Here’s how analysts see Parker Drilling Company (NYSE:PKD) after this past week.

March 14, 2018 - By Stephen Andrade

 Here's how analysts see Parker Drilling Company (NYSE:PKD) after this past week.
Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.27, from 1.22 in 2017Q2. It dropped, 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.
Bridgeway Cap Management invested in 0.02% or 1.32M shares. Ameriprise Fincl invested in 35,125 shares. Moreover, Voya Inv Mgmt Limited Liability has 0% invested in Parker Drilling Company (NYSE:PKD). Us Bank & Trust De has invested 0% in Parker Drilling Company (NYSE:PKD). Citigroup accumulated 46,287 shares or 0% of the stock. California Public Employees Retirement System accumulated 798,762 shares. Dimensional Fund Advsr L P reported 9.43 million shares. Panagora Asset Inc owns 298,595 shares. Rothschild Asset Mgmt holds 402,043 shares or 0% of its portfolio. State Board Of Administration Of Florida Retirement reported 124,081 shares. Maryland-based Price T Rowe Associates Md has invested 0% in Parker Drilling Company (NYSE:PKD). Blackrock Inc holds 8.75 million shares. The Illinois-based Northern Trust has invested 0% in Parker Drilling Company (NYSE:PKD). Wilsey Asset reported 1.66% stake. D E Shaw And Com holds 0% or 203,318 shares.

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. DA Davidson initiated Parker Drilling Company (NYSE:PKD) on Thursday, October 6 with “Buy” rating. The firm earned “Hold” rating on Wednesday, September 9 by Tudor Pickering. The rating was downgraded by TheStreet on Friday, August 7 to “Sell”. Tudor Pickering initiated the stock with “Hold” rating in Friday, March 24 report. On Wednesday, August 31 the stock rating was upgraded by Edward Jones to “Buy”. The firm has “Buy” rating by Sidoti given on Wednesday, September 23. Below is a list of Parker Drilling Company (NYSE:PKD) latest ratings and price target changes.

The stock decreased 2.70% or $0.0218 during the last trading session, reaching $0.7865. About 2.46 million shares traded or 179.79% up from the average. Parker Drilling Company (NYSE:PKD) has declined 34.68% since March 14, 2017 and is downtrending. It has underperformed by 51.38% the S&P500.

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 $109.25 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.

More news for Parker Drilling Company (NYSE:PKD) were recently published by:, which released: “Parker Drilling Reports 2017 Fourth Quarter Results and Amendment to Credit …” on February 14, 2018.‘s article titled: “Parker Drilling Announces March 2018 Mandatory Convertible Preferred Stock …” and published on February 28, 2018 is yet another important article.

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