On Friday, Halliburton Co (NYSE: HAL) opened lower -1.39% from the last session, before settling in for the closing price of $30.11. Price fluctuations for HAL have ranged from $27.26 to $41.56 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 1.97%. Company’s average yearly earnings per share was noted -3.68% at the time writing. With a float of $874.75 million, this company’s outstanding shares have now reached $889.00 million.
The extent of productivity of a business whose workforce counts for 48000 workers is very important to gauge. In terms of profitability, gross margin is 19.1%, operating margin of 17.11%, and the pretax margin is 14.2%.
Halliburton Co (HAL) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Oil & Gas Equipment & Services industry is another important factor to consider. The insider ownership of Halliburton Co is 0.43%, while institutional ownership is 85.63%. 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) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.86 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.8) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.72 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -3.68% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.85% during the next five years compared to 9.14% growth over the previous five years of trading.
Halliburton Co (NYSE: HAL) Trading Performance Indicators
Check out the current performance indicators for Halliburton Co (HAL). In the past quarter, the stock posted a quick ratio of 1.62. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.11. Likewise, its price to free cash flow for the trailing twelve months is 10.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.87, a number that is poised to hit 0.72 in the next quarter and is forecasted to reach 3.16 in one year’s time.
Technical Analysis of Halliburton Co (HAL)
The latest stats from [Halliburton Co, HAL] show that its last 5-days average volume of 9.63 million was superior to 8.08 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 73.15%. Additionally, its Average True Range was 0.88.
During the past 100 days, Halliburton Co’s (HAL) raw stochastic average was set at 24.75%, which indicates a significant decrease from 68.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.66% in the past 14 days, which was higher than the 31.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.14, while its 200-day Moving Average is $33.74. Now, the first resistance to watch is $30.43. This is followed by the second major resistance level at $31.17. The third major resistance level sits at $31.57. If the price goes on to break the first support level at $29.29, it is likely to go to the next support level at $28.88. The third support level lies at $28.14 if the price breaches the second support level.
Halliburton Co (NYSE: HAL) Key Stats
There are currently 878,502K shares outstanding in the company with a market cap of 25.72 billion. Presently, the company’s annual sales total 23,018 M according to its annual income of 2,638 M. Last quarter, the company’s sales amounted to 5,697 M and its income totaled 571,000 K.
