Precision Drilling Stock Analysis

Precision Stock Analysis Notes

About 61.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.49. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Precision Drilling has Price/Earnings To Growth (PEG) ratio of 0.4. The entity recorded earning per share (EPS) of 5.4. The firm last dividend was issued on the 17th of February 2021. Precision Drilling had 1:20 split on the 20th of July 2021. Precision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in North America and the Middle East. Precision Drilling Corporation was incorporated in 1951 and is headquartered in Calgary, Canada. Precision Drilling operates under Oil Gas Drilling classification in the United States and is traded on New York Stock Exchange. It employs 3350 people. To find out more about Precision Drilling contact BSc BSc at 403 716 4500 or learn more at https://www.precisiondrilling.com.

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Precision Drilling Upcoming and Recent Events

Precision Largest EPS Surprises

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Precision Drilling Environmental, Social, and Governance (ESG) Scores

Precision Drilling Thematic Classifications

Precision Stock Institutional Investors

Note, although Precision Drilling's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Precision Market Capitalization

The company currently falls under 'Small-Cap' category with a total capitalization of 586.75 M.

Precision Profitablity

The company has Net Profit Margin of 0.06 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.13 %, which entails that for every 100 dollars of revenue, it generated $0.13 of operating income.

Management Efficiency

Precision Drilling has Return on Asset of 0.0443 % which means that on every $100 spent on assets, it made $0.0443 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0658 %, implying that it generated $0.0658 on every 100 dollars invested. Precision Drilling's management efficiency ratios could be used to measure how well Precision Drilling manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Precision Drilling's Return On Capital Employed is comparatively stable compared to the past year. Return On Equity is likely to gain to 0.12 in 2025, whereas Return On Tangible Assets are likely to drop 0.04 in 2025. At this time, Precision Drilling's Total Assets are comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 2.8 B in 2025, whereas Other Current Assets are likely to drop slightly above 5.2 M in 2025.

Technical Drivers

As of the 27th of April, Precision Drilling holds the Variance of 12.51, risk adjusted performance of (0.26), and Coefficient Of Variation of (611.89). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Precision Drilling, as well as the relationship between them. Please check Precision Drilling coefficient of variation and maximum drawdown to decide if Precision Drilling is priced some-what accurately, providing market reflects its current price of 43.0 per share. Given that Precision Drilling has information ratio of (0.13), we recommend you to check out Precision Drilling's recent market performance to make sure the company can sustain itself at a future point.

Precision Drilling Price Movement Analysis

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Precision Drilling Corporate Filings

Precision Drilling Forecast Models

Precision Drilling's time-series forecasting models are one of many Precision Drilling's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Precision Drilling's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Precision Drilling prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Precision shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Precision Drilling. By using and applying Precision Stock analysis, traders can create a robust methodology for identifying Precision entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Precision analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Precision analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Precision Drilling stock analysis indicators help investors evaluate how Precision Drilling stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Precision Drilling shares will generate the highest return on investment. By understating and applying Precision Drilling stock analysis, traders can identify Precision Drilling position entry and exit signals to maximize returns.

When running Precision Drilling's price analysis, check to measure Precision Drilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Precision Drilling is operating at the current time. Most of Precision Drilling's value examination focuses on studying past and present price action to predict the probability of Precision Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precision Drilling's price. Additionally, you may evaluate how the addition of Precision Drilling to your portfolios can decrease your overall portfolio volatility.