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.
In the latest session, Halliburton Co (NYSE: HAL) closed at $27.25 down -1.98% from its previous closing price of $27.80. In other words, the price has decreased by -$1.98 from its previous closing price. On the day, 14.33 million shares were traded. HAL stock price reached its highest trading level at $28.1 during the session, while it also had its lowest trading level at $27.21.
Ratios:
For a deeper understanding of Halliburton Co’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.88. For the most recent quarter (mrq), Quick Ratio is recorded 1.54 and its Current Ratio is at 2.05. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.76.
On December 19, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $36.Piper Sandler initiated its Overweight rating on December 19, 2024, with a $36 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 15 ’25 when Jones Myrtle L bought 10,487 shares for $29.02 per share.
Beckwith Van H. sold 10,000 shares of HAL for $367,500 on Jul 18 ’24. The EVP, Secretary and CLO now owns 273,908 shares after completing the transaction at $36.75 per share. On May 20 ’24, another insider, Geer Charles Jr., who serves as the SVP & Chief Accounting Officer of the company, sold 3,000 shares for $38.00 each. As a result, the insider received 114,000 and left with 97,084 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 23939180544 and an Enterprise Value of 32515164160. As of this moment, Halliburton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.62, and their Forward P/E ratio for the next fiscal year is 8.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.04 while its Price-to-Book (P/B) ratio in mrq is 2.32. Its current Enterprise Value per Revenue stands at 1.409 whereas that against EBITDA is 6.361.
Stock Price History:
The Beta on a monthly basis for HAL is 1.91, which has changed by -0.24477047 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. Over the past 52 weeks, HAL has reached a high of $41.56, while it has fallen to a 52-week low of $25.51. The 50-Day Moving Average of the stock is -5.71%, while the 200-Day Moving Average is calculated to be -14.57%.
Shares Statistics:
For the past three months, HAL has traded an average of 9.88M shares per day and 12516040 over the past ten days. A total of 878.50M shares are outstanding, with a floating share count of 874.48M. Insiders hold about 0.46% of the company’s shares, while institutions hold 85.77% stake in the company. Shares short for HAL as of 1735603200 were 29443907 with a Short Ratio of 2.98, compared to 1732838400 on 23198135. Therefore, it implies a Short% of Shares Outstanding of 29443907 and a Short% of Float of 4.4899996.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.02. The current Payout Ratio is 24.03% for HAL, which recently paid a dividend on 2024-12-04 with an ex-dividend date of 1733270400. Stock splits for the company last occurred on 2006-07-17 when the company split stock in a 2:1 ratio.
