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In the latest session, Schlumberger Ltd. (NYSE: SLB) closed at $42.95 down -3.91% from its previous closing price of $44.70. In other words, the price has decreased by -$3.91 from its previous closing price. On the day, 10.23 million shares were traded. SLB stock price reached its highest trading level at $43.91 during the session, while it also had its lowest trading level at $42.89.
Ratios:
For a deeper understanding of Schlumberger Ltd.’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 15.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.43. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.49. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.58.
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 July 22, 2024, Reiterated its Buy rating but revised its target price to $64 from $62 previously.
On April 29, 2024, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $68 to $53.
TD Cowen reiterated its Buy rating for the stock on April 22, 2024, while the target price for the stock was revised from $64 to $63.
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 Jul 22 ’24 when Biguet Stephane sold 50,048 shares for $49.94 per share. The transaction valued at 2,499,397 led to the insider holds 203,076 shares of the business.
Al Mogharbel Khaled sold 120,668 shares of SLB for $6,056,484 on Jul 22 ’24. The EVP, Geographies now owns 247,699 shares after completing the transaction at $50.19 per share. On Jul 22 ’24, another insider, Kasibhatla Vijay, who serves as the Director, M&A of the company, sold 10,000 shares for $49.29 each. As a result, the insider received 492,900 and left with 62,354 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 60982128640 and an Enterprise Value of 71552180224. As of this moment, Schlumberger’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.05, and their Forward P/E ratio for the next fiscal year is 10.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.73 while its Price-to-Book (P/B) ratio in mrq is 2.89. Its current Enterprise Value per Revenue stands at 2.036 whereas that against EBITDA is 9.101.
Stock Price History:
Over the past 52 weeks, SLB has reached a high of $61.20, while it has fallen to a 52-week low of $38.66. The 50-Day Moving Average of the stock is -0.34%, while the 200-Day Moving Average is calculated to be -9.63%.
Shares Statistics:
For the past three months, SLB has traded an average of 10.87M shares per day and 10790860 over the past ten days. A total of 1.43B shares are outstanding, with a floating share count of 1.42B. Insiders hold about 0.20% of the company’s shares, while institutions hold 85.28% stake in the company. Shares short for SLB as of 1727654400 were 37830347 with a Short Ratio of 3.48, compared to 1724976000 on 38910384. Therefore, it implies a Short% of Shares Outstanding of 37830347 and a Short% of Float of 2.6700001.
Dividends & Splits
According to the company, the forward annual dividend rate for SLB is 1.07, from 1.05 in the trailing year. Against a Trailing Annual Dividend Yield of 0.023489932The stock’s 5-year Average Dividend Yield is 2.99.
