Precision Drilling Corporation (PDS) Upgraded at ValuEngine

18 analysts on average are expecting Precision Drilling Corporation to report earnings of $-0.09 per share for the current quarter. Morgan Stanley downgraded Precision Drilling Corporation from an "overweight" rating to an "equal weight" rating and cut their target price for the company from $9.00 to $4.50 in a research note on Wednesday, June 21st. The stock last traded at $2.85 a bit higher than the 50 day moving average which is $2.79 and significantly below the 200 day moving average of $3.45. Cowen and Company reaffirmed a buy rating and set a $5.00 price objective on shares of Precision Drilling Corporation in a research note on Tuesday, July 11th. Precision Drilling Corporation had 40 analyst reports since July 21, 2015 according to SRatingsIntel. TD Securities reiterated a "buy" recommendation and given a C$6.00 target price on stock of Precision Drilling in a note on Tue, Sep 12th. Precision Drilling Corp (NYSE:PDS) has a market capitalization of $860.22 Million and most recently 301.83 Million outstanding shares have been calculated. Lastly, CIBC lifted the price target on Precision Drilling from C$8.00 to C$11.00 in a note on Thurs, Jul 20th. A total of 2.11 million shares exchanged at hands and its average trading volume is standing at 3.16 million shares. Precision Drilling Corporation has $11.50 highest and $3 lowest target. RBC Capital Markets maintained Precision Drilling Corporation (TSE:PD) on Friday, February 10 with "Outperform" rating. During the same period in the previous year, the business earned ($0.20) earnings per share. Comparatively, Precision Drilling Corporation posted earnings of $-0.09 per share in the same quarter past year.

Total debt to equity ratio of Precision Drilling Corp (NYSE:PDS) for most recent quarter is 0.97 whereas long term debt to equity ratio for most recent quarter is 0.97. Analusts presently have a solid "Outperform" rating on the stock.

The company is expected to report earnings of $-0.11 a share for the next quarter. The company had Year Ago Sales of 163.62 Million. Precision Drilling Corporation (TSE:PD) has 0.00% since October 7, 2016 and is. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company.

ILLEGAL ACTIVITY WARNING: This news story was reported by Marea Informative and is the property of of Marea Informative. If you are reading this news story on another domain, it was illegally stolen and republished in violation of USA & worldwide copyright legislation.

The following firms have recently changed their position in PDS. Verition Fund Management LLC bought a new stake in shares of Precision Drilling Corporation in the second quarter valued at about $158,000. Quantbot Technologies LP acquired a new position in Precision Drilling Corporation in the first quarter valued at about $102,000.

Stoneridge, Inc. has a consensus hold rating from 3 Wall Street analysts, and the number of shares now sold short amount to at least 1.16% of shares outstanding. Scotia Capital Inc. added to its holdings by buying 417,523 shares an increase of 326.1%. Pacad Investment Ltd. grew its stake in Precision Drilling Corporation by 81.2% in the second quarter. It represents the number of a stock's shares that are being shorted by investors. The company was maintained on Wednesday, August 19 by IBC.

Precision Drilling Corporation shares decreased -10.79 percent over the past week and rose 8.08 percent over the previous month. Institutional investors own 61.43% of the company's stock. The Average True Range, a measure of volatility is at 0.13, however its weekly and monthly volatility is 3.89%, 4.67% respectively.

Precision Drilling Corporation (Precision) is an oilfield services company. The Completion and Production Services segment provides completion and workover services and ancillary services to oil and natural gas exploration and production companies in Canada and the United States.

Like this



07 October 2017
Ricciardo edges Verstappen but Red Bull are off the pace in Japan
He added: "I still don't know why the last few years we've had slow starts and then found a way to come back". When asked if he had expected to be closer to the pace, Ricciardo said: "Yeah.

07 October 2017
Manchester United 'can sign Napoli top scorer Dries Mertens for €28 million'
Jose Mourinho's men have been in fantastic form this season and now sit joint-top of the Premier League with Manchester City. Napoli have won each of their seven games in the league this season.

07 October 2017
Cambodian govt moves to dissolve opposition party
He could face up to 30 years in prison. "The CNRP, besides colluding secretly with foreigners. also intends to serve foreigners", the lawsuit said.

07 October 2017
How Insiders and Institutions are Trading Caesars Entertainment Corporation (CZR)
Looking further, the MF Rank (aka the Magic Formula) is a formula that pinpoints a valuable company trading at a good price. Capital Research Global Investors increased its stake in Caesars Entertainment Corporation by 61.1% in the second quarter.

07 October 2017
2 killed, 6 others injured in Fort Jackson formation accident
Two soldiers were killed and six injured in an accident with a military vehicle Friday afternoon at Fort Jackson in Columbia. Ethan Shrader, from Prospect, TN., and Pvt. "We are continuing to support everyone affected by this tragic event", U.S.

07 October 2017
MGM Resorts shares downgraded in wake of Las Vegas massacre
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link . Following the completion of the transaction, the insider now owns 185,558 shares of the company's stock, valued at $5,754,153.58.

07 October 2017
Should You Sell Sterling Bancorp Based On Current Broker Views?
News stories about Sterling Bancorp (NYSE:STL) have trended somewhat positive on Thursday, Accern Sentiment reports. The average volume for Sterling Bancorp (NYSE:STL) has been 1.89 million shares per day over the past 30 days.

07 October 2017
Boardwalk Pipeline Partners LP (NYSE:BWP) Under Analyst Spotlight
It worsened, as 72 investors sold MDT shares while 449 reduced holdings. 129 funds opened positions while 457 raised stakes. The latest exchange of 0.57 Million shares is below its average trading activity of 606.64 Million shares.

07 October 2017
Twenty-First Century Fox, Inc. (NASDAQ:FOXA) Stock Ticks 2.31%
TheStreet upgraded shares of Twenty-First Century Fox from a "c+" rating to a "b-" rating in a report on Friday, August 4th. Whereas, in last 21 trading days (one month) was surged 1.97% and plunged in last 63 trading days (quarter) of -3.41%.

07 October 2017
Seán Maguire describes Ireland debut as best feeling of his life
A brace from Daryl Murphy secured the three points for Ireland to set up a crucial Group D clash with Wales on Monday night. He's a player I looked up to at a young age, idolised him. "He works hard and scores goals.