Precision Drilling Corporation (PDS) – What Are Analysts Saying About This Stock?

Posted by Francis Steltz on Oct 25th, 2026

Precision Drilling Corporation (NYSE:PDS – Get Free Report) (TSE:PD) has been assigned an average recommendation of “Moderate Buy” from the eight analysts that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $129.25.

PDS has been the subject of several research analyst reports. Wall Street Zen downgraded shares of Precision Drilling from a “buy” rating to a “hold” rating in a report on Sunday, August 9th. TD Securities raised Precision Drilling from a “hold” rating to a “buy” rating and raised their price objective for the company from $116.00 to $150.00 in a report on Tuesday. Weiss Ratings reissued a “sell (d+)” rating on shares of Precision Drilling in a report on Friday, September 18th. Finally, Zacks Research upgraded Precision Drilling from a “strong sell” rating to a “hold” rating in a research report on Monday, September 28th.

Check Out Our Latest Report on Precision Drilling

Institutional Trading of Precision Drilling

Hedge funds have recently made changes to their positions in the company. Bank of America Corp DE grew its holdings in shares of Precision Drilling by 129.5% during the first quarter. Bank of America Corp DE now owns 114,706 shares of the oil and gas company’s stock worth $11,287,000 after purchasing an additional 64,735 shares during the last quarter. Lazard Asset Management LLC increased its stake in shares of Precision Drilling by 540.1% in the first quarter. Lazard Asset Management LLC now owns 25,392 shares of the oil and gas company’s stock valued at $2,499,000 after buying an additional 21,425 shares during the period. Hillsdale Investment Management Inc. increased its stake in shares of Precision Drilling by 67.0% in the first quarter. Hillsdale Investment Management Inc. now owns 487,434 shares of the oil and gas company’s stock valued at $47,957,000 after buying an additional 195,598 shares during the period. Dimensional Fund Advisors LP raised its holdings in Precision Drilling by 37.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 288,013 shares of the oil and gas company’s stock valued at $28,340,000 after buying an additional 77,775 shares during the last quarter. Finally, Janney Montgomery Scott LLC bought a new position in Precision Drilling in the 1st quarter valued at approximately $823,000. 48.86% of the stock is owned by institutional investors and hedge funds.

Precision Drilling Trading Up 4.2%

Shares of Precision Drilling stock opened at $94.19 on Friday. The firm has a market capitalization of $1.19 billion, a PE ratio of -45.07 and a beta of 0.95. The company has a current ratio of 1.46, a quick ratio of 1.29 and a debt-to-equity ratio of 0.39. The firm’s 50 day moving average is $87.23 and its 200 day moving average is $87.19. Precision Drilling has a 1 year low of $56.10 and a 1 year high of $103.80.

Precision Drilling (NYSE:PDS – Get Free Report) (TSE:PD) last issued its quarterly earnings data on Tuesday, July 28th. The oil and gas company reported ($0.38) EPS for the quarter, missing the consensus estimate of $0.43 by ($0.81). Precision Drilling had a negative net margin of 1.68% and a positive return on equity of 2.11%. The company had revenue of $319.15 million during the quarter, compared to the consensus estimate of $310.70 million. Equities research analysts forecast that Precision Drilling will post 4.71 earnings per share for the current fiscal year.

About Precision Drilling

(Get Free Report)

Precision Drilling Corporation is an oilfield services company headquartered in Calgary, Alberta. The company provides contract drilling and related services to oil and natural gas exploration and production companies, with operations serving customers primarily in Canada and the United States as well as selected international markets.

Its Contract Drilling Services segment operates land-based drilling rigs and provides associated equipment, personnel and technical expertise. Precision also offers directional drilling and other technologies designed to support the construction of complex horizontal and extended-reach wells.

Through its Completion and Production Services business, the company provides well servicing, snubbing, rental equipment, camp and catering services, and other support activities used during well completion, maintenance and production.