Precision Drilling Corporation (PDS)
NYSE: PDS · Real-Time Price · USD
66.44
+1.30 (2.00%)
Nov 21, 2024, 11:44 AM EST - Market open

Precision Drilling Statistics

Total Valuation

PDS has a market cap or net worth of $914.64 million. The enterprise value is $1.52 billion.

Market Cap 914.64M
Enterprise Value 1.52B

Important Dates

The last earnings date was Tuesday, October 29, 2024, after market close.

Earnings Date Oct 29, 2024
Ex-Dividend Date n/a

Share Statistics

PDS has 14.07 million shares outstanding. The number of shares has increased by 2.43% in one year.

Current Share Class 14.07M
Shares Outstanding 14.07M
Shares Change (YoY) +2.43%
Shares Change (QoQ) +3.44%
Owned by Insiders (%) n/a
Owned by Institutions (%) n/a
Float 13.60M

Valuation Ratios

The trailing PE ratio is 5.37 and the forward PE ratio is 10.51.

PE Ratio 5.37
Forward PE 10.51
PS Ratio n/a
Forward PS 0.43
PB Ratio n/a
P/TBV Ratio 0.75
P/FCF Ratio 5.04
P/OCF Ratio 2.52
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.79, with an EV/FCF ratio of 8.36.

EV / Earnings 8.42
EV / Sales 1.05
EV / EBITDA 3.79
EV / EBIT 8.32
EV / FCF 8.36

Financial Position

The company has a current ratio of 1.54, with a Debt / Equity ratio of 0.52.

Current Ratio 1.54
Quick Ratio 1.39
Debt / Equity 0.52
Debt / EBITDA 1.57
Debt / FCF 3.52
Interest Coverage 3.26

Financial Efficiency

Return on equity (ROE) is 15.97% and return on invested capital (ROIC) is 6.23%.

Return on Equity (ROE) 15.97%
Return on Assets (ROA) 5.40%
Return on Capital (ROIC) 6.23%
Revenue Per Employee $287,357
Profits Per Employee $35,993
Employee Count 5,000
Asset Turnover 0.68
Inventory Turnover 32.78

Taxes

Income Tax -23.01M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +9.08% in the last 52 weeks. The beta is 2.75, so PDS's price volatility has been higher than the market average.

Beta (5Y) 2.75
52-Week Price Change +9.08%
50-Day Moving Average 62.45
200-Day Moving Average 67.04
Relative Strength Index (RSI) 58.71
Average Volume (20 Days) 104,029

Short Selling Information

The latest short interest is 184,127, so 1.31% of the outstanding shares have been sold short.

Short Interest 184,127
Short Previous Month 236,214
Short % of Shares Out 1.31%
Short % of Float 1.35%
Short Ratio (days to cover) 1.71

Income Statement

In the last 12 months, PDS had revenue of $1.44 billion and earned $179.96 million in profits. Earnings per share was $12.37.

Revenue 1.44B
Gross Profit 509.37M
Operating Income 182.16M
Pretax Income 135.97M
Net Income 179.96M
EBITDA 399.84M
EBIT 182.16M
Earnings Per Share (EPS) $12.37
Full Income Statement

Balance Sheet

The company has $17.99 million in cash and $637.50 million in debt, giving a net cash position of -$619.51 million or -$44.05 per share.

Cash & Cash Equivalents 17.99M
Total Debt 637.50M
Net Cash -619.51M
Net Cash Per Share -$44.05
Equity (Book Value) 1.23B
Book Value Per Share 87.18
Working Capital 123.23M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $362.37 million and capital expenditures -$174.94 million, giving a free cash flow of $181.33 million.

Operating Cash Flow 362.37M
Capital Expenditures -174.94M
Free Cash Flow 181.33M
FCF Per Share $12.89
Full Cash Flow Statement

Margins

Gross margin is 35.45%, with operating and profit margins of 12.68% and 12.53%.

Gross Margin 35.45%
Operating Margin 12.68%
Pretax Margin 10.92%
Profit Margin 12.53%
EBITDA Margin 27.83%
EBIT Margin 12.68%
FCF Margin 15.68%

Dividends & Yields

PDS does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -2.43%
Shareholder Yield -2.43%
Earnings Yield 19.68%
FCF Yield 19.83%
Dividend Details

Analyst Forecast

The average price target for PDS is $95.00, which is 42.99% higher than the current price. The consensus rating is "Buy".

Price Target $95.00
Price Target Difference 42.99%
Analyst Consensus Buy
Analyst Count 1
Revenue Growth Forecast (5Y) 1.28%
EPS Growth Forecast (5Y) 1.32%
Stock Forecasts

Stock Splits

The last stock split was on November 12, 2020. It was a reverse split with a ratio of 0.05:1.

Last Split Date Nov 12, 2020
Split Type Reverse
Split Ratio 0.05:1

Scores

PDS has an Altman Z-Score of 1.19 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.19
Piotroski F-Score 7