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After finishing at $49.51 in the prior trading day, Schlumberger Ltd. (NYSE: SLB) closed at $49.55, up 0.08%. In other words, the price has increased by $0.08 from its previous closing price. On the day, 11.14 million shares were traded. SLB stock price reached its highest trading level at $49.84 during the session, while it also had its lowest trading level at $48.93.
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 20.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.01. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.37. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.49.
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 April 22, 2024, Reiterated its Buy rating but revised its target price to $63 from $64 previously.
On October 09, 2023, Societe Generale started tracking the stock assigning a Buy rating and target price of $81.
On June 07, 2023, CapitalOne started tracking the stock assigning a Overweight rating and target price of $63.CapitalOne initiated its Overweight rating on June 07, 2023, with a $63 target price.
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 Feb 26 ’24 when Merad Abdellah sold 50,000 shares for $48.52 per share. The transaction valued at 2,426,000 led to the insider holds 261,507 shares of the business.
Biguet Stephane sold 6,250 shares of SLB for $304,000 on Feb 26 ’24. The EVP & CFO now owns 242,932 shares after completing the transaction at $48.64 per share. On Feb 01 ’24, another insider, Rennick Gavin, who serves as the President New Energy of the company, sold 20,045 shares for $48.77 each. As a result, the insider received 977,494 and left with 77,563 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, SLB now has a Market Capitalization of 70823796736 and an Enterprise Value of 79428788224. As of this moment, Schlumberger’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.49, and their Forward P/E ratio for the next fiscal year is 11.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.07 while its Price-to-Book (P/B) ratio in mrq is 3.23. Its current Enterprise Value per Revenue stands at 2.329 whereas that against EBITDA is 10.829.
Stock Price History:
Over the past 52 weeks, SLB has reached a high of $62.12, while it has fallen to a 52-week low of $42.73. The 50-Day Moving Average of the stock is -3.75%, while the 200-Day Moving Average is calculated to be -8.68%.
Shares Statistics:
The stock has traded on average 10.74M shares per day over the past 3-months and 10362750 shares per day over the last 10 days, according to various share statistics. A total of 1.43B shares are outstanding, with a floating share count of 1.42B. Insiders hold about 0.21% of the company’s shares, while institutions hold 84.29% stake in the company. Shares short for SLB as of 1711584000 were 19392936 with a Short Ratio of 1.80, compared to 1709164800 on 21209011. Therefore, it implies a Short% of Shares Outstanding of 19392936 and a Short% of Float of 1.3599999999999999.
Dividends & Splits
In the trailing 12 months, SLB’s forward annual dividend rate was 1.025, compared to 1.02 this year. Against a Trailing Annual Dividend Yield of 0.02070289The stock’s 5-year Average Dividend Yield is 3.31.
