As on January 25, 2023, Halliburton Company (NYSE: HAL) got off with the flyer as it spiked 0.48% to $40.03. During the day, the stock rose to $40.28 and sunk to $38.42 before settling in for the price of $39.84 at the close. Taking a more long-term approach, HAL posted a 52-week range of $23.30-$43.99.
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It was noted that the giant of the Energy sector posted annual sales growth of -0.80% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 17.50%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 148.90%. This publicly-traded company’s shares outstanding now amounts to $908.00 million, simultaneously with a float of $905.37 million. The organization now has a market capitalization sitting at $35.90 billion. At the time of writing, stock’s 50-day Moving Average stood at $38.19, while the 200-day Moving Average is $34.14.
It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 40000 workers. For the Profitability, stocks gross margin was +13.18, operating margin was +11.85 and Pretax Margin of +8.19.
Halliburton Company (HAL) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas Equipment & Services industry. Halliburton Company’s current insider ownership accounts for 0.30%, in contrast to 84.70% institutional ownership. According to the most recent insider trade that took place on Jan 19, this organization’s EVP, Secretary and CLO sold 4,493 shares at the rate of 40.41, making the entire transaction reach 181,562 in total value, affecting insider ownership by 191,334. Preceding that transaction, on Jan 17, Company’s EVP, Secretary and CLO sold 4,295 for 42.60, making the whole transaction’s value amount to 182,967. This particular insider is now the holder of 245,731 in total.
Halliburton Company (HAL) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 12/30/2022, the company posted $0.72 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.67) by $0.05. This company achieved a net margin of +9.53 while generating a return on equity of 24.93. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.71 per share during the current fiscal year.
Halliburton Company’s EPS increase for this current 12-month fiscal period is 148.90% and is forecasted to reach 2.94 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 43.40% through the next 5 years, which can be compared against the 17.50% growth it accomplished over the previous five years trading on the market.
Halliburton Company (NYSE: HAL) Trading Performance Indicators
Let’s observe the current performance indicators for Halliburton Company (HAL). It’s Quick Ratio in the last reported quarter now stands at 1.50. The Stock has managed to achieve an average true range (ATR) of 1.58. Alongside those numbers, its PE Ratio stands at $20.74, and its Beta score is 2.16. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.89. Similarly, its price to free cash flow for trailing twelve months is now 86.10.
In the same vein, HAL’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.93, a figure that is expected to reach 0.67 in the next quarter, and analysts are predicting that it will be 2.94 at the market close of one year from today.
Technical Analysis of Halliburton Company (HAL)
Through scrutinizing the latest numbers posted by the [Halliburton Company, HAL], it can be observed that its last 5-days Average volume of 10.35 million was better the volume of 9.52 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 25.07% While, its Average True Range was 1.58.
Raw Stochastic average of Halliburton Company (HAL) in the period of the previous 100 days is set at 83.15%, which indicates a major rise in contrast to 35.48% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 29.89% that was lower than 49.54% volatility it exhibited in the past 100-days period.