Precision Drilling Corporation (PDS)
NYSE: PDS · Real-Time Price · USD
56.58
+0.72 (1.29%)
Dec 20, 2024, 4:00 PM EST - Market closed
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 67.90% from the current stock price of 56.58.
Analyst Consensus: Buy
* 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $101 → $95 | Buy | Maintains | $101 → $95 | +67.90% | Jul 15, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $81 → $101 | Buy | Maintains | $81 → $101 | +78.51% | May 6, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $100 → $81 | Buy | Maintains | $100 → $81 | +43.16% | Feb 20, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $118 → $125 | Buy | Maintains | $118 → $125 | +120.93% | Sep 13, 2023 |
| Raymond James | Raymond James | Strong Buy Maintains $110 → $115 | Strong Buy | Maintains | $110 → $115 | +103.25% | Aug 3, 2023 |
Financial Forecast
Revenue This Year
1.99B
from 1.94B
Increased by 2.90%
Revenue Next Year
2.05B
from 1.99B
Increased by 3.01%
EPS This Year
9.43
from 19.53
Decreased by -51.70%
EPS Next Year
10.69
from 9.43
Increased by 13.36%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.1B | 2.2B | 2.2B | ||
| Avg | 2.0B | 2.1B | 2.1B | ||
| Low | 1.9B | 1.9B | 1.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.1% | 10.8% | 5.6% | ||
| Avg | 2.9% | 3.0% | 1.1% | ||
| Low | -3.1% | -5.8% | -8.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.18 | 18.01 | 20.42 | ||
| Avg | 9.43 | 10.69 | 12.02 | ||
| Low | 8.43 | 6.62 | 7.01 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -42.7% | 91.0% | 91.0% | ||
| Avg | -51.7% | 13.4% | 12.4% | ||
| Low | -56.8% | -29.9% | -34.5% |
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.