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NYSE: PDS
Precision Drilling Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for PDS

Based on 3 analysts offering 12 month price targets for Precision Drilling Corp.
Min Forecast
$107.00+72.72%
Avg Forecast
$115.67+86.71%
Max Forecast
$125.00+101.78%

Should I buy or sell PDS stock?

Based on 3 analysts offering ratings for Precision Drilling Corp.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
1 analysts 33.33%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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PDS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
RBC Capital
Top 9%
92
BuyMaintains$125.00+101.78%2023-09-13
Raymond James
Top 48%
53
Strong BuyMaintains$115.00+85.63%2023-08-03
Piper Sandler
Top 9%
92
Strong BuyMaintains$107.00+72.72%2023-07-31Find out why

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Forecast return on equity

Is PDS forecast to generate an efficient return?
Company
19.68%
Industry
13.7%
Market
48.56%
PDS's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PDS forecast to generate an efficient return on assets?
Company
9.71%
Industry
5.98%
PDS is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PDS earnings growth forecast

How is PDS forecast to perform vs Oil & Gas Drilling companies and vs the US market?
Company
18.12%
Industry
2.56%
Market
67.2%
PDS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
PDS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
PDS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

PDS revenue growth forecast

How is PDS forecast to perform vs Oil & Gas Drilling companies and vs the US market?
Company
-4.88%
Industry
4.5%
Market
12.79%
PDS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PDS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PDS vs Oil & Gas Drilling Stocks

TickerPricePrice TargetUp/downsideConsensus
PDS$61.95$115.67+86.71%Strong Buy
NBR$116.39$136.83+17.56%Buy
DO$13.94$20.00+43.47%Strong Buy
ICD$2.89N/AN/A
BORR$6.84N/AN/A
View Top Oil & Gas Drilling Stocks

Precision Drilling Stock Forecast FAQ

Is Precision Drilling Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: PDS) stock is to Strong Buy PDS stock.

Out of 3 analysts, 2 (66.67%) are recommending PDS as a Strong Buy, 1 (33.33%) are recommending PDS as a Buy, 0 (0%) are recommending PDS as a Hold, 0 (0%) are recommending PDS as a Sell, and 0 (0%) are recommending PDS as a Strong Sell.

If you're new to stock investing, here's how to buy Precision Drilling stock.

What is PDS's forecast return on equity (ROE) for 2023-2024?

(NYSE: PDS) forecast ROE is 19.68%, which is considered weak.

What is PDS's Price Target?

According to 3 Wall Street analysts that have issued a 1 year PDS price target, the average PDS price target is $115.67, with the highest PDS stock price forecast at $125.00 and the lowest PDS stock price forecast at $107.00.

On average, Wall Street analysts predict that Precision Drilling's share price could reach $115.67 by Sep 13, 2024. The average Precision Drilling stock price prediction forecasts a potential upside of 86.71% from the current PDS share price of $61.95.

What is PDS's forecast return on assets (ROA) for 2023-2024?

(NYSE: PDS) forecast ROA is 9.71%, which is higher than the forecast US Oil & Gas Drilling industry average of 5.98%.
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