Precision Drilling Corporation (PDS)
NYSE: PDS · Real-Time Price · USD
66.81
+1.67 (2.56%)
Nov 21, 2024, 10:57 AM EST - Market open

Precision Drilling Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Precision Drilling stock has a target of 95, which predicts an increase of 42.19% from the current stock price of 66.81.

Analyst Consensus: Buy
Target Low Average Median High
Price $95 $95 $95 $95
Change +42.19% +42.19% +42.19% +42.19%
* Price targets were last updated on Jul 15, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for PDS is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 111110
Buy 222221
Hold 000000
Sell 000000
Strong Sell 000000
Total 333331

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Maintains
$101$95
Buy Maintains $101$95 +42.19% Jul 15, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$81$101
Buy Maintains $81$101 +51.17% May 6, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$100$81
Buy Maintains $100$81 +21.24% Feb 20, 2024
RBC Capital
RBC Capital
Buy
Maintains
$118$125
Buy Maintains $118$125 +87.10% Sep 13, 2023
Raymond James
Raymond James
Strong Buy
Maintains
$110$115
Strong Buy Maintains $110$115 +72.13% Aug 3, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
2.02B
from 1.94B
Increased by 4.34%
Revenue Next Year
2.09B
from 2.02B
Increased by 3.31%
EPS This Year
9.44
from 19.53
Decreased by -51.63%
EPS Next Year
10.75
from 9.44
Increased by 13.88%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
1.54B935.75M986.85M1.62B1.94B2.02B2.09B2.11B
Revenue Growth
0.01%-39.29%5.46%63.87%19.83%4.34%3.31%1.10%
EPS
0.45-8.76-13.32-2.5319.539.4410.7512.02
EPS Growth
------51.63%13.88%11.75%
Forward PE
-----9.878.677.75
No. Analysts -----121211
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 2.1B 2.2B 2.3B
Avg 2.0B 2.1B 2.1B
Low 1.9B 1.9B 1.9B

Revenue Growth

Revenue Growth 20242025202620272028
High
8.3%
9.2%
8.4%
Avg
4.3%
3.3%
1.1%
Low
-2.5%
-7.3%
-8.8%

EPS Forecast

EPS 20242025202620272028
High 11.18 18.01 20.42
Avg 9.44 10.75 12.02
Low 8.28 6.62 7.01

EPS Growth

EPS Growth 20242025202620272028
High
-42.7%
90.7%
89.9%
Avg
-51.6%
13.9%
11.7%
Low
-57.6%
-30.0%
-34.8%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.