Precision Drilling Stock Revenue
| PDS Stock | USD 66.13 0.99 1.52% |
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.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 1.9 B | 1.5 B |
Precision | Revenue |
Precision Drilling Company Revenue Analysis
Precision Drilling's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Precision Drilling Revenue | 1.94 B |
Most of Precision Drilling's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Precision Drilling is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Precision
Projected quarterly revenue analysis of Precision Drilling provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Precision Drilling match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Precision Drilling's stock price.
Precision Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Precision Drilling is extremely important. It helps to project a fair market value of Precision Stock properly, considering its historical fundamentals such as Revenue. Since Precision Drilling's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Precision Drilling's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Precision Drilling's interrelated accounts and indicators.
| -0.66 | -0.77 | -0.09 | -0.65 | 0.23 | ||
| -0.66 | 0.92 | 0.56 | 0.98 | 0.25 | ||
| -0.77 | 0.92 | 0.36 | 0.87 | -0.03 | ||
| -0.09 | 0.56 | 0.36 | 0.54 | 0.02 | ||
| -0.65 | 0.98 | 0.87 | 0.54 | 0.33 | ||
| 0.23 | 0.25 | -0.03 | 0.02 | 0.33 |
Click cells to compare fundamentals
Precision Revenue Historical Pattern
Today, most investors in Precision Drilling Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Precision Drilling's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Precision Drilling revenue as a starting point in their analysis.
Precision Drilling Revenue |
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Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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Precision Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, Precision Drilling reported 1.94 B of revenue. This is 96.06% lower than that of the Energy Equipment & Services sector and 18.84% higher than that of the Energy industry. The revenue for all United States stocks is 79.46% higher than that of the company.
Precision Revenue 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 Revenue 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 revenue category among its peers.
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 | 528.2M | 288.6M | 596.3M | 1.4B | 1.1B | 1.0B | |
| Enterprise Value | 1.9B | 1.5B | 1.7B | 2.5B | 2.0B | 1.9B |
Precision Drilling ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Precision Drilling's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Precision Drilling's managers, analysts, and investors.Environmental | Governance | Social |
Precision Drilling Institutional Holders
Institutional Holdings refers to the ownership stake in Precision Drilling that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Precision Drilling's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Precision Drilling's value.| Shares | Wellington Management Company Llp | 2024-06-30 | 136.3 K | Cibc World Markets Inc. | 2024-06-30 | 125.4 K | Aegis Financial Corporation | 2024-09-30 | 123.6 K | Sir Capital Management, L.p. | 2024-09-30 | 118 K | American Century Companies Inc | 2024-09-30 | 114.5 K | Two Sigma Advisers, Llc | 2024-06-30 | 113.9 K | Hartree Partners, Lp | 2024-09-30 | 85 K | Greatmark Investment Partners Inc | 2024-09-30 | 84.1 K | Td Asset Management Inc | 2024-09-30 | 70.2 K | Ninepoint Partners Lp | 2024-09-30 | 1.1 M | Royal Bank Of Canada | 2024-06-30 | 772.5 K |
Precision Fundamentals
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.054 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 1.48 B | ||||
| Shares Outstanding | 14.07 M | ||||
| Shares Owned By Insiders | 2.13 % | ||||
| Shares Owned By Institutions | 57.14 % | ||||
| Number Of Shares Shorted | 184.13 K | ||||
| Price To Earning | (6.85) X | ||||
| Price To Book | 0.75 X | ||||
| Price To Sales | 0.47 X | ||||
| Revenue | 1.94 B | ||||
| Gross Profit | 492.59 M | ||||
| EBITDA | 599.35 M | ||||
| Net Income | 289.24 M | ||||
| Cash And Equivalents | 51.64 M | ||||
| Cash Per Share | 3.80 X | ||||
| Total Debt | 992.19 M | ||||
| Debt To Equity | 1.02 % | ||||
| Current Ratio | 1.39 X | ||||
| Book Value Per Share | 117.77 X | ||||
| Cash Flow From Operations | 500.57 M | ||||
| Short Ratio | 1.71 X | ||||
| Earnings Per Share | 12.15 X | ||||
| Price To Earnings To Growth | 0.40 X | ||||
| Target Price | 91.07 | ||||
| Number Of Employees | 5 K | ||||
| Beta | 2.75 | ||||
| Market Capitalization | 916.34 M | ||||
| Total Asset | 3.02 B | ||||
| Retained Earnings | (1.01 B) | ||||
| Working Capital | 145.24 M | ||||
| Current Asset | 561.95 M | ||||
| Current Liabilities | 175.5 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.
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Additional 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.