Precision Drilling Corporation (PDS)
NYSE: PDS · Real-Time Price · USD
61.34
+2.09 (3.53%)
Nov 4, 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 54.87% from the current stock price of 61.34.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '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 | +54.87% | Jul 15, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $81 → $101 | Buy | Maintains | $81 → $101 | +64.66% | May 6, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $100 → $81 | Buy | Maintains | $100 → $81 | +32.05% | Feb 20, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $118 → $125 | Buy | Maintains | $118 → $125 | +103.78% | Sep 13, 2023 |
| Raymond James | Raymond James | Strong Buy Maintains $110 → $115 | Strong Buy | Maintains | $110 → $115 | +87.48% | Aug 3, 2023 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.3% | 9.2% | 8.4% | ||
| Avg | 4.3% | 3.3% | 1.1% | ||
| Low | -2.5% | -7.3% | -8.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.