Is Schlumberger Limited (NYSE:SLB) an excellent stock to buy at the moment?

After finishing at $51.76 in the prior trading day, Schlumberger Limited (NYSE: SLB) closed at $52.79, up 1.99%. In other words, the price has increased by $+1.03 from its previous closing price. On the day, 9368999 shares were traded. SLB stock price reached its highest trading level at $52.88 during the session, while it also had its lowest trading level at $51.29.

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Ratios:

Our goal is to gain a better understanding of SLB by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 44.12. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.72.

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, Jefferies on October 19, 2022, initiated with a Buy rating and assigned the stock a target price of $59.

The Benchmark Company Upgraded its Hold to Buy on July 27, 2022, while the target price for the stock was maintained at $55.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 16 when Kasibhatla Vijay sold 14,000 shares for $54.15 per share. The transaction valued at 758,100 led to the insider holds 32,932 shares of the business.

Al Mogharbel Khaled sold 57,467 shares of SLB for $3,152,122 on Nov 14. The EVP, Geographies now owns 183,551 shares after completing the transaction at $54.85 per share. On Nov 11, another insider, Rennick Gavin, who serves as the President New Energy of the company, sold 21,368 shares for $54.85 each. As a result, the insider received 1,172,012 and left with 32,565 shares of the company.

Valuation Measures:

As of this moment, Schlumberger’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.49, and their Forward P/E ratio for the next fiscal year is 17.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.95 while its Price-to-Book (P/B) ratio in mrq is 4.35.

Stock Price History:

Over the past 52 weeks, SLB has reached a high of $56.04, while it has fallen to a 52-week low of $27.65. The 50-Day Moving Average of the stock is 47.53, while the 200-Day Moving Average is calculated to be 41.49.

Shares Statistics:

The stock has traded on average 14.00M shares per day over the past 3-months and 11.83M shares per day over the last 10 days, according to various share statistics. A total of 1.42B shares are outstanding, with a floating share count of 1.42B. Insiders hold about 0.15% of the company’s shares, while institutions hold 85.70% stake in the company. Shares short for SLB as of Oct 13, 2022 were 31.65M with a Short Ratio of 27.64M, compared to 25.52M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 2.23% and a Short% of Float of 2.24%.

Dividends & Splits

In the trailing 12 months, SLB’s forward annual dividend rate was 0.50, compared to 0.70 this year. Against a Trailing Annual Dividend Yield of 0.97%, it implies a Forward Annual Dividend Yield of 1.34%. The stock’s 5-year Average Dividend Yield is 3.89. The current Payout Ratio is 28.50% for SLB, which recently paid a dividend on Jan 11, 2023 with an ex-dividend date of Dec 05, 2022. Stock splits for the company last occurred on Apr 09, 2006 when the company split stock in a 2:1 ratio.

Earnings Estimates

Its stock is currently analyzed by 13 different market analysts. On average, analysts expect EPS of $0.55 for the current quarter, with a high estimate of $0.55 and a low estimate of $0.54, while EPS last year was $0.32. The consensus estimate for the next quarter is $0.67, with high estimates of $0.68 and low estimates of $0.62.

Analysts are recommending an EPS of between $2.14 and $2.09 for the fiscal current year, implying an average EPS of $2.12. EPS for the following year is $2.89, with 11 analysts recommending between $3.07 and $2.57.

Revenue Estimates

12 analysts predict $6.98B in revenue for the current quarter. It ranges from a high estimate of $7.09B to a low estimate of $6.65B. As of the current estimate, Schlumberger Limited’s year-ago sales were $5.28B, an estimated increase of 32.20% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $7.72B, an increase of 36.20% over than the figure of $32.20% in the same quarter last year. There is a high estimate of $7.76B for the next quarter, whereas the lowest estimate is $7.69B.

A total of 8 analysts have provided revenue estimates for SLB’s current fiscal year. The highest revenue estimate was $27.79B, while the lowest revenue estimate was $27.04B, resulting in an average revenue estimate of $27.66B. In the same quarter a year ago, actual revenue was $20.88B, up 32.50% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $32B in the next fiscal year. The high estimate is $33.26B and the low estimate is $31.24B. The average revenue growth estimate for next year is up 15.70% from the average revenue estimate for this year.