Precision Drilling Net Worth

Precision Drilling Net Worth Analysis

Precision Drilling Target Price Consensus

Precision Drilling Target Price Projection

Precision Drilling's current and average target prices are 51.15 and 91.07, respectively. The current price of Precision Drilling is the price at which Precision Drilling is currently trading. On the other hand, Precision Drilling's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Precision Drilling and the information provided on this page.

Know Precision Drilling's Top 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.

Follow Precision Drilling's market capitalization trends

The company currently falls under 'Small-Cap' category with a total capitalization of 691.71 M.

Project Precision Drilling's 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.

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Competition View

Evaluate Precision Drilling's 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.

Precision Drilling Corporate Filings

Precision Drilling time-series forecasting models is one of many Precision Drilling's stock analysis techniques aimed to predict 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.

Precision Drilling Earnings Estimation Breakdown

The calculation of Precision Drilling's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Precision Drilling is estimated to be 0.165 with the future projection ranging from a low of 0.09 to a high of 0.1. Please be aware that this consensus of annual earnings estimates for Precision Drilling is based on EPS before non-recurring items and includes expenses related to employee stock options.

Precision Drilling Earnings Projection Consensus

Precision Drilling Earnings per Share Projection vs Actual

Actual Earning per Share of Precision Drilling refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Precision Drilling predict the company's earnings will be in the future. The higher the earnings per share of Precision Drilling, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Precision Drilling Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Precision Drilling, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Precision Drilling should always be considered in relation to other companies to make a more educated investment decision.

Precision Quarterly Analyst Estimates and Surprise Metrics

Precision Drilling Corporate Directors

Additional Tools for Precision Stock Analysis