Precision Drilling (PDS) Projected to Post Earnings on Wednesday

Precision Drilling (NYSE:PDS) (TSE:PD) is expected to announce its Q1 2025 earnings results after the market closes on Wednesday, April 23rd. Analysts expect Precision Drilling to post earnings of $1.54 per share and revenue of $508.06 million for the quarter.

Precision Drilling (NYSE:PDS) (TSE:PD) last issued its quarterly earnings data on Wednesday, February 12th. The oil and gas company reported $0.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.40 by ($0.64). Precision Drilling had a return on equity of 6.72% and a net margin of 5.87%. On average, analysts expect Precision Drilling to post $7 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Precision Drilling Price Performance

Shares of NYSE:PDS opened at $42.15 on Tuesday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.48 and a quick ratio of 1.35. The stock has a market capitalization of $563.59 million, a P/E ratio of 7.83 and a beta of 1.53. The business has a 50-day moving average of $46.31 and a two-hundred day moving average of $56.08. Precision Drilling has a fifty-two week low of $36.20 and a fifty-two week high of $79.07.

Analysts Set New Price Targets

PDS has been the topic of a number of research analyst reports. Raymond James lowered Precision Drilling from a “strong-buy” rating to an “outperform” rating in a report on Wednesday, April 9th. StockNews.com lowered shares of Precision Drilling from a “buy” rating to a “hold” rating in a research report on Monday, March 24th. Finally, TD Securities lowered shares of Precision Drilling from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 3rd.

Precision Drilling Company Profile

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. The company operates through Contract Drilling Services and Completion and Production Services segments.