B
Market Capitalization 1.45B 33% F 56% F

Key Financial Ratios

  Ratio vs. Industry/Classification (Oil & Gas Drilling) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 6.20 100% 88%
Price/Book Ratio 0.89 78% 77%
Price / Cash Flow Ratio 2.16 67% 75%
Price/Free Cash Flow Ratio 2.66 100% 71%
Management Effectiveness  
Return on Equity 15.46% 100% 74%
Return on Invested Capital 13.61% 100% 76%
Return on Assets 5.24% 56% 74%
Debt to Equity Ratio 58.06% 67% 56%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.