Featured Stock for Investors: Halliburton Company (HAL)

Halliburton Company (NYSE:HAL) Belonging to the Oils-Energy sector which surged 1.58% and closed its last trading session at $44.88.

The company reported its last EPS on 6/30/2016 and is expected to report its next EPS on 10/19/2016. Currently, the stock has a 1 Year Price Target of $50.91.

The consensus recommendation, according to Zacks Investment research, is 1.5. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 1.52 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.4 and 1.42 respectively.

Halliburton Company on 6/30/2016 reported its EPS as $-0.14 with the analysts projecting the EPS of the stock as $-0.19. The company beat the analyst EPS Estimate with the difference of $0.05. This shows a surprise factor of 26.3%.

Many analysts have provided their estimated foresights on Halliburton Company Earnings, with 37 analysts believing the company would generate an Average Estimate of $-0.07. Whereas they predicted High and Low Earnings Estimate as $-0.02 and $-0.09 respectively. While in the same Quarter Previous year, the Actual EPS was $0.31.

Analysts are also projecting an Average Revenue Estimate for Halliburton Company as $3.89 Billion in the Current Quarter. This estimate is provided by 28 analysts. The High Revenue estimate is predicted as 4.08 Billion, while the Low Revenue Estimate prediction stands at 3.77 Billion. The company’s last year sales total was 5.58 Billion.

For the Current Quarter, the growth estimate for Halliburton Company is -122.6%, while for the Next Quarter the stock growth estimate is -112.9%. In the past 5 years, the stock showed growth of -23.2% per annum. While for the next 5 years, the growth estimate is 14.35%.

The Company got Downgrade by Societe Generale on 19-Jul-16 from Buy to Hold.

Insider Trades for Halliburton Company show that the latest trade was made on 20 Sep 2016 where Voyles (Robb L), the General Counsel completed a transaction type “Sell” in which 46033 shares were traded at a price of $41.04.

Over the period of 6 months, Insider Purchases show a total of 1 transaction in which 3400 shares were traded. 4 Insider Sales transactions were made totaling 47026 shares traded.

35 analysts projected Price Targets for Halliburton Company. The analysts believe that the company stock price could grow as high as $64.3. The Low Price target projection by analysts is $38 and the Mean Price Target is $50.91.

Halliburton Company (NYSE:HAL) has the market capitalization of $38.6 Billion. The company rocked its 52-Week High of $46.9 on Aug 19, 2016 and touched its 52-Week Low of $27.64 on Jan 20, 2016. The stock has Return on Assets (ROA) of -17.7 percent. Return on Equity (ROE) stands at -42.5% and Return on Investment (ROI) of 0.4 percent.

The stock is currently showing YTD performance of 33.69 Percent. The company has Beta Value of 1.19 and ATR value of 1.23. The Weekly and Monthly Volatility stands at 3.59% and 2.65%.

Company profile:

Halliburton is one of the world’s largest providers of products and services to the energy industry. The company serves the upstream oil and gas industry throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field. The company operates under two main segments: Completion and Production, and Drilling and Evaluation.