<div id="readability-page-1"><p>Precision Drilling Corporation (NYSE:PDS - Get Free Report) <span>TSE: PD<span></span></span> has received a consensus rating of &#34;Moderate Buy&#34; from the seven brokerages that are presently  covering the company, MarketBeat reports. One research analyst  has rated the stock with a sell recommendation, two have issued  a hold recommendation, three have given a buy recommendation and one  has assigned  a strong buy recommendation to  the company. The average 1 year target price among analysts that have covered the stock in the last year is $98.00.</p><div><p><span></span><span>Get <strong>Precision Drilling</strong> alerts:</span></p></div><ul><li>Helmerich &amp; Payne Stock, A Lot More Upside Than Meets the Eye</li></ul><p>Several research firms have commented on PDS. Atb Cap Markets upgraded Precision Drilling to a &#34;strong-buy&#34; rating in a research note on Thursday. Zacks Research cut Precision Drilling from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a research note on Wednesday. Weiss Ratings  restated a &#34;hold (c-)&#34; rating on shares of Precision Drilling in a research note on Friday. TD Securities  restated a &#34;hold&#34; rating on shares of Precision Drilling in a research note on Thursday, October 23rd. Finally, Piper Sandler boosted their target price on Precision Drilling from $74.00 to $79.00 and gave the company an &#34;overweight&#34; rating in a research note on Tuesday, October 28th.</p><p><b>View Our Latest Report on PDS</b></p><h2>Institutional Investors Weigh In On Precision Drilling</h2><p>Institutional investors and hedge funds have recently made changes to their positions in the stock. Cubist Systematic Strategies LLC bought a new stake in shares of  Precision Drilling during the 1st quarter worth approximately $45,000.  Raymond James Financial Inc. bought a new stake in shares of  Precision Drilling during the 2nd quarter worth approximately $57,000.  Signaturefd LLC raised its stake in shares of  Precision Drilling by 52.4% during the 2nd quarter. Signaturefd LLC now owns 2,230 shares of the oil and gas company's stock worth $105,000 after purchasing an additional 767 shares in the last quarter.  Vanguard Personalized Indexing Management LLC bought a new stake in shares of  Precision Drilling during the 3rd quarter worth approximately $239,000.  Finally, Aristides Capital LLC bought a new stake in shares of  Precision Drilling during the 1st quarter worth approximately $252,000. Institutional investors own  48.86% of the company's stock. </p><h2>Precision Drilling Trading Up 2.1%</h2><p>NYSE:PDS opened at $59.99 on Friday. Precision Drilling has a fifty-two week low of $36.20 and a fifty-two week high of $67.35. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.58 and a quick ratio of 1.42. The stock has a market capitalization of $790.30 million, a PE ratio of 22.30 and a beta of 1.11. The business's 50-day simple moving average is $57.15 and its 200-day simple moving average is $51.34. </p><p>Precision Drilling (NYSE:PDS - Get Free Report) <span>TSE: PD<span></span></span> last released its quarterly earnings data on Wednesday, October 22nd. The oil and gas company reported ($0.37) earnings per share for the quarter, missing the consensus estimate of $1.20 by ($1.57). The business had revenue of $331.90 million for the quarter, compared to the consensus estimate of $471.38 million. Precision Drilling had a net margin of 3.17% and a return on equity of 3.44%.  Sell-side analysts expect that  Precision Drilling will post 7.1 earnings per share for the current fiscal year. </p><h2>Precision Drilling Company Profile</h2> (Get Free Report)<p>Precision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in North America and the Middle East. The company operates through Contract Drilling Services and Completion and Production Services segments.</p><h2>See Also</h2><ul><li>Five stocks we like better than Precision Drilling</li><li>Growth Stocks: What They Are, Examples and How to Invest</li><li>Is Beyond Meat a Buy After Meme Stock Surge? Analysts Say No</li><li>Special Purpose Acquisition Company (SPAC) What You Need to Know </li><li>ABBV Stock: $250 May Be the New Floor After Big Q3 Earnings Beat</li><li>The 3 Best Retail Stocks to Shop for in August</li><li>Super Micro's Moment of Truth: A Growth Story Under Pressure</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBEUw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBEUw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Precision Drilling Right Now?</h2><p>Before you consider Precision Drilling, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Precision Drilling wasn't on the list.</p><p>While Precision Drilling currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Precision Drilling Corporation (NYSE:PDS) has received a consensus rating of "Moderate Buy" from seven brokerages. The ratings include one sell, two hold, three buy, and one strong buy. The average target price is $98.00. Recent changes in institutional investments show a significant increase in stakes. The stock opened at $59.99, with a 52-week range of $36.20 to $67.35. The company reported a loss of $0.37 per share for the last quarter, missing estimates, with revenue of $331.90 million.</p>

Precision Drilling Corporation (NYSE:PDS) Given Average Recommendation of "Moderate Buy" by Brokerages