2 weeks Ago By Defense World Staff
Shares of Halliburton ( NYSE:HAL – Get Free Report ) have been given a consensus rating of “Moderate Buy” by the twenty ratings firms that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating on the company.
The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $40.79. Several equities research analysts have weighed in on HAL shares.
Stifel Nicolaus cut their price target on Halliburton from $45.00 to $42.00 and set a “buy” rating on the stock in a report on Friday, October 11th.
TD Cowen cut their target price on shares of Halliburton from $47.00 to $45.00 and set a “buy” rating on the stock in a research note on Monday, July 22nd.
Royal Bank of Canada downgraded shares of Halliburton from an “outperform” rating to a “sector perform” rating and decreased their price target for the stock from $44.00 to $37.00 in a research note on Friday, September 13th.
The Goldman Sachs Group dropped their price objective on shares of Halliburton from $47.00 to $40.00 and set a “buy” rating on the stock in a research report on Thursday, August 29th.
Finally, Bank of America decreased their price objective on shares of Halliburton from $40.00 to $38.00 and set a “buy” rating for the company in a research report on Monday, October 14th.
Check Out Our Latest Stock Analysis on HAL Institutional Investors Weigh In On Halliburton Halliburton Trading Up 0.2 % Shares of HAL stock opened at $30.19 on Wednesday.
Halliburton has a fifty-two week low of $27.26 and a fifty-two week high of $41.56.
The company has a 50 day moving average price of $29.08 and a 200 day moving average price of $32.39.
The stock has a market capitalization of $26.65 billion, a P/E ratio of 10.52, a price-to-earnings-growth ratio of 1.
93 and a beta of 1.89. The company has a debt-to-equity ratio of 0.
74, a quick ratio of 1.54 and a current ratio of 2.21.
Halliburton ( NYSE:HAL – Get Free Report ) last posted its quarterly earnings results on Thursday, November 7th. The oilfield services company reported $0.73 EPS for the quarter, missing the consensus estimate of $0.
75 by ($0.02). The business had revenue of $5.
70 billion during the quarter, compared to analyst estimates of $5.83 billion. Halliburton had a return on equity of 28.
33% and a net margin of 11.04%. The business’s revenue was down 1.
8% on a year-over-year basis. During the same quarter last year, the firm earned $0.79 EPS.
Equities research analysts predict that Halliburton will post 3.09 EPS for the current fiscal year. Halliburton Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 25th.
Investors of record on Wednesday, September 4th were given a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, September 4th.
This represents a $0.68 annualized dividend and a yield of 2.25%.
Halliburton’s dividend payout ratio (DPR) is 23.69%. About Halliburton ( Get Free Report Halliburton Company provides products and services to the energy industry worldwide.
It operates through two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; and completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems. Read More Five stocks we like better than Halliburton Following Congress Stock Trades Home Depot Stock: Targeting 12% in 2024 and 25% More in 2025 The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number Is Tesla’s Valuation a Bubble or Backed by Real Growth? How to Invest in Biotech Stocks Trucking Stocks Led the Pack Last Week: Can They Keep Rolling? Receive News & Ratings for Halliburton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Halliburton and related companies with MarketBeat.
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