Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
In the latest session, Halliburton Co (NYSE: HAL) closed at $25.77 down -1.45% from its previous closing price of $26.15. In other words, the price has decreased by -$1.45 from its previous closing price. On the day, 14.17 million shares were traded. HAL stock price reached its highest trading level at $26.62 during the session, while it also had its lowest trading level at $25.67.
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 10.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.42. For the most recent quarter (mrq), Quick Ratio is recorded 1.62 and its Current Ratio is at 2.21. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.82.
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, Piper Sandler on Dec-20-24, initiated with a Overweight rating and assigned the stock a target price of $36.
On December 18, 2024, Barclays Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $43 to $33.
UBS Downgraded its Buy to Neutral on December 09, 2024, whereas the target price for the stock was revised from $36 to $34.
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 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 22638997504 and an Enterprise Value of 29545826304. As of this moment, Halliburton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.99, and their Forward P/E ratio for the next fiscal year is 8.34. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 2.20. Its current Enterprise Value per Revenue stands at 1.281 whereas that against EBITDA is 5.78.
Stock Price History:
Over the past 52 weeks, HAL has reached a high of $41.56, while it has fallen to a 52-week low of $26.11. The 50-Day Moving Average of the stock is -12.41%, while the 200-Day Moving Average is calculated to be -22.28%.
Shares Statistics:
For the past three months, HAL has traded an average of 9.76M shares per day and 9588480 over the past ten days. A total of 878.00M shares are outstanding, with a floating share count of 874.77M. Insiders hold about 0.42% of the company’s shares, while institutions hold 85.72% stake in the company. Shares short for HAL as of 1732838400 were 23198135 with a Short Ratio of 2.38, compared to 1730332800 on 21821840. Therefore, it implies a Short% of Shares Outstanding of 23198135 and a Short% of Float of 3.54.
Dividends & Splits
According to the company, the forward annual dividend rate for HAL is 0.68, from 0.67 in the trailing year. Against a Trailing Annual Dividend Yield of 0.025621416The stock’s 5-year Average Dividend Yield is 2.02.