Precision Drilling Stock Target Price
| PD Stock | CAD 95.78 1.10 1.16% |
Precision Drilling fundamentals help investors to digest information that contributes to Precision Drilling's financial success or failures. It also enables traders to predict the movement of Precision Stock. The fundamental analysis module provides a way to measure Precision Drilling's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Precision Drilling stock.
Precision | Target Price |
Precision Target Price Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Precision Drilling's direct or indirect competition against its Target Price to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Precision Drilling could also be used in its relative valuation, which is a method of valuing Precision Drilling by comparing valuation metrics of similar companies.Precision Drilling is currently under evaluation in target price category among related companies.
Precision Drilling Current Valuation Drivers
We derive many important indicators used in calculating different scores of Precision Drilling from analyzing Precision Drilling's financial statements. These drivers represent accounts that assess Precision Drilling's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Precision Drilling's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 695.7M | 526.3M | 595.0M | 1.4B | 989.7M | 940.3M | |
| Enterprise Value | 2.3B | 1.9B | 1.7B | 2.5B | 2.9B | 2.8B |
Precision Fundamentals
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0524 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 2.35 B | ||||
| Shares Outstanding | 14.48 M | ||||
| Shares Owned By Insiders | 2.00 % | ||||
| Shares Owned By Institutions | 58.10 % | ||||
| Number Of Shares Shorted | 365.15 K | ||||
| Price To Earning | (7.36) X | ||||
| Price To Book | 0.89 X | ||||
| Price To Sales | 0.73 X | ||||
| Revenue | 1.94 B | ||||
| Gross Profit | 492.59 M | ||||
| EBITDA | 539.28 M | ||||
| Net Income | 289.24 M | ||||
| Cash And Equivalents | 80.58 M | ||||
| Cash Per Share | 0.27 X | ||||
| Total Debt | 2.85 M | ||||
| Debt To Equity | 102.00 % | ||||
| Current Ratio | 1.83 X | ||||
| Book Value Per Share | 112.95 X | ||||
| Cash Flow From Operations | 489.4 M | ||||
| Short Ratio | 4.17 X | ||||
| Earnings Per Share | 16.49 X | ||||
| Price To Earnings To Growth | 0.33 X | ||||
| Target Price | 124.56 | ||||
| Number Of Employees | 5 K | ||||
| Beta | 2.92 | ||||
| Market Capitalization | 1.37 B | ||||
| Total Asset | 3.02 B | ||||
| Retained Earnings | (1.01 B) | ||||
| Working Capital | 145.24 M | ||||
| Net Asset | 3.02 B |
About Precision Drilling Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Precision Drilling's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Precision Drilling using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Precision Drilling based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Precision Drilling using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Precision Drilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Precision Stock, please use our How to Invest in Precision Drilling guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Precision Stock analysis
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.
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |