Halliburton Co. (NYSE: HAL) on November 20, 2023, started off the session at the price of $38.27, soaring 0.55% from the previous trading day. During the day, the shares moved up to $38.58 and dropped to $38.05 before settling in for the closing price of $37.99. Within the past 52 weeks, HAL’s price has moved between $27.84 and $43.85.
During the last 5-year period, the sales growth of Energy Sector giant was 2.56%. The company achieved an average annual earnings per share of 41.98%. With a float of $891.72 million, this company’s outstanding shares have now reached $902.00 million.
Let’s determine the extent of company efficiency that accounts for 45000 employees. In terms of profitability, gross margin is +16.32, operating margin of +14.80, and the pretax margin is +10.40.
Halliburton Co. (HAL) Breakdown of a Key Holders of the stock
Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. The insider ownership of Halliburton Co. is 0.37%, while institutional ownership is 87.26%. The most recent insider transaction that took place on Oct 20, was worth 214,700. In this transaction EVP, Secretary and CLO of this company sold 5,000 shares at a rate of $42.94, taking the stock ownership to the 176,334 shares. Before that another transaction happened on Oct 13, when Company’s EVP, Secretary and CLO sold 5,000 for $42.84, making the entire transaction worth $214,200. This insider now owns 181,334 shares in total.
Halliburton Co. (HAL) Recent Fiscal highlights
This company achieved a net margin of +7.74 while generating a return on equity of 21.44. Wall Street market experts anticipate that the next fiscal year will bring earnings of 12.40 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 41.98% per share during the next fiscal year.
Halliburton Co. (NYSE: HAL) Trading Performance Indicators
Halliburton Co. (HAL) is currently performing well based on its current performance indicators. A quick ratio of 1.53 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.50. Likewise, its price to free cash flow for the trailing twelve months is 18.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.91, a number that is poised to hit 0.80 in the next quarter and is forecasted to reach 3.47 in one year’s time.
Technical Analysis of Halliburton Co. (HAL)
Looking closely at Halliburton Co. (NYSE: HAL), its last 5-days average volume was 6.53 million, which is a drop from its year-to-date volume of 8.49 million. As of the previous 9 days, the stock’s Stochastic %D was 42.59%. Additionally, its Average True Range was 1.10.
During the past 100 days, Halliburton Co.’s (HAL) raw stochastic average was set at 50.87%, which indicates a significant increase from 37.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.84% in the past 14 days, which was higher than the 29.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.40, while its 200-day Moving Average is $36.17. However, in the short run, Halliburton Co.’s stock first resistance to watch stands at $38.50. Second resistance stands at $38.81. The third major resistance level sits at $39.03. If the price goes on to break the first support level at $37.97, it is likely to go to the next support level at $37.75. Now, if the price goes above the second support level, the third support stands at $37.44.
Halliburton Co. (NYSE: HAL) Key Stats
Market capitalization of the company is 34.19 billion based on 895,052K outstanding shares. Right now, sales total 20,297 M and income totals 1,572 M. The company made 5,804 M in profit during its latest quarter, and 716,000 K in sales during its previous quarter.