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After finishing at $33.10 in the prior trading day, Halliburton Co. (NYSE: HAL) closed at $33.21, up 0.33%. In other words, the price has increased by $0.33 from its previous closing price. On the day, 4.9 million shares were traded. HAL stock price reached its highest trading level at $33.3198 during the session, while it also had its lowest trading level at $32.925.
Ratios:
Our goal is to gain a better understanding of HAL 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 15.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.34. For the most recent quarter (mrq), Quick Ratio is recorded 1.52 and its Current Ratio is at 2.12. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.88.
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 April 24, 2024, Reiterated its Buy rating but revised its target price to $48 from $47 previously.
On January 24, 2024, TD Cowen reiterated its Outperform rating and also lowered its target price recommendation from $49 to $51.
On June 07, 2023, CapitalOne started tracking the stock assigning a Overweight rating and target price of $41.CapitalOne initiated its Overweight rating on June 07, 2023, with a $41 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 May 20 ’24 when Sharp Jill D. sold 6,933 shares for $38.00 per share. The transaction valued at 263,454 led to the insider holds 33,251 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 07 ’24, another insider, Slocum Jeffrey Shannon, who serves as the President – Eastern Hemisphere of the company, sold 38,941 shares for $36.92 each. As a result, the insider received 1,437,702 and left with 130,783 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 29400844288 and an Enterprise Value of 36342853632. As of this moment, Halliburton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.51, and their Forward P/E ratio for the next fiscal year is 8.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.27 while its Price-to-Book (P/B) ratio in mrq is 3.05. Its current Enterprise Value per Revenue stands at 1.57 whereas that against EBITDA is 7.108.
Stock Price History:
The Beta on a monthly basis for HAL is 1.94, which has changed by -0.1148721 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, HAL has reached a high of $43.85, while it has fallen to a 52-week low of $32.35. The 50-Day Moving Average of the stock is -6.84%, while the 200-Day Moving Average is calculated to be -10.69%.
Shares Statistics:
The stock has traded on average 7.21M shares per day over the past 3-months and 8320470 shares per day over the last 10 days, according to various share statistics. A total of 889.00M shares are outstanding, with a floating share count of 881.53M. Insiders hold about 0.43% of the company’s shares, while institutions hold 87.91% stake in the company. Shares short for HAL as of 1718323200 were 24633443 with a Short Ratio of 3.41, compared to 1715731200 on 24661095. Therefore, it implies a Short% of Shares Outstanding of 24633443 and a Short% of Float of 3.7199999999999998.
Dividends & Splits
In the trailing 12 months, HAL’s forward annual dividend rate was 0.65, compared to 0.66 this year. Against a Trailing Annual Dividend Yield of 0.019637462The stock’s 5-year Average Dividend Yield is 2.14. The current Payout Ratio is 21.88% for HAL, which recently paid a dividend on 2024-06-05 with an ex-dividend date of 1717545600. Stock splits for the company last occurred on 2006-07-17 when the company split stock in a 2:1 ratio.
