Halliburton Co. (NYSE: HAL) is 6.33% higher on its value in year-to-date trading and has touched a low of $27.84 and a high of $43.85 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HAL stock was last observed hovering at around $39.10 in the last trading session, with the day’s loss setting it -0.66%.
Currently trading at $38.44, the stock is -2.92% and 3.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.34 million and changing -1.69% at the moment leaves the stock 1.34% off its SMA200. HAL registered 14.30% gain for a year compared to 6-month loss of -9.40%.
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The stock witnessed a 1.88% gain in the last 1 month and extending the period to 3 months gives it a 14.71%, and is -6.20% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.98% over the week and 2.11% over the month.
Halliburton Co. (HAL) has around 48000 employees, a market worth around $34.22B and $23.02B in sales. Current P/E ratio is 13.15 and Fwd P/E is 9.81. Profit margin for the company is 11.46%. Distance from 52-week low is 38.07% and -12.34% from its 52-week high. The company has generated returns on investments over the last 12 months (14.71%).
The EPS is expected to grow by 8.38% this year.
Halliburton Co. (HAL) Top Institutional Holders
The shares outstanding are 889.00M, and float is at 886.11M with Short Float at 2.68%.
Halliburton Co. (HAL) Insider Activity
The most recent transaction is an insider sale by Banks Margaret Katherine,the company’sDirector. SEC filings show that Banks Margaret Katherine sold 5,000 shares of the company’s common stock on Mar 05 ’24 at a price of $35.30 per share for a total of $0.18 million. Following the sale, the insider now owns 9625.0 shares.
Halliburton Co. disclosed in a document filed with the SEC on Mar 04 ’24 that Miller Jeffrey Allen (Director, President & CEO) sold a total of 377,000 shares of the company’s common stock. The trade occurred on Mar 04 ’24 and was made at $35.30 per share for $13.31 million. Following the transaction, the insider now directly holds 0.76 million shares of the HAL stock.
Still, SEC filings show that on Oct 20 ’23, Beckwith Van H. (EVP, Secretary and CLO) disposed off 5,000 shares at an average price of $42.94 for $0.21 million. The insider now directly holds 176,334 shares of Halliburton Co. (HAL).
