Stock Survey: Halliburton Company (NYSE:HAL)
- Author: Salvatore Jensen Apr 20, 2017,
Apr 20, 2017, 15:25
Halliburton Company (HAL), a stock from Oil & Gas Equipment & Services Industry, has a value of $49.33 per share, noted a price change of -1.36% in recent trade close.
Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Halliburton Company the EPS stands at 0.04 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.02, suggesting the stock exceeded the analysts' expectations.
Relative strength index (RSI-14) for Halliburton Company (HAL) is at 33.38. Sanford C. Bernstein started coverage on shares of Halliburton Company in a research report on Thursday, December 1st. Jefferies Group LLC reiterated a "buy" rating and issued a $70.00 target price on shares of Halliburton Company in a research note on Monday, April 3rd.
Halliburton Company (HAL) has been given an average price target of $63.23 from analysts, according to data collected by Finviz.
01/06/2014 - Halliburton Company was upgraded to " by analysts at Wells Fargo. Halliburton Company presently has a consensus rating of Buy and an average target price of $59.69. Two research analysts have rated the stock with a sell rating, four have given a hold rating, thirty-one have assigned a buy rating and one has assigned a strong buy rating to the stock.
Square (NYSE:SQ), stock is trading $18.17 above the 52-week high. We see here that Halliburton Company (NYSE:HAL) is -1.76% away from the 20-Day Simple Moving Average. The company has market cap of $41.06 billion. Halliburton Company has a 52-week low of $29.27 and a 52-week high of $58.78. The company's 50 day moving average price is $50.78 and its 200-day moving average price is $51.33.
Halliburton Company (NYSE:HAL)'s earnings per share has been growing at a -32.3 percent rate over the past 5 year when average revenue increase was noted as -8.5 percent. The oilfield services company reported $0.04 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.02 by $0.02. The company has market cap of $3.74 billion. The company's net profit margin has achieved the current level of -36.3 percent and possesses 5.4 percent gross margin.
The company reported an impressive total revenue of 15.89 Billion in the last fiscal year. During the same period previous year, the firm posted $0.31 EPS.
26 analysts on average are expecting the company to report revenue of $4.78 Billion for the current quarter. Shareholders of record on Wednesday, March 1st were given a $0.18 dividend. Its down 0.05, from 1.07 in 2016Q3. The ex-dividend date of this dividend is Monday, February 27th. Halliburton Company's payout ratio is presently -10.75%. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of U.S. and worldwide trademark and copyright law. The original version of this piece can be read at https://www.thecerbatgem.com/2017/04/19/scotiabank-reiterates-62-00-price-target-for-halliburton-company-hal-updated-updated.html.
ROA ratio indicates how profitable a company is relative to its total assets. The company's institutional ownership is monitored at 82.5 percent.
In other Halliburton Company news, insider Myrtle L. Jones sold 726 shares of Halliburton Company stock in a transaction on Wednesday, March 8th. They set a "buy" rating and a $72.00 price target on the stock. The disclosure for this sale can be found here. Insiders have sold 5,717 shares of company stock valued at $321,990 in the last three months.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Independent Advisor Alliance acquired a new position in Halliburton Company during the fourth quarter worth $101,000. Israel Discount Bank of New York GFN acquired a new position in shares of Halliburton Company during the fourth quarter worth approximately $100,000. Atria Investments LLC's holdings in Halliburton Company were worth $595,000 at the end of the most recent reporting period. Aviva PLC boosted its position in shares of Halliburton Company by 7.0% in the fourth quarter. IndexIQ Advisors LLC boosted its stake in Halliburton Company by 114.4% in the third quarter. The average analysts gave this company a mean recommendation of 2.10.
Halliburton Company is a provider of services and products to the upstream oil and natural gas industry.