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The closing price of Halliburton Co. (NYSE: HAL) was $30.73 for the day, up 1.22% from the previous closing price of $30.36. In other words, the price has increased by $1.22 from its previous closing price. On the day, 5.68 million shares were traded. HAL stock price reached its highest trading level at $30.97 during the session, while it also had its lowest trading level at $30.21.
Ratios:
Our analysis of HAL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.46. For the most recent quarter (mrq), Quick Ratio is recorded 1.54 and its Current Ratio is at 2.13. In the meantime, Its Debt-to-Equity ratio is 0.87 whereas as Long-Term Debt/Eq ratio is at 0.85.
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, RBC Capital Mkts on September 13, 2024, Downgraded its rating to Sector Perform and sets its target price to $37 from $44 previously.
On July 22, 2024, TD Cowen reiterated its Buy rating and also upped its target price recommendation from $47 to $45.
TD Cowen reiterated its Buy rating for the stock on April 24, 2024, while the target price for the stock was revised from $47 to $48.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 18 ’24 when Beckwith Van H. sold 10,000 shares for $36.75 per share. The transaction valued at 367,500 led to the insider holds 273,908 shares of the business.
Geer Charles Jr. sold 3,000 shares of HAL for $114,000 on May 20 ’24. The SVP & Chief Accounting Officer now owns 97,084 shares after completing the transaction at $38.00 per share. On May 20 ’24, another insider, Sharp Jill D., who serves as the SVP Internal Assurance Svcs. of the company, sold 6,933 shares for $38.00 each. As a result, the insider received 263,454 and left with 33,251 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 27129333760 and an Enterprise Value of 33438672896. As of this moment, Halliburton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.21, and their Forward P/E ratio for the next fiscal year is 8.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 2.71. Its current Enterprise Value per Revenue stands at 1.443 whereas that against EBITDA is 6.48.
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 $27.52. The 50-Day Moving Average of the stock is 1.65%, while the 200-Day Moving Average is calculated to be -11.16%.
Shares Statistics:
HAL traded an average of 9.26M shares per day over the past three months and 11049500 shares per day over the past ten days. A total of 889.00M shares are outstanding, with a floating share count of 879.02M. Insiders hold about 0.43% of the company’s shares, while institutions hold 89.26% stake in the company. Shares short for HAL as of 1727654400 were 26361699 with a Short Ratio of 2.85, compared to 1724976000 on 25232725. Therefore, it implies a Short% of Shares Outstanding of 26361699 and a Short% of Float of 4.0.
Dividends & Splits
With its trailing 12-month dividend rate of 0.66, HAL has a forward annual dividend rate of 0.67. Against a Trailing Annual Dividend Yield of 0.02173913The stock’s 5-year Average Dividend Yield is 2.07.
