Precision Drilling Statistics
Total Valuation
PDS has a market cap or net worth of $1.05 billion. The enterprise value is $1.76 billion.
| Market Cap | 1.05B |
| Enterprise Value | 1.76B |
Important Dates
The last earnings date was Thursday, April 25, 2024, before market open.
| Earnings Date | Apr 25, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
PDS has 14.48 million shares outstanding. The number of shares has increased by 5.74% in one year.
| Shares Outstanding | 14.48M |
| Shares Change (YoY) | +5.74% |
| Shares Change (QoQ) | +5.36% |
| Owned by Insiders (%) | 2.07% |
| Owned by Institutions (%) | 62.76% |
| Float | 14.00M |
Valuation Ratios
The trailing PE ratio is 6.40 and the forward PE ratio is 6.68. PDS's PEG ratio is 0.40.
| PE Ratio | 6.40 |
| Forward PE | 6.68 |
| PS Ratio | 0.74 |
| Forward PS | 0.50 |
| PB Ratio | 0.87 |
| P/FCF Ratio | 4.30 |
| PEG Ratio | 0.40 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 4.11, with an EV/FCF ratio of 7.29.
| EV / Earnings | 10.43 |
| EV / Sales | 1.26 |
| EV / EBITDA | 4.11 |
| EV / EBIT | 8.58 |
| EV / FCF | 7.29 |
Financial Position
The company has a current ratio of 1.71, with a Debt / Equity ratio of 0.62.
| Current Ratio | 1.71 |
| Quick Ratio | 1.61 |
| Debt / Equity | 0.62 |
| Debt / EBITDA | 1.74 |
| Debt / FCF | 3.08 |
| Interest Coverage | 3.55 |
Financial Efficiency
Return on equity (ROE) is 15.50% and return on invested capital (ROIC) is 12.14%.
| Return on Equity (ROE) | 15.50% |
| Return on Assets (ROA) | 8.00% |
| Return on Capital (ROIC) | 12.14% |
| Revenue Per Employee | $280,446 |
| Profits Per Employee | $33,813 |
| Employee Count | 5,000 |
| Asset Turnover | 0.66 |
| Inventory Turnover | 33.18 |
Taxes
| Income Tax | -21.15M |
| Effective Tax Rate | -14.30% |
Stock Price Statistics
The stock price has increased by +54.06% in the last 52 weeks. The beta is 2.90, so PDS's price volatility has been higher than the market average.
| Beta (1Y) | 2.90 |
| 52-Week Price Change | +54.06% |
| 50-Day Moving Average | 69.31 |
| 200-Day Moving Average | 62.91 |
| Relative Strength Index (RSI) | 54.46 |
| Average Volume (30 Days) | 71,146 |
Short Selling Information
The latest short interest is 395,164, so 2.73% of the outstanding shares have been sold short.
| Short Interest | 395,164 |
| Short Previous Month | 351,549 |
| Short % of Shares Out | 2.73% |
| Short % of Float | 2.82% |
| Short Ratio (days to cover) | 5.38 |
Income Statement
In the last 12 months, PDS had revenue of $1.40 billion and earned $169.07 million in profits. Earnings per share was $11.24.
| Revenue | 1.40B |
| Gross Profit | 516.12M |
| Operating Income | 206.65M |
| Pretax Income | 147.70M |
| Net Income | 169.07M |
| EBITDA | 429.01M |
| EBIT | 205.61M |
| Earnings Per Share (EPS) | $11.24 |
Balance Sheet
The company has $22.73 million in cash and $744.85 million in debt, giving a net cash position of -$722.12 million or -$49.88 per share.
| Cash & Cash Equivalents | 22.73M |
| Total Debt | 744.85M |
| Net Cash | -722.12M |
| Net Cash Per Share | -$49.88 |
| Equity / Book Value | 1.20B |
| Book Value Per Share | 82.95 |
| Working Capital | 152.82M |
Cash Flow
In the last 12 months, operating cash flow was $394.89 million and capital expenditures -$153.05 million, giving a free cash flow of $241.83 million.
| Operating Cash Flow | 394.89M |
| Capital Expenditures | -153.05M |
| Free Cash Flow | 241.83M |
| FCF Per Share | $16.87 |
Margins
Gross margin is 36.81%, with operating and profit margins of 14.74% and 12.06%.
| Gross Margin | 36.81% |
| Operating Margin | 14.74% |
| Pretax Margin | 10.53% |
| Profit Margin | 12.06% |
| EBITDA Margin | 30.59% |
| EBIT Margin | 14.66% |
| FCF Margin | 17.25% |
Dividends & Yields
PDS does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -5.74% |
| Shareholder Yield | -5.74% |
| Earnings Yield | 16.24% |
| FCF Yield | 23.23% |
Analyst Forecast
The average price target for PDS is $113.67, which is 56.64% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $113.67 |
| Price Target Difference | 56.64% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | 1.14% |
| EPS Growth Forecast (5Y) | 1.17% |
Stock Splits
The last stock split was on November 12, 2020. It was a reverse split with a ratio of 1:20.
| Last Split Date | Nov 12, 2020 |
| Split Type | Reverse |
| Split Ratio | 1:20 |
Scores
PDS has an Altman Z-Score of 1.2 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.2 |
| Piotroski F-Score | 7 |