Pacific Drilling S.A. (NYSE:PACD) has a beta value of 2.82 and has seen 1,252,984 shares traded in the recent trading session. The company, currently valued at $37.3 Million, closed the recent trade at $0.4982 per share which meant it lost $0 on the day or -1.43% during that session. The PACD stock price is -2563.59% off its 52-week high price of $13.27 and 29.75% above the 52-week low of $0.35. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.55 Million shares traded. The 3-month trading volume is 6.84 Million shares.
The consensus among analysts is that Pacific Drilling S.A. (PACD) is a Sell stock at the moment, with a recommendation rating of 3.3. 3 analysts rate the stock as a Sell, while none rate it as Overweight. None out of 3 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$1.02.
Pacific Drilling S.A. (NYSE:PACD) trade information
Despite being -1.27% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Thursday, Jun 25 when the PACD stock price touched $0.579 or saw a rise of 15.18%. Year-to-date, Pacific Drilling S.A. shares have moved -87.96%, while the 5-day performance has seen it change -13.66%. Over the past 30 days, the shares of Pacific Drilling S.A. (NYSE:PACD) have changed 20.72%. Short interest in the company has seen 2.65 Million shares shorted with days to cover at 0.39.
Wall Street analysts have a consensus price target for the stock at $0.4, which means that the shares’ value could jump -19.71% from current levels. The projected low price target is $0.1 while the price target rests at a high of $1. In that case, then, we find that the current price level is +100.72% off the targeted high while a plunge would see the stock lose -79.93% from current levels.
Pacific Drilling S.A. (PACD) estimates and forecasts
Figures show that Pacific Drilling S.A. shares have underperformed across the wider relevant industry. The company’s shares have lost -85.94% over the past 6 months, with this year growth rate of NA%, compared to NA% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -4.1% and 20.7% for the next quarter. Revenue growth from the last financial year stood is estimated to be -6.3%.
3 analysts offering their estimates for the company have set an average revenue estimate of $39.33 Million for the current quarter. 3 have an estimated revenue figure of $41Million for the next quarter concluding in September 01, 2020. Year-ago sales stood $76.42 Million and $54.31 Million respectively for this quarter and the next, and analysts expect sales will grow by -48.5% for the current quarter and -24.5% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -14.9% over the past 5 years. Earnings growth for 2020 is a modest +74.5% while over the next 5 years, the company’s earnings are expected to increase by 32.1%.