For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $42.74 in the prior trading day, Schlumberger Ltd (NYSE: SLB) closed at $42.02, down -1.68%. In other words, the price has decreased by -$1.68 from its previous closing price. On the day, 8.46 million shares were traded. SLB stock price reached its highest trading level at $43.15 during the session, while it also had its lowest trading level at $41.96.
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 13.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.16. For the most recent quarter (mrq), Quick Ratio is recorded 1.12 and its Current Ratio is at 1.48. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.55.
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 October 21, 2024, Reiterated its Buy rating but revised its target price to $65 from $68 previously.
On July 22, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $62 to $64.
Wells Fargo Downgraded its Overweight to Equal Weight on April 29, 2024, whereas the target price for the stock was revised from $68 to $53.
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 13 ’24 when Biguet Stephane sold 11,520 shares for $44.47 per share. The transaction valued at 512,294 led to the insider holds 191,556 shares of the business.
Biguet Stephane bought 11,520 shares of SLB for $512,294 on Nov 13 ’24. On Oct 24 ’24, another insider, Merad Abdellah, who serves as the EVP, Core Services & Equipment of the company, sold 60,000 shares for $41.90 each. As a result, the insider received 2,514,000 and left with 211,937 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 60355424256 and an Enterprise Value of 69069725696. As of this moment, Schlumberger’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.53, and their Forward P/E ratio for the next fiscal year is 11.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.65 while its Price-to-Book (P/B) ratio in mrq is 2.76. Its current Enterprise Value per Revenue stands at 1.919 whereas that against EBITDA is 8.495.
Stock Price History:
Over the past 52 weeks, SLB has reached a high of $55.69, while it has fallen to a 52-week low of $38.66. The 50-Day Moving Average of the stock is -2.27%, while the 200-Day Moving Average is calculated to be -9.21%.
Shares Statistics:
The stock has traded on average 12.66M shares per day over the past 3-months and 9285220 shares per day over the last 10 days, according to various share statistics. A total of 1.41B shares are outstanding, with a floating share count of 1.41B. Insiders hold about 0.21% of the company’s shares, while institutions hold 84.63% stake in the company. Shares short for SLB as of 1731628800 were 43359183 with a Short Ratio of 3.43, compared to 1728950400 on 38711394. Therefore, it implies a Short% of Shares Outstanding of 43359183 and a Short% of Float of 3.08.
Dividends & Splits
In the trailing 12 months, SLB’s forward annual dividend rate was 1.075, compared to 1.35 this year. Against a Trailing Annual Dividend Yield of 0.025152082The stock’s 5-year Average Dividend Yield is 2.89.
