Precision Drilling Corp (NYSE: PDS). Important negative changes in fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Significant negative changes in investment behavior have recently occurred for Precision Drilling Corp (NYSE: PDS): negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Precision Drilling has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Precision Drilling has a very high Appreciation Score of 88 but a very low Power Rating of 6, and the Low Neutral Value Trend Rating results.
Recent Price Action
Precision Drilling Corp (NYSE: PDS) stock declined slightly by -0.7% on 2/28/25. The stock closed at $49.78. Moreover, trading volume in this decline was above average at 149% of normal. The stock has been weak relative to the market over the last nine months and has declined -9.3% during the last week.
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