A new trading day began on Friday, with Halliburton Co (NYSE: HAL) stock price up 2.15% from the previous day of trading, before settling in for the closing price of $29.27. HAL’s price has ranged from $25.51 to $41.56 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 4.11% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -4.58%. With a float of $874.48 million, this company’s outstanding shares have now reached $878.00 million.
In an organization with 48000 employees, it is important to assess its efficiency. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of Halliburton Co is 0.46%, while institutional ownership is 85.65%. The most recent insider transaction that took place on Jan 15 ’25, was worth 304,331. Before that another transaction happened on Jul 18 ’24, when Company’s EVP, Secretary and CLO sold 10,000 for $36.75, making the entire transaction worth $367,500. This insider now owns 273,908 shares in total.
Halliburton Co (HAL) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.68 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.58% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -3.08% during the next five years compared to 9.14% growth over the previous five years of trading.
Halliburton Co (NYSE: HAL) Trading Performance Indicators
Here are Halliburton Co’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.62. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.14. Likewise, its price to free cash flow for the trailing twelve months is 10.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.87, a number that is poised to hit 0.69 in the next quarter and is forecasted to reach 2.98 in one year’s time.
Technical Analysis of Halliburton Co (HAL)
Let’s dig in a bit further. During the last 5-days, its volume was 10.09 million. That was better than the volume of 9.73 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 91.87%. Additionally, its Average True Range was 0.80.
During the past 100 days, Halliburton Co’s (HAL) raw stochastic average was set at 62.18%, which indicates a significant decrease from 87.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.49% in the past 14 days, which was lower than the 30.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.04, while its 200-day Moving Average is $32.22. However, in the short run, Halliburton Co’s stock first resistance to watch stands at $30.43. Second resistance stands at $30.97. The third major resistance level sits at $31.53. If the price goes on to break the first support level at $29.33, it is likely to go to the next support level at $28.77. Assuming the price breaks the second support level, the third support level stands at $28.23.
Halliburton Co (NYSE: HAL) Key Stats
With a market capitalization of 26.27 billion, the company has a total of 878,502K Shares Outstanding. Currently, annual sales are 23,018 M while annual income is 2,638 M. The company’s previous quarter sales were 5,697 M while its latest quarter income was 571,000 K.
