The stock of Parker Drilling Company (NYSE:PKD) hit a new 52-week low and has $0.71 target or 8.00% below today’s $0.78 share price. The 7 months bearish chart indicates high risk for the $107.65M company. The 1-year low was reported on Mar, 15 by Barchart.com. If the $0.71 price target is reached, the company will be worth $8.61 million less. The stock decreased 1.46% or $0.012 during the last trading session, reaching $0.775. About 511,764 shares traded. Parker Drilling Company (NYSE:PKD) has declined 34.68% since March 15, 2017 and is downtrending. It has underperformed by 51.38% the S&P500.
Lydall, Inc. designs, manufactures, and markets specialty engineered filtration media, industrial thermal insulating solutions, and automotive thermal and acoustical barriers for filtration/separation and thermal/acoustical applications worldwide. The company has market cap of $831.24 million. It operates through Performance Materials, Technical Nonwovens, Thermal/Acoustical Metals, and Thermal/Acoustical Fibers divisions. It has a 16.81 P/E ratio. The Performance Materials segment offers filtration media solutions for air, fluid power, and industrial applications, such as clean-space, commercial, HVAC, power generation, and industrial processes.
Analysts await Parker Drilling Company (NYSE:PKD) to report earnings on May, 1. They expect $-0.21 EPS, up 32.26% or $0.10 from last year’s $-0.31 per share. After $-0.16 actual EPS reported by Parker Drilling Company for the previous quarter, Wall Street now forecasts 31.25% negative EPS growth.
Investors sentiment decreased to 0.82 in 2017 Q3. Its down 0.13, from 0.95 in 2017Q2. It fall, as 13 investors sold Parker Drilling Company shares while 29 reduced holdings. 14 funds opened positions while 26 raised stakes. 87.40 million shares or 3.25% less from 90.34 million shares in 2017Q2 were reported. Advisory Ser Ntwk Lc has invested 0% in Parker Drilling Company (NYSE:PKD). Ameritas Ptnrs holds 0% or 10,148 shares in its portfolio. Donald Smith & accumulated 0.13% or 4.77 million shares. Rhumbline Advisers accumulated 0% or 164,193 shares. Ubs Asset Americas reported 51,630 shares. Qcm Cayman invested in 10,785 shares. Acadian Asset Mngmt Ltd Liability Corp holds 0% of its portfolio in Parker Drilling Company (NYSE:PKD) for 239,166 shares. State Street Corporation holds 0% or 2.31M shares. invested in 0% or 90,058 shares. Moreover, Lsv Asset has 0.01% invested in Parker Drilling Company (NYSE:PKD) for 2.78M shares. Bridgeway Cap Mngmt has invested 0.02% in Parker Drilling Company (NYSE:PKD). Rothschild Asset Management invested in 402,043 shares. Teacher Retirement Sys Of Texas holds 0% or 11,497 shares. Commercial Bank Of America De invested 0% in Parker Drilling Company (NYSE:PKD). Los Angeles Mgmt Equity holds 0% or 184,300 shares in its portfolio.
Parker Drilling Company Inc., together with its subsidiaries, provides contract drilling and drilling-related services, and rental tools to the energy industry in the United States, Russia, Europe, the Middle East, Africa, Asia, Latin America, Canada, and Internationally. The company has market cap of $107.65 million. It operates through two business lines, Drilling Services and Rental Tools Services. It currently has negative earnings. The Drilling Services business provides project related services, such as engineering, procurement, project management, and commissioning of customer-owned drilling facility projects; drill wells and manages the logistical and technological challenges of operating in remote, harsh, and ecologically sensitive areas; and operates barge rigs for drilling oil and natural gas in the shallow waters in and along the inland waterways and coasts of Louisiana, Alabama, and Texas.
Among 6 analysts covering Parker Drilling (NYSE:PKD), 4 have Buy rating, 1 Sell and 1 Hold. Therefore 67% are positive. Parker Drilling has $5.50 highest and $1.50 lowest target. $3.50’s average target is 351.61% above currents $0.775 stock price. Parker Drilling had 8 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Hold” rating by Tudor Pickering on Wednesday, September 9. TheStreet downgraded the shares of PKD in report on Friday, August 7 to “Sell” rating. Tudor Pickering initiated Parker Drilling Company (NYSE:PKD) on Friday, March 24 with “Hold” rating. As per Wednesday, August 31, the company rating was upgraded by Edward Jones. DA Davidson initiated the shares of PKD in report on Thursday, October 6 with “Buy” rating. The stock of Parker Drilling Company (NYSE:PKD) has “Buy” rating given on Wednesday, September 23 by Sidoti.
Since January 1, 0001, it had 0 insider purchases, and 1 sale for $242,100 activity.
Ratings analysis reveals 50% of Lydall’s analysts are positive. Out of 2 Wall Street analysts rating Lydall, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. LDL was included in 2 notes of analysts from August 29, 2016. The firm earned “Neutral” rating on Monday, August 29 by Sidoti. The rating was initiated by Roth Capital on Wednesday, November 9 with “Buy”.
Grace & White Inc Ny holds 1.54% of its portfolio in Lydall, Inc. for 129,078 shares. Investment Counselors Of Maryland Llc owns 402,241 shares or 1.18% of their US portfolio. Moreover, Alphaone Investment Services Llc has 1.09% invested in the company for 71,347 shares. The Connecticut-based Thomson Horstmann & Bryant Inc has invested 1.01% in the stock. Champlain Investment Partners Llc, a Us-based fund reported 1.38 million shares.
Analysts await Lydall, Inc. (NYSE:LDL) to report earnings on May, 1. They expect $0.65 earnings per share, down 12.16% or $0.09 from last year’s $0.74 per share. LDL’s profit will be $11.28 million for 18.42 P/E if the $0.65 EPS becomes a reality. After $0.67 actual earnings per share reported by Lydall, Inc. for the previous quarter, Wall Street now forecasts -2.99% negative EPS growth.