Halliburton Co [NYSE: HAL] loss -2.93% or -0.63 points to close at $20.89 with a heavy trading volume of 12054367 shares.
It opened the trading session at $21.34, the shares rose to $21.51 and dropped to $20.61, the range by which the price of stock traded the whole day. The daily chart for HAL points out that the company has recorded -23.17% loss over the past six months.
If we look at the average trading volume of 15.49M shares, HAL reached to a volume of 12054367 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $28.13 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 1.77. 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.
Raymond James have made an estimate for Halliburton Co shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on January 06, 2025. The new note on the price target was released on December 20, 2024, representing the official price target for Halliburton Co stock. Previously, the target price had yet another raise to $36, while Piper Sandler analysts kept a Overweight rating on HAL stock. On December 18, 2024, analysts decreased their price target for HAL shares from 43 to 33.
The Price to Book ratio for the last quarter was 1.73, with the Price to Cash per share for the same quarter was set at 2.10. Price to Free Cash Flow for HAL in the course of the last twelve months was 7.67 with Quick ratio for the last quarter at 1.46.
Trading performance analysis for HAL stock
Halliburton Co [HAL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.56. With this latest performance, HAL shares gained by 4.40% in over the last four-week period, additionally sinking by -23.17% over the last 6 months – not to mention a drop of -23.17% in the past year of trading.
Halliburton Co [HAL]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Halliburton Co [HAL] shares currently have an operating margin of 16.57% and a Gross Margin at 18.17%. Halliburton Co’s Net Margin is presently recorded at 9.31%.
Return on Equity for this stock inclined to 8.42%, with Return on Assets sitting at 8.42%.
Halliburton Co [HAL]: An earnings per share (EPS) analysis
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 -0.57%.
An analysis of Institutional ownership at Halliburton Co [HAL]
There are presently around $85.92%, or 86.36% 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 13.5875%. 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 8.2965%.
