Prairiesky Royalty Stock Buy Hold or Sell Recommendation
| PSK Stock | CAD 29.52 0.73 2.41% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding PrairieSky Royalty is 'Cautious Hold'. The recommendation algorithm takes into account all of PrairieSky Royalty's available fundamental, technical, and predictive indicators you will find on this site.
Check out PrairieSky Royalty Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as PrairieSky and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards PrairieSky Royalty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
PrairieSky |
Execute PrairieSky Royalty Buy or Sell Advice
The PrairieSky recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on PrairieSky Royalty. Macroaxis does not own or have any residual interests in PrairieSky Royalty or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute PrairieSky Royalty's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
PrairieSky Royalty Trading Alerts and Improvement Suggestions
| PrairieSky Royalty has accumulated 188.1 M in total debt with debt to equity ratio (D/E) of 0.03, which may suggest the company is not taking enough advantage from borrowing. PrairieSky Royalty has a current ratio of 0.27, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist PrairieSky Royalty until it has trouble settling it off, either with new capital or with free cash flow. So, PrairieSky Royalty's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like PrairieSky Royalty sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PrairieSky to invest in growth at high rates of return. When we think about PrairieSky Royalty's use of debt, we should always consider it together with cash and equity. | |
| About 66.0% of PrairieSky Royalty shares are owned by institutional investors |
PrairieSky Royalty Returns Distribution Density
The distribution of PrairieSky Royalty's historical returns is an attempt to chart the uncertainty of PrairieSky Royalty's future price movements. The chart of the probability distribution of PrairieSky Royalty daily returns describes the distribution of returns around its average expected value. We use PrairieSky Royalty price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of PrairieSky Royalty returns is essential to provide solid investment advice for PrairieSky Royalty.
| Mean Return | 0.15 | Value At Risk | -2.41 | Potential Upside | 1.98 | Standard Deviation | 1.36 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of PrairieSky Royalty historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
PrairieSky Royalty Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Free Cash Flow | 199.7M | 142.9M | (733.6M) | 534.9M | 261M | 274.1M | |
| Depreciation | 123.2M | 104.5M | 101.8M | 145.8M | 141.3M | 125.5M | |
| Other Non Cash Items | 5M | 6.6M | 6.7M | 8.3M | 6.2M | 6.5M | |
| Capital Expenditures | 10M | 9.4M | 985.6M | 30.6M | 57.9M | 55.0M | |
| Net Income | 111.4M | 31.7M | 123.3M | 317.5M | 227.6M | 138.9M | |
| Net Borrowings | 800K | 34.9M | 601.3M | (426.6M) | (490.6M) | (466.1M) | |
| Dividends Paid | (182.2M) | (87.8M) | (62.4M) | (107.6M) | (229.2M) | (217.7M) | |
| Change To Netincome | (20.3M) | 4.1M | 40.5M | 35.9M | 41.3M | 43.3M | |
| Investments | (10M) | (8.6M) | (986.4M) | (30.6M) | (41.9M) | (44.0M) |
PrairieSky Royalty Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to PrairieSky Royalty or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that PrairieSky Royalty's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a PrairieSky stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.27 | |
σ | Overall volatility | 1.36 | |
Ir | Information ratio | 0.01 |
PrairieSky Royalty Volatility Alert
PrairieSky Royalty has relatively low volatility with skewness of -0.37 and kurtosis of -0.21. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure PrairieSky Royalty's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact PrairieSky Royalty's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.PrairieSky Royalty Fundamentals Vs Peers
Comparing PrairieSky Royalty's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze PrairieSky Royalty's direct or indirect competition across all of the common fundamentals between PrairieSky Royalty and the related equities. This way, we can detect undervalued stocks with similar characteristics as PrairieSky Royalty or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of PrairieSky Royalty's fundamental indicators could also be used in its relative valuation, which is a method of valuing PrairieSky Royalty by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare PrairieSky Royalty to competition |
| Fundamentals | PrairieSky Royalty | Peer Average |
| Return On Equity | 0.0809 | -0.31 |
| Return On Asset | 0.0581 | -0.14 |
| Profit Margin | 0.47 % | (1.27) % |
| Operating Margin | 0.58 % | (5.51) % |
| Current Valuation | 7.16 B | 16.62 B |
| Shares Outstanding | 239 M | 571.82 M |
| Shares Owned By Insiders | 0.53 % | 10.09 % |
| Shares Owned By Institutions | 66.10 % | 39.21 % |
| Number Of Shares Shorted | 2.37 M | 4.71 M |
| Price To Earning | 47.29 X | 28.72 X |
| Price To Book | 2.57 X | 9.51 X |
| Price To Sales | 14.82 X | 11.42 X |
| Revenue | 513.2 M | 9.43 B |
| Gross Profit | 612.7 M | 27.38 B |
| EBITDA | 455.5 M | 3.9 B |
| Net Income | 227.6 M | 570.98 M |
| Cash And Equivalents | 10 M | 2.7 B |
| Cash Per Share | 0.04 X | 5.01 X |
| Total Debt | 188.1 M | 5.32 B |
| Debt To Equity | 0.03 % | 48.70 % |
| Current Ratio | 0.28 X | 2.16 X |
| Book Value Per Share | 11.47 X | 1.93 K |
| Cash Flow From Operations | 318.9 M | 971.22 M |
| Short Ratio | 6.94 X | 4.00 X |
| Earnings Per Share | 0.93 X | 3.12 X |
| Price To Earnings To Growth | 2.56 X | 4.89 X |
| Target Price | 30.88 | |
| Number Of Employees | 65 | 18.84 K |
| Beta | 1.74 | -0.15 |
| Market Capitalization | 7.06 B | 19.03 B |
| Total Asset | 3.31 B | 29.47 B |
| Retained Earnings | (643.8 M) | 9.33 B |
| Working Capital | (34.1 M) | 1.48 B |
PrairieSky Royalty Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as PrairieSky . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About PrairieSky Royalty Buy or Sell Advice
When is the right time to buy or sell PrairieSky Royalty? Buying financial instruments such as PrairieSky Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
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Run Restaurants Thematic Idea Now
Restaurants
Entities that are involved in restaurant business, as well as coffee shop chains and other eateries. The Restaurants theme has 42 constituents at this time.
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Other Information on Investing in PrairieSky Stock
PrairieSky Royalty financial ratios help investors to determine whether PrairieSky Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PrairieSky with respect to the benefits of owning PrairieSky Royalty security.