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Schlumberger Ltd. (NYSE: SLB) closed the day trading at $46.24 up 0.22% from the previous closing price of $46.14. In other words, the price has increased by $0.22 from its previous closing price. On the day, 5.47 million shares were traded. SLB stock price reached its highest trading level at $46.35 during the session, while it also had its lowest trading level at $45.78.
Ratios:
For a better understanding of SLB, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.04. 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 0.59 whereas as Long-Term Debt/Eq ratio is at 0.52.
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 the company, Wells Fargo on April 29, 2024, Downgraded its rating to Equal Weight and sets its target price to $53 from $68 previously.
On April 22, 2024, TD Cowen reiterated its Buy rating and also upped its target price recommendation from $64 to $63.
On October 09, 2023, Societe Generale started tracking the stock assigning a Buy rating and target price of $81.Societe Generale initiated its Buy rating on October 09, 2023, with a $81 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 Jun 07 ’24 when Rando Bejar Carmen sold 4,980 shares for $43.43 per share. The transaction valued at 216,281 led to the insider holds 22,518 shares of the business.
Rennick Gavin sold 38,083 shares of SLB for $1,838,647 on May 22 ’24. The President New Energy now owns 45,851 shares after completing the transaction at $48.28 per share. On May 14 ’24, another insider, Pafitis Demosthenis, who serves as the Chief Technology Officer of the company, sold 63,095 shares for $48.26 each. As a result, the insider received 3,044,965 and left with 33,421 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 66092687360 and an Enterprise Value of 76067577856. As of this moment, Schlumberger’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.40, and their Forward P/E ratio for the next fiscal year is 11.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.94 while its Price-to-Book (P/B) ratio in mrq is 3.19. Its current Enterprise Value per Revenue stands at 2.23 whereas that against EBITDA is 10.149.
Stock Price History:
The Beta on a monthly basis for SLB is 1.56, which has changed by -0.1750223 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. Over the past 52 weeks, SLB has reached a high of $62.12, while it has fallen to a 52-week low of $42.61. The 50-Day Moving Average of the stock is -0.83%, while the 200-Day Moving Average is calculated to be -9.90%.
Shares Statistics:
Over the past 3-months, SLB traded about 11.05M shares per day on average, while over the past 10 days, SLB traded about 10741870 shares per day. A total of 1.43B shares are outstanding, with a floating share count of 1.43B. Insiders hold about 0.21% of the company’s shares, while institutions hold 83.99% stake in the company. Shares short for SLB as of 1718323200 were 31883412 with a Short Ratio of 2.88, compared to 1715731200 on 28101499. Therefore, it implies a Short% of Shares Outstanding of 31883412 and a Short% of Float of 2.2399999999999998.
Dividends & Splits
SLB’s forward annual dividend rate is 1.05, up from 1.025 a year ago. Against a Trailing Annual Dividend Yield of 0.022214998The stock’s 5-year Average Dividend Yield is 3.16. The current Payout Ratio is 34.33% for SLB, which recently paid a dividend on 2024-06-05 with an ex-dividend date of 1717545600. Stock splits for the company last occurred on 2006-04-10 when the company split stock in a 2:1 ratio.
