Should I buy or sell Pason Systems stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pason Systems in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PSI shares. View PSI analyst ratings or view top-rated stocks .

What is Pason Systems' stock price target for 2024?

6 brokers have issued 12 month price objectives for Pason Systems' shares. Their PSI share price targets range from C$15.00 to C$20.00. On average, they expect the company's share price to reach C$18.17 in the next twelve months. This suggests a possible upside of 12.9% from the stock's current price. View analysts price targets for PSI or view top-rated stocks among Wall Street analysts .

How have PSI shares performed in 2024?

Pason Systems' stock was trading at C$16.17 at the beginning of 2024. Since then, PSI stock has decreased by 0.5% and is now trading at C$16.09. View the best growth stocks for 2024 here .

When is Pason Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our PSI earnings forecast .

How were Pason Systems' earnings last quarter?

Pason Systems Inc. (TSE:PSI) issued its quarterly earnings data on Wednesday, February, 28th. The company reported $0.11 earnings per share (EPS) for the quarter. The company earned $93.30 million during the quarter, compared to analysts' expectations of $86.65 million. Pason Systems had a net margin of 26.41% and a trailing twelve-month return on equity of 24.51%.

How often does Pason Systems pay dividends? What is the dividend yield for Pason Systems?

Pason Systems declared a quarterly dividend on Thursday, March 14th. Investors of record on Friday, March 29th will be given a dividend of 0.13 per share on Friday, March 29th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date of this dividend is Thursday, March 14th. This is a positive change from the stock's previous quarterly dividend of C$0.12. Read our dividend analysis for PSI .

Is Pason Systems a good dividend stock?

Pason Systems (TSE:PSI) pays an annual dividend of C$0.52 per share and currently has a dividend yield of 3.27%. The dividend payout ratio is 42.98%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for PSI .

What other stocks do shareholders of Pason Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pason Systems investors own include Jean Coutu Group (PJC.A) , Lightspeed Commerce (LSPD) , Onex (ONEX) , Bank of Nova Scotia (BNS) , National (NHLD) , Bank of America (BAC) , Brookfield Property Partners (BPY.UN) , Air Canada (AC) , Cenovus Energy (CVE) and Canadian Western Bank (CWB) .

How do I buy shares of Pason Systems?

Shares of PSI stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:PSI

Pason Systems (PSI) Stock Price, News & Analysis

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C$16.09

-0.13 (-0.80%)

(As of 04/17/2024 ET)

Compare

Today's Range: C$16.02
▼
C$16.37
50-Day Range: C$13.45
▼
C$17.08
52-Week Range: C$10.75
▼
C$17.49

Volume: 68,239 shs
Average Volume: 148,072 shs
Market Capitalization: C$1.28 billion

P/E Ratio: 13.30
Dividend Yield: 3.23%
Price Target: C$18.17

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

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Pason Systems MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 12.9% Upside
C$18.17 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
C$107,100 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.70 out of 5 stars

2.3

Analyst's Opinion

Consensus Rating
Pason Systems has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Pason Systems has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for PSI.

1.7

Dividend Strength

Dividend Yield
Pason Systems pays a meaningful dividend of 3.27%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Pason Systems does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Pason Systems is 42.98%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PSI.

2.8

News and Social Media Coverage

News Sentiment
Pason Systems has a news sentiment score of 1.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Pason Systems this week, compared to 0 articles on an average week.
Search Interest
Only 2 people have searched for PSI on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Pason Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$107,100.00 in company stock.
Percentage Held by Insiders
Only 0.31% of the stock of Pason Systems is held by insiders.
Percentage Held by Institutions
45.84% of the stock of Pason Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Pason Systems is 13.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of Pason Systems is 13.30, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 93.82.
Price to Earnings Growth Ratio
Pason Systems has a PEG Ratio of 10.78. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Pason Systems has a P/B Ratio of 3.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Pason Systems Stock (TSE:PSI)

Pason Systems Inc., together with its subsidiaries, provides instrumentation and data management systems for drilling rigs in Canada, the United States, and internationally. The company provides Electronic Drilling Recorder, which provides real-time drilling data to rig site personnel; DataHub with Pason Live, which is used as the central repository for data and reports captured at the rigs for real-time; and DataLink that provides automated in-house databases, third-party analytics platforms, remote geosteering, and other remote services. It offers AutoDriller to maximize the rate of penetration and bit life; internet solutions, such as auto-aiming satellite dishes, data modems, and bandwidth management software; DAS, a rotary drilling automation and optimization software; Electronic Choke Actuator that controls the choke valve; Gas Analyzer that provides real-time compositional gas analysis; Hazardous Gas Alarm System that detects the presence of hazardous gases; Pit Volume Totalizer, which monitors mud volumes and flow rates during drilling, tripping, and casing operations; and Toolface Control, a directional automation software. In addition, the company provides phone, chat, field, and drilling optimization support, as well as proactive monitoring and office support for data integration. It serves drilling contractors and other oilfield service companies. Pason Systems Inc. was founded in 1978 and is headquartered in Calgary, Canada.

PSI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PSI Stock News Headlines

March 30, 2024 | insidertrades.com

Russell Smith Sells 7,000 Shares of Pason Systems Inc. (TSE:PSI) Stock

April 13, 2024 | americanbankingnews.com

Pason Systems Inc. (TSE:PSI) Given Consensus Recommendation of "Moderate Buy" by Brokerages

April 18, 2024 | TradingTips (Ad)

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March 21, 2024 | finance.yahoo.com

Pason to Host Investor Day in Calgary on May 30, 2024

March 2, 2024 | seekingalpha.com

Pason Systems Inc. (PSYTF) Q4 2023 Earnings Call Transcript

March 1, 2024 | finance.yahoo.com

Pason Systems Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

February 28, 2024 | finance.yahoo.com

Pason Reports Fourth Quarter 2023 Results and Declares Increased Quarterly Dividend

February 10, 2024 | finance.yahoo.com

Pason Systems Inc. (PSI.TO)

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January 11, 2024 | finance.yahoo.com

Pason to Release 2023 Fourth Quarter Results on February 28, 2024

January 1, 2024 | finance.yahoo.com

Those who invested in Pason Systems (TSE:PSI) three years ago are up 123%

December 13, 2023 | finance.yahoo.com

Pason Systems (TSE:PSI) Is Due To Pay A Dividend Of CA$0.12

December 5, 2023 | finance.yahoo.com

Pason Announces Intent to Purchase Outstanding Shares of Intelligent Wellhead Systems, Inc.

November 23, 2023 | morningstar.com

Pason Systems Inc PSI

November 16, 2023 | benzinga.com

Energy Toolbase Expands to Solar Monitoring

November 9, 2023 | finance.yahoo.com

Pason Systems (TSE:PSI) Has Announced A Dividend Of CA$0.12

November 7, 2023 | finance.yahoo.com

Retail investors who hold 53% of Pason Systems Inc. (TSE:PSI) gained 8.1%, institutions profited as well

November 2, 2023 | finance.yahoo.com

Pason Reports Third Quarter 2023 Results and Declares Quarterly Dividend

October 13, 2023 | markets.businessinsider.com

RBC Capital Keeps Their Buy Rating on Pason Systems (PSI)

October 5, 2023 | finance.yahoo.com

Pason to Release 2023 Third Quarter Results on November 2, 2023

October 3, 2023 | msn.com

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September 21, 2023 | theglobeandmail.com

Closing Bell: Pason Systems Inc flat on Wednesday (PSI)

September 7, 2023 | investing.com

Pason Systems Inc. (PSI)

September 5, 2023 | finance.yahoo.com

Is Pason Systems Inc.'s (TSE:PSI) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

August 11, 2023 | finance.yahoo.com

Pason Reports Second Quarter 2023 Results and Declares Quarterly Dividend

June 8, 2023 | msn.com

STIFEL CANADA Downgrades Pason Systems (TSX:PSI)

May 31, 2023 | finance.yahoo.com

Individual investors account for 54% of Pason Systems Inc.'s (TSE:PSI) ownership, while institutions account for 46%

See More Headlines

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Company Calendar

Last Earnings: 2/28/2024
Ex-Dividend for 3/29 Dividend: 3/14/2024
Dividend Payable: 3/29/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/02/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Energy
Industry: Oil & Gas Equipment & Services
Sub-Industry: N/A
Current Symbol: TSE:PSI
CUSIP: N/A
CIK: N/A
Web: www.pason.com
Phone: +1-403-3013400
Fax: N/A
Employees: 650
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$18.17
High Stock Price Target: C$20.00
Low Stock Price Target: C$15.00
Potential Upside/Downside: +12.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.21
Trailing P/E Ratio: 13.30
Forward P/E Ratio: 12.51
P/E Growth: 10.78
Net Income: C$97.54 million
Net Margins: 26.41%
Pretax Margin: N/A
Return on Equity: 24.51%
Return on Assets: 17.52%

Debt

Debt-to-Equity Ratio: 3.24
Current Ratio: 4.84
Quick Ratio: 3.54

Sales & Book Value

Annual Sales: C$369.31 million
Price / Sales: 3.46
Cash Flow: C$2.57 per share
Price / Cash Flow: 6.26
Book Value: C$5.12 per share
Price / Book: 3.14

Miscellaneous

Outstanding Shares: 79,470,000
Free Float: N/A
Market Cap: C$1.28 billion
Optionable: Not Optionable
Beta: 1.69

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Key Executives

Mr. Jon Faber C.F.A. (Age 44)
CPA, CBV, President, CEO & Non-Independent Director
Comp: $1.03M
Ms. Celine Boston
Chief Financial Officer
Mr. Bryce McLean
Vice President of Operations
Mr. Lars Olesen
Vice President of Product & Technology
Ms. Natalie Fenez
VP of Legal & Corporate Secretary
Ms. Heather Hantos
Vice President of Human Resources
Mr. Timur Kuru (Age 49)
President & GM of United States
Comp: $1.04M
Mr. Ben Thomas
Director of Support Services - United States Business Unit

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

PSI Stock Analysis - Frequently Asked Questions

Should I buy or sell Pason Systems stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pason Systems in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PSI shares.
View PSI analyst ratings or view top-rated stocks.
What is Pason Systems' stock price target for 2024?: 6 brokers have issued 12 month price objectives for Pason Systems' shares. Their PSI share price targets range from C$15.00 to C$20.00. On average, they expect the company's share price to reach C$18.17 in the next twelve months. This suggests a possible upside of 12.9% from the stock's current price.
View analysts price targets for PSI or view top-rated stocks among Wall Street analysts.
How have PSI shares performed in 2024?: Pason Systems' stock was trading at C$16.17 at the beginning of 2024. Since then, PSI stock has decreased by 0.5% and is now trading at C$16.09.
View the best growth stocks for 2024 here.
When is Pason Systems' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our PSI earnings forecast.
How were Pason Systems' earnings last quarter?: Pason Systems Inc. (TSE:PSI) issued its quarterly earnings data on Wednesday, February, 28th. The company reported $0.11 earnings per share (EPS) for the quarter. The company earned $93.30 million during the quarter, compared to analysts' expectations of $86.65 million. Pason Systems had a net margin of 26.41% and a trailing twelve-month return on equity of 24.51%.

How often does Pason Systems pay dividends? What is the dividend yield for Pason Systems?: Pason Systems declared a quarterly dividend on Thursday, March 14th. Investors of record on Friday, March 29th will be given a dividend of 0.13 per share on Friday, March 29th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date of this dividend is Thursday, March 14th. This is a positive change from the stock's previous quarterly dividend of C$0.12.
Read our dividend analysis for PSI.
Is Pason Systems a good dividend stock?: Pason Systems (TSE:PSI) pays an annual dividend of C$0.52 per share and currently has a dividend yield of 3.27%. The dividend payout ratio is 42.98%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PSI.
What other stocks do shareholders of Pason Systems own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Pason Systems investors own include Jean Coutu Group (PJC.A), Lightspeed Commerce (LSPD), Onex (ONEX), Bank of Nova Scotia (BNS), National (NHLD), Bank of America (BAC), Brookfield Property Partners (BPY.UN), Air Canada (AC), Cenovus Energy (CVE) and Canadian Western Bank (CWB).
How do I buy shares of Pason Systems?: Shares of PSI stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:PSI) was last updated on 4/18/2024 by MarketBeat.com Staff

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Pason Systems (PSI) Stock Price, News & Analysis

Pason Systems MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Pason Systems Stock (TSE:PSI)

PSI Stock Price History

PSI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

PSI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™