Update shared on04 Aug 2025
Fair value Increased 5.59%Precision Drilling has seen a notable improvement in profitability, with net profit margin more than doubling and the future P/E halving, supporting the upward revision of its consensus analyst price target from CA$91.62 to CA$96.75.
What's in the News
- Precision Drilling completed the repurchase of 937,593 shares (6.79%) for CAD 70 million under its announced buyback program.
- The company was dropped from the S&P/TSX Capped Composite Index.
- The company was dropped from the S&P/TSX Capped Energy Index.
- The company was dropped from the S&P/TSX Composite Index.
- The company was dropped from the S&P/TSX Completion Index.
Valuation Changes
Summary of Valuation Changes for Precision Drilling
- The Consensus Analyst Price Target has risen from CA$91.62 to CA$96.75.
- The Net Profit Margin for Precision Drilling has significantly risen from 3.12% to 6.67%.
- The Future P/E for Precision Drilling has significantly fallen from 21.21x to 9.50x.
Disclaimer
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