AKT-A:CA:TSX-AKITA Drilling Ltd (CAD)

COMMON STOCK | Oil & Gas Drilling | TSX

Last Closing Price

CAD 1.20

Change

-0.02 (-1.64)%

Market Cap

CAD 0.05B

Volume

7.25K

Avg Analyst Target

CAD 1.68 (+39.58%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

AKITA Drilling Ltd (AKT-A) Stock Analysis:
Based on the AKITA Drilling Ltd stock forecasts from 1 analysts, the average analyst target price for AKITA Drilling Ltd is CAD 1.68 over the next 12 months. AKITA Drilling Ltd’s average analyst rating is Hold . Stock Target Advisor’s own stock analysis of AKITA Drilling Ltd is Bullish , which is based on 3 positive signals and 1 negative signals. At the last closing, AKITA Drilling Ltd’s stock price was CAD 1.20. AKITA Drilling Ltd’s stock price has changed by +0.08% over the past week, +0.38% over the past month and +0.00% over the last year.

About

AKITA Drilling Ltd. provides contract drilling services in Canada and the United States. The company is involved in the drilling of oil and gas wells; other forms of drilling related to potash mining; and development of storage caverns. It specializes in pad and other purpose-bui ...Read More

Company Website : https://www.akita-drilling.com

Address : 1000, 333 ? 7th Avenue S.W., Calgary, AB, Canada, T2P 2Z1

Employees : 1,055

Fiscal Year End : December

Currency: CAD

Country : Canada

Technical Indicators

Beta : 1.36

52 Week High : 1.54

Short Ratio : 1.74

52 Week Low : 0.56

Shorted Shares : 22,493

200 Day Moving Average : 1.03

Shorted Shares Previous Month : 18,197

50 Day Moving Average : 0.97

Shares Held By Insiders : 14.39%

Short Percentage : 0.02%

Shares Held by Institutions : 37.90%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-01-19 )

Largest Industry Peers for Oil & Gas Drilling

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
PD:CA Precision Drilling Corporation

-1.09 (-1.92%)

 CAD0.75B 75.00 9.20
ESI:CA Ensign Energy Services Inc

-0.03 (-1.35%)

 CAD0.35B 6.53 7.30
PHX:CA PHX Energy Services Corp

-0.08 (-1.58%)

 CAD0.25B 16.15 4.77
CET:CA Cathedral Energy Services Ltd

-0.01 (-2.13%)

 CAD0.04B 244.80 14.56
WRG:CA Western Energy Services Corp

N/A

 CAD0.03B N/A 13.60

ETFs Containing AKT-A:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Oil & Gas Drilling)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 27.66% 83% B 99% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 27.66% 83% B 99% A+
Trailing 12 Months  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) N/A N/A N/A N/A N/A
Risk Adjusted Return N/A N/A N/A N/A N/A
Market Capitalization 0.05B 50% F 20% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas Drilling)		 Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio N/A N/A N/A N/A N/A
Price/Book Ratio 0.28 67% D+ 99% A+
Price / Cash Flow Ratio 2.20 67% D+ 75% C
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity -27.67% 33% F 12% F
Return on Invested Capital -2.93% 50% F 27% F
Return on Assets -5.03% 33% F 15% F
Debt to Equity Ratio 48.80% 80% B- 55% F
Technical Ratios  
Short Ratio 1.74 67% D+ 48% F
Short Percent 0.02% 100% A+ 93% A
Beta 1.36 100% A+ 30% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date
New Post

No discussions yet

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.