Halliburton Co. (NYSE: HAL) kicked off on Tuesday, down -0.07% from the previous trading day, before settling in for the closing price of $28.26. Over the past 52 weeks, HAL has traded in a range of $27.52-$42.15.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Energy sector company grew by 1.97% over the past five years. While this was happening, its average annual earnings per share was recorded -0.27%. With a float of $879.02 million, this company’s outstanding shares have now reached $889.00 million.
Let’s look at the performance matrix of the company that is accounted for 48000 employees. In terms of profitability, gross margin is 19.22%, operating margin of 17.75%, and the pretax margin is 14.92%.
Halliburton Co. (HAL) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of Halliburton Co. is 0.43%, while institutional ownership is 88.58%. The most recent insider transaction that took place on Jul 18 ’24, was worth 367,500. In this transaction EVP, Secretary and CLO of this company sold 10,000 shares at a rate of $36.75, taking the stock ownership to the 273,908 shares. Before that another transaction happened on May 20 ’24, when Company’s SVP & Chief Accounting Officer sold 3,000 for $38.00, making the entire transaction worth $114,000. This insider now owns 97,084 shares in total.
Halliburton Co. (HAL) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.72 earnings per share (EPS), higher than consensus estimate (set at 0.7) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.81 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -0.27% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.87% during the next five years compared to 9.14% growth over the previous five years of trading.
Halliburton Co. (NYSE: HAL) Trading Performance Indicators
Take a look at Halliburton Co.’s (HAL) current performance indicators. Last quarter, stock had a quick ratio of 1.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.08. Likewise, its price to free cash flow for the trailing twelve months is 10.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.01, a number that is poised to hit 0.75 in the next quarter and is forecasted to reach 3.40 in one year’s time.
Technical Analysis of Halliburton Co. (HAL)
Halliburton Co. (NYSE: HAL) saw its 5-day average volume 9.38 million, a positive change from its year-to-date volume of 7.93 million. As of the previous 9 days, the stock’s Stochastic %D was 4.94%. Additionally, its Average True Range was 0.76.
During the past 100 days, Halliburton Co.’s (HAL) raw stochastic average was set at 7.48%, which indicates a significant increase from 4.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.45% in the past 14 days, which was lower than the 30.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.88, while its 200-day Moving Average is $34.31. Nevertheless, the first resistance level for the watch stands at $28.41 in the near term. At $28.58, the stock is likely to face the second major resistance level. The third major resistance level sits at $28.70. If the price goes on to break the first support level at $28.12, it is likely to go to the next support level at $28.00. Assuming the price breaks the second support level, the third support level stands at $27.83.
Halliburton Co. (NYSE: HAL) Key Stats
The company with the Market Capitalisation of 24.93 billion has total of 885,301K Shares Outstanding. Its annual sales at the moment are 23,018 M in contrast with the sum of 2,638 M annual income. Company’s last quarter sales were recorded 5,833 M and last quarter income was 709,000 K.
