Halliburton Co. [NYSE: HAL] closed the trading session at $31.09.
The stocks have a year to date performance of -14.00 percent and weekly performance of 7.02 percent. The stock has been moved at -24.10 percent over the last six months. The stock has performed 8.74 percent around the most recent 30 days and changed -5.30 percent over the most recent 3-months.
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If compared to the average trading volume of 9.17M shares, HAL reached to a volume of 7478942 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Halliburton Co. [HAL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HAL shares is $41.92 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HAL stock is a recommendation set at 1.35. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
RBC Capital Mkts have made an estimate for Halliburton Co. shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on September 13, 2024. While these analysts kept the previous recommendation, TD Cowen dropped their target price from $47 to $45. The new note on the price target was released on July 22, 2024, representing the official price target for Halliburton Co. stock. Previously, the target price had yet another raise from $47 to $48, while TD Cowen kept a Buy rating on HAL stock. On January 24, 2024, analysts increased their price target for HAL shares from 49 to 51.
The Average True Range (ATR) for Halliburton Co. is set at 0.86, with the Price to Sales ratio for HAL stock in the period of the last 12 months amounting to 1.18. The Price to Book ratio for the last quarter was 2.75, with the Price to Cash per share for the same quarter was set at 2.42. Price to Free Cash Flow for HAL in the course of the last twelve months was 11.60 with Quick ratio for the last quarter at 1.54.
HAL stock trade performance evaluation
Halliburton Co. [HAL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.02. With this latest performance, HAL shares gained by 8.74% in over the last four-week period, additionally sinking by -24.10% over the last 6 months – not to mention a drop of -18.31% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HAL stock in for the last two-week period is set at 59.83, with the RSI for the last a single of trading hit 67.12, and the three-weeks RSI is set at 54.80 for Halliburton Co. [HAL]. The present Moving Average for the last 50 days of trading for this stock 30.47, while it was recorded at 30.54 for the last single week of trading, and 34.68 for the last 200 days.
Halliburton Co. [HAL]: An insightful look at the core fundamentals
Halliburton Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.54 and a Current Ratio set at 2.13.
Earnings per share (EPS) analysis for Halliburton Co. [HAL] stock
With the latest financial reports released by the company, Halliburton Co. posted 0.72/share EPS, while the average EPS was predicted by analysts to be reported at 0.7/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.02. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HAL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Halliburton Co. go to 9.33%.
Halliburton Co. [HAL]: Institutional Ownership
There are presently around $89.76%, or 90.11%% of HAL stock, in the hands of institutional investors. The top three institutional holders of HAL stocks are: CAPITAL WORLD INVESTORS with ownership of 120.11 million shares, which is approximately 13.5111%. VANGUARD GROUP INC, holding 103.62 million shares of the stock with an approximate value of $$3.5 billion in HAL stocks shares; and VANGUARD GROUP INC, currently with $$2.48 billion in HAL stock with ownership which is approximately 8.2499%.
