Precision Drilling Corporation (PDS)
NYSE: PDS · IEX Real-Time Price · USD
67.29
+0.36 (0.54%)
Mar 28, 2024, 4:00 PM EDT - Market closed
Precision Drilling Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Precision Drilling stock have an average target of 107, with a low estimate of 81 and a high estimate of 125. The average target predicts an increase of 59.01% from the current stock price of 67.29.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 20, 2024.
Analyst Ratings
The average analyst rating for PDS stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Hold | 1 | 1 | 1 | 1 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 4 | 4 | 4 | 4 | 3 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Piper Sandler | Piper Sandler | Buy Maintains $100 → $81 | Buy | Maintains | $100 → $81 | +20.37% | Feb 20, 2024 |
RBC Capital | RBC Capital | Buy Maintains $118 → $125 | Buy | Maintains | $118 → $125 | +85.76% | Sep 13, 2023 |
Raymond James | Raymond James | Strong Buy Maintains $110 → $115 | Strong Buy | Maintains | $110 → $115 | +70.90% | Aug 3, 2023 |
Piper Sandler | Piper Sandler | Buy Maintains $90 → $107 | Buy | Maintains | $90 → $107 | +59.01% | Jul 31, 2023 |
RBC Capital | RBC Capital | Buy Maintains $100 → $118 | Buy | Maintains | $100 → $118 | +75.36% | Jul 30, 2023 |
Financial Forecast
Revenue This Year
2.08B
from 1.94B
Increased by 7.44%
Revenue Next Year
2.19B
from 2.08B
Increased by 5.00%
EPS This Year
10.52
from 19.53
Decreased by -46.15%
EPS Next Year
14.36
from 10.52
Increased by 36.58%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 2.2B | 2.3B | 2.4B |
Avg | 2.1B | 2.2B | 2.1B |
Low | 1.9B | 1.9B | 1.9B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 14.8% | 12.8% | 7.9% |
Avg | 7.4% | 5.0% | -1.7% |
Low | -3.3% | -6.7% | -13.6% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 14.67 | 17.40 | 20.78 |
Avg | 10.52 | 14.36 | 17.86 |
Low | 6.13 | 9.10 | 14.59 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | -24.9% | 65.4% | 44.7% |
Avg | -46.1% | 36.6% | 24.3% |
Low | -68.6% | -13.4% | 1.6% |
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.