On Monday, Halliburton Co (NYSE: HAL) opened higher 1.04% from the last session, before settling in for the closing price of $28.78. Price fluctuations for HAL have ranged from $27.26 to $41.56 over the past 52 weeks.
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Annual sales at Energy sector company grew by 1.97% over the past five years. Company’s average yearly earnings per share was noted -4.08% at the time writing. With a float of $874.75 million, this company’s outstanding shares have now reached $878.00 million.
Let’s look at the performance matrix of the company that is accounted for 48000 employees. In terms of profitability, gross margin is 19.1%, operating margin of 17.11%, and the pretax margin is 14.2%.
Halliburton Co (HAL) Insider Updates
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 85.72%. 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
According to the Wall Street analysts, stocks earnings will be around -4.08% 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 1.06. Likewise, its price to free cash flow for the trailing twelve months is 10.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.87, a number that is poised to hit 0.70 in the next quarter and is forecasted to reach 3.13 in one year’s time.
Technical Analysis of Halliburton Co (HAL)
Halliburton Co (NYSE: HAL) saw its 5-day average volume 8.25 million, a positive change from its year-to-date volume of 8.14 million. As of the previous 9 days, the stock’s Stochastic %D was 3.92%. Additionally, its Average True Range was 0.88.
During the past 100 days, Halliburton Co’s (HAL) raw stochastic average was set at 22.84%, which indicates a significant increase from 9.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.58% in the past 14 days, which was lower than the 32.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.81, while its 200-day Moving Average is $33.45. Nevertheless, the first resistance level for the watch stands at $29.44 in the near term. At $29.81, the stock is likely to face the second major resistance level. The third major resistance level sits at $30.17. If the price goes on to break the first support level at $28.71, it is likely to go to the next support level at $28.35. Assuming the price breaks the second support level, the third support level stands at $27.98.
Halliburton Co (NYSE: HAL) Key Stats
There are currently 878,502K shares outstanding in the company with a market cap of 24.49 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.
