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The price of Halliburton Co. (NYSE: HAL) closed at $38.04 in the last session, down -1.04% from day before closing price of $38.44. In other words, the price has decreased by -$1.04 from its previous closing price. On the day, 4.7 million shares were traded. HAL stock price reached its highest trading level at $38.8275 during the session, while it also had its lowest trading level at $37.865.
Ratios:
We take a closer look at HAL’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.29. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 2.06. In the meantime, Its Debt-to-Equity ratio is 0.94 whereas as Long-Term Debt/Eq ratio is at 0.91.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on January 24, 2024, Reiterated its Outperform rating but revised its target price to $51 from $49 previously.
On June 07, 2023, CapitalOne started tracking the stock assigning a Overweight rating and target price of $41.
On April 19, 2023, UBS started tracking the stock assigning a Buy rating and target price of $49.UBS initiated its Buy rating on April 19, 2023, with a $49 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 05 ’24 when Banks Margaret Katherine sold 5,000 shares for $35.30 per share. The transaction valued at 176,500 led to the insider holds 9,625 shares of the business.
Miller Jeffrey Allen sold 377,000 shares of HAL for $13,308,100 on Mar 04 ’24. The Director, President & CEO now owns 759,015 shares after completing the transaction at $35.30 per share. On Oct 20 ’23, another insider, Beckwith Van H., who serves as the EVP, Secretary and CLO of the company, sold 5,000 shares for $42.94 each. As a result, the insider received 214,700 and left with 176,334 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HAL now has a Market Capitalization of 33718808576 and an Enterprise Value of 40610463744. As of this moment, Halliburton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.01, and their Forward P/E ratio for the next fiscal year is 9.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.47 while its Price-to-Book (P/B) ratio in mrq is 3.60. Its current Enterprise Value per Revenue stands at 1.764 whereas that against EBITDA is 7.993.
Stock Price History:
Over the past 52 weeks, HAL has reached a high of $43.85, while it has fallen to a 52-week low of $27.84. The 50-Day Moving Average of the stock is 2.41%, while the 200-Day Moving Average is calculated to be 0.21%.
Shares Statistics:
According to the various share statistics, HAL traded on average about 7.27M shares per day over the past 3-months and 5460980 shares per day over the past 10 days. A total of 889.00M shares are outstanding, with a floating share count of 886.11M. Insiders hold about 0.45% of the company’s shares, while institutions hold 86.47% stake in the company. Shares short for HAL as of 1711584000 were 23739525 with a Short Ratio of 3.26, compared to 1709164800 on 22259537. Therefore, it implies a Short% of Shares Outstanding of 23739525 and a Short% of Float of 3.58.
Dividends & Splits
The forward annual dividend rate for HAL is 0.65, which was 0.64 in the trailing 12 months. The stock’s 5-year Average Dividend Yield is 2.2.
Earnings Estimates
Its stock is currently analyzed by HAO different market analysts. The consensus estimate for the next quarter is $48.74, with high estimates of $47.88 and low estimates of $13.89.
Analysts are recommending an EPS of between $Industrials and $Industrials for the fiscal current year, implying an average EPS of $Industrials.
