Parker Drilling Company (PKD) EPS Estimated At $-0.21

October 13, 2017 - By Clifton Ray

 Parker Drilling Company (PKD) EPS Estimated At $ 0.21
Investors sentiment decreased to 1.22 in 2017 Q2. Its down 0.37, from 1.59 in 2017Q1. It fall, as 13 investors sold Parker Drilling Company shares while 23 reduced holdings. 12 funds opened positions while 32 raised stakes. 90.34 million shares or 0.28% more from 90.09 million shares in 2017Q1 were reported.
Donald Smith & Com stated it has 0.17% in Parker Drilling Company (NYSE:PKD). Da Davidson And reported 4,000 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 0% or 4,343 shares. Aqr Mgmt Ltd Liability owns 0% invested in Parker Drilling Company (NYSE:PKD) for 160,834 shares. Sg Americas Limited Liability Com accumulated 118,783 shares. Brigade L P holds 0.99% of its portfolio in Parker Drilling Company (NYSE:PKD) for 8.82M shares. Royal Bancorp Of Canada holds 0% or 14,800 shares. The Kansas-based Creative Planning has invested 0% in Parker Drilling Company (NYSE:PKD). Bnp Paribas Arbitrage holds 0% or 29,337 shares. Bank & Trust Of America De holds 8,573 shares or 0% of its portfolio. Great West Life Assurance Company Can reported 0% in Parker Drilling Company (NYSE:PKD). Public Employees Retirement Association Of Colorado stated it has 70,829 shares. Ny State Common Retirement Fund holds 0% or 111,600 shares. Salient Capital Advsrs Ltd holds 0.04% or 1.62 million shares. Panagora Asset Mgmt has invested 0% in Parker Drilling Company (NYSE:PKD).

Analysts await Parker Drilling Company (NYSE:PKD) to report earnings on October, 26. They expect $-0.21 EPS, up 43.24 % or $0.16 from last year’s $-0.37 per share. After $-0.23 actual EPS reported by Parker Drilling Company for the previous quarter, Wall Street now forecasts -8.70 % EPS growth. The stock decreased 9.52% or $0.1 during the last trading session, reaching $0.95. About 1.29 million shares traded or 226.63% up from the average. Parker Drilling Company (NYSE:PKD) has declined 34.68% since October 13, 2016 and is downtrending. It has underperformed by 51.38% the S&P500.

Parker Drilling Company (NYSE:PKD) Ratings Coverage

Among 6 analysts covering Parker Drilling (NYSE:PKD), 4 have Buy rating, 1 Sell and 1 Hold. Therefore 67% are positive. Parker Drilling had 8 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Buy” rating by Edward Jones given on Wednesday, August 31. The rating was downgraded by Tudor Pickering to “Hold” on Wednesday, September 9. On Thursday, October 6 the stock rating was initiated by DA Davidson with “Buy”. The rating was downgraded by TheStreet to “Sell” on Friday, August 7. As per Wednesday, September 23, the company rating was upgraded by Sidoti. Tudor Pickering initiated Parker Drilling Company (NYSE:PKD) on Friday, March 24 with “Hold” rating.

Parker Drilling Company is a well-known provider of contract drilling, and drilling-related services and rental tools and services. The company has market cap of $119.92 million. The Company’s business consists of two business lines: drilling services and rental tools services. It currently has negative earnings. The Company’s Rental Tools Services business includes U.S.

More notable recent Parker Drilling Company (NYSE:PKD) news were published by: Seekingalpha.com which released: “Parker Drilling – All You Need To Know About Q4 2016 Results” on February 17, 2017, also Prnewswire.com with their article: “Parker Drilling Announces Appointment of Chief Financial Officer” published on September 25, 2017, Prnewswire.com published: “Parker Drilling Announces Director Retirement” on August 21, 2017. More interesting news about Parker Drilling Company (NYSE:PKD) were released by: Fool.com and their article: “Here’s Why Parker Drilling Company’s Stock Is Plunging Today” published on February 22, 2017 as well as Prnewswire.com‘s news article titled: “Parker Drilling Reports 2017 Second Quarter Results” with publication date: August 02, 2017.

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