Halliburton Co (NYSE: HAL) is -1.66% lower on its value in year-to-date trading and has touched a low of $25.16 and a high of $41.56 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HAL stock was last observed hovering at around $26.73 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $26.74, the stock is 0.86% and -2.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.9 million and changing 0.04% at the moment leaves the stock -13.43% off its SMA200. HAL registered -24.34% loss for a year compared to 6-month loss of -14.79%.
The stock witnessed a -10.57% gain in the last 1 month and extending the period to 3 months gives it a -11.19%, and is 0.94% up 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 2.63% over the week and 2.97% over the month.
Halliburton Co (HAL) has around 48000 employees, a market worth around $23.21B and $22.94B in sales. Current P/E ratio is 9.44 and Fwd P/E is 8.79. Profit margin for the company is 10.90%. Distance from 52-week low is 6.28% and -35.66% from its 52-week high. The company has generated returns on investments over the last 12 months (13.45%).
with sales reaching $5.28B over the same period.The EPS is expected to shrink by -10.51% this year, but quarterly earnings will post -2.77% year-over-year. Quarterly sales are estimated to shrink -8.96% in year-over-year returns.
The shares outstanding are 868.00M, and float is at 864.08M with Short Float at 3.17%.
The top institutional shareholder in the company is CAPITAL WORLD INVESTORS with over 120.11 million shares valued at $4.06 billion. The investor’s holdings represent 13.5875 of the HAL Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 103.62 million shares valued at $3.5 billion to account for 11.6553 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 73.34 million shares representing 8.2499 and valued at over $2.48 billion, while STATE STREET CORP holds 6.4831 of the shares totaling 57.64 million with a market value of $1.95 billion.
Halliburton Co (HAL) Insider Activity
The most recent transaction is an insider sale by Carre Eric, the company’s EVP & Chief Financial Officer. SEC filings show that Carre Eric sold 141,206 shares of the company’s common stock on Feb 11 ’25 at a price of $26.13 per share for a total of $3.69 million. Following the sale, the insider now owns 0.13 million shares.
Still, SEC filings show that on Jan 15 ’25, Jones Myrtle L (Former Officer) Proposed Sale 10,487 shares at an average price of $29.02 for $0.3 million. The insider now directly holds shares of Halliburton Co (HAL).
