Halliburton Co (NYSE: HAL) on Monday, plunged -2.82% from the previous trading day, before settling in for the closing price of $28.68. Within the past 52 weeks, HAL’s price has moved between $27.26 and $41.56.
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During the last 5-year period, the sales growth of Energy Sector giant was 1.97%. The company achieved an average annual earnings per share of -4.38%. With a float of $874.77 million, this company’s outstanding shares have now reached $878.00 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. The insider ownership of Halliburton Co is 0.42%, while institutional ownership is 85.71%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -4.38% 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
Halliburton Co (HAL) is currently performing well based on its current performance indicators. A quick ratio of 1.62 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 1.05. Likewise, its price to free cash flow for the trailing twelve months is 10.11.
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 3.11 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 7.8 million, which is a drop from its year-to-date volume of 8.14 million. As of the previous 9 days, the stock’s Stochastic %D was 5.36%. Additionally, its Average True Range was 0.84.
During the past 100 days, Halliburton Co’s (HAL) raw stochastic average was set at 7.91%, which indicates a significant increase from 1.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.74% in the past 14 days, which was lower than the 30.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.67, while its 200-day Moving Average is $33.29. However, in the short run, Halliburton Co’s stock first resistance to watch stands at $28.38. Second resistance stands at $28.89. The third major resistance level sits at $29.17. If the price goes on to break the first support level at $27.59, it is likely to go to the next support level at $27.31. Should the price break the second support level, the third support level stands at $26.80.
Halliburton Co (NYSE: HAL) Key Stats
Market capitalization of the company is 24.31 billion based on 878,502K outstanding shares. Right now, sales total 23,018 M and income totals 2,638 M. The company made 5,697 M in profit during its latest quarter, and 571,000 K in sales during its previous quarter.
