Precision Drilling Stock Performance
| PD Stock | CAD 108.60 1.29 1.17% |
On a scale of 0 to 100, Precision Drilling holds a performance score of 19. The company holds a Beta of 0.009, which implies not very significant fluctuations relative to the market. As returns on the market increase, Precision Drilling's returns are expected to increase less than the market. However, during the bear market, the loss of holding Precision Drilling is expected to be smaller as well. Please check Precision Drilling's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether Precision Drilling's historical price patterns will revert.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Precision Drilling are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Precision Drilling displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:20 | Dividend Date 2015-11-18 | Ex Dividend Date 2015-11-04 | Last Split Date 2020-11-12 |
1 | How Precision Drilling Corporation stock reacts to monetary easing - Dollar Strength AI Optimized Trade Strategies - newser.com | 11/06/2025 |
2 | Why Precision Drilling Corporation stock attracts HNW investors - Take Profit Growth Focused Stock Pick Reports - newser.com | 11/20/2025 |
3 | After losing 3.3 percent in the past year, Precision Drilling Corporation institutional owners must be relieved by the recent gain - simplywall.st | 11/28/2025 |
4 | Precision Drilling Sets New 1-Year High - Heres What Happened - MarketBeat | 12/09/2025 |
5 | Piper Sandler Maintains Precision Drilling With Buy Rating, Raises Target Price to 81 - | 12/18/2025 |
6 | Precision Drilling Reaches New 12-Month High - Still a Buy - MarketBeat | 12/30/2025 |
7 | Precision Drilling Hits 2025 Debt Target, Boosts Buybacks Amid Strong Rig Demand - TipRanks | 01/06/2026 |
8 | Precision Drilling Price Target Raised to C120.00 at National Bankshares - MarketBeat | 01/09/2026 |
9 | Precision Drilling Co. Given Average Rating of Moderate Buy by Analysts - MarketBeat | 01/15/2026 |
10 | Precision Drilling Hits New 1-Year High on Analyst Upgrade - MarketBeat | 01/26/2026 |
11 | Has Precision Drilling Corporations Impressive Stock Performance Got Anything to Do With Its Fundamentals - Yahoo Finance | 01/30/2026 |
| Begin Period Cash Flow | 54.2 M | |
| Total Cashflows From Investing Activities | -203 M |
Precision |
Precision Drilling Relative Risk vs. Return Landscape
If you would invest 8,451 in Precision Drilling on November 3, 2025 and sell it today you would earn a total of 2,409 from holding Precision Drilling or generate 28.51% return on investment over 90 days. Precision Drilling is currently producing 0.413% returns and takes up 1.699% volatility of returns over 90 trading days. Put another way, 15% of traded stocks are less volatile than Precision, and 92% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Precision Drilling Target Price Odds to finish over Current Price
The tendency of Precision Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 108.60 | 90 days | 108.60 | nearly 4.23 |
Based on a normal probability distribution, the odds of Precision Drilling to move above the current price in 90 days from now is nearly 4.23 (This Precision Drilling probability density function shows the probability of Precision Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Precision Drilling has a beta of 0.009 indicating as returns on the market go up, Precision Drilling average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Precision Drilling will be expected to be much smaller as well. Additionally Precision Drilling has an alpha of 0.4491, implying that it can generate a 0.45 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Precision Drilling Price Density |
| Price |
Predictive Modules for Precision Drilling
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Precision Drilling. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Precision Drilling's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Precision Drilling Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Precision Drilling is not an exception. The market had few large corrections towards the Precision Drilling's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Precision Drilling, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Precision Drilling within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.45 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 9.09 | |
Ir | Information ratio | 0.25 |
Precision Drilling Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Precision Drilling for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Precision Drilling can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Precision Drilling is unlikely to experience financial distress in the next 2 years | |
| Precision Drilling has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Latest headline from news.google.com: Has Precision Drilling Corporations Impressive Stock Performance Got Anything to Do With Its Fundamentals - Yahoo Finance |
Precision Drilling Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Precision Stock often depends not only on the future outlook of the current and potential Precision Drilling's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Precision Drilling's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.2 M | |
| Cash And Short Term Investments | 73.8 M |
Precision Drilling Fundamentals Growth
Precision Stock prices reflect investors' perceptions of the future prospects and financial health of Precision Drilling, and Precision Drilling fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Precision Stock performance.
| Return On Equity | 0.036 | ||||
| Return On Asset | 0.0378 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 2.14 B | ||||
| Shares Outstanding | 12.93 M | ||||
| Price To Earning | (7.36) X | ||||
| Price To Book | 0.85 X | ||||
| Price To Sales | 0.78 X | ||||
| Revenue | 1.9 B | ||||
| Gross Profit | 604.42 M | ||||
| EBITDA | 535.85 M | ||||
| Net Income | 111.19 M | ||||
| Cash And Equivalents | 80.58 M | ||||
| Cash Per Share | 0.27 X | ||||
| Total Debt | 887.59 M | ||||
| Debt To Equity | 102.00 % | ||||
| Current Ratio | 1.83 X | ||||
| Book Value Per Share | 126.21 X | ||||
| Cash Flow From Operations | 482.08 M | ||||
| Earnings Per Share | 4.16 X | ||||
| Market Capitalization | 1.43 B | ||||
| Total Asset | 2.96 B | ||||
| Retained Earnings | (900.83 M) | ||||
| Working Capital | 162.59 M | ||||
About Precision Drilling Performance
By examining Precision Drilling's fundamental ratios, stakeholders can obtain critical insights into Precision Drilling's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Precision Drilling is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 58.76 | 61.70 | |
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.09 | 0.10 | |
| Return On Assets | 0.04 | 0.08 | |
| Return On Equity | 0.08 | 0.12 |
Things to note about Precision Drilling performance evaluation
Checking the ongoing alerts about Precision Drilling for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Precision Drilling help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Precision Drilling is unlikely to experience financial distress in the next 2 years | |
| Precision Drilling has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Latest headline from news.google.com: Has Precision Drilling Corporations Impressive Stock Performance Got Anything to Do With Its Fundamentals - Yahoo Finance |
- Analyzing Precision Drilling's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Precision Drilling's stock is overvalued or undervalued compared to its peers.
- Examining Precision Drilling's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Precision Drilling's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Precision Drilling's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Precision Drilling's stock. These opinions can provide insight into Precision Drilling's potential for growth and whether the stock is currently undervalued or overvalued.
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 closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Precision Stock, please use our How to Invest in Precision Drilling guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.