We Analyzed the Future Direction of Halliburton Company (HAL), Here is What We Found

Halliburton Company (NYSE:HAL) went up by 0.77% from its latest closing price compared to the recent 1-year high of $25.47. The company’s stock price has collected -2.50% of loss in the last five trading sessions. Press Release reported on 09/09/20 that Halliburton Labs Names First Advisory Board Members

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Is It Worth Investing in Halliburton Company (NYSE :HAL) Right Now?

Plus, the 36-month beta value for HAL is at 2.62. Opinions of the stock are interesting as 9 analysts out of 30 who provided ratings for Halliburton Company declared the stock was a “buy,” while 2 rated the stock as “overweight,” 18 rated it as “hold,” and 1 as “sell.”

The average price from analysts is $15.58, which is $1.29 above the current price. HAL currently public float of 876.12M and currently shorts hold a 5.55% ratio of that float. Today, the average trading volume of HAL was 15.11M shares.

HAL’s Market Performance

HAL stocks went down by -2.50% for the week, with a monthly drop of -13.17% and a quarterly performance of 6.73%, while its annual performance rate touched -35.79%. The volatility ratio for the week stands at 3.54% while the volatility levels for the past 30 days are set at 3.45% for Halliburton Company. The simple moving average for the period of the last 20 days is -8.43% for HAL stocks with a simple moving average of -5.70% for the last 200 days.

Analysts’ Opinion of HAL

Many brokerage firms have already submitted their reports for HAL stocks, with BofA Securities repeating the rating for HAL by listing it as a “Buy.” The predicted price for HAL in the upcoming period, according to BofA Securities is $18 based on the research report published on July 21st of the current year 2020.

Cowen, on the other hand, stated in their research note that they expect to see HAL reach a price target of $17. The rating they have provided for HAL stocks is “Outperform” according to the report published on July 15th, 2020.

Northland Capital gave a rating of “Market Perform” to HAL, setting the target price at $11 in the report published on May 29th of the current year.

HAL Trading at -2.69% from the 50-Day Moving Average

After a stumble in the market that brought HAL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.31% of loss for the given period.

Volatility was left at 3.45%, however, over the last 30 days, the volatility rate increased by 3.54%, as shares sank -13.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.82% upper at present.

During the last 5 trading sessions, HAL fell by -2.50%, which changed the moving average for the period of 200-days by -32.55% in comparison to the 20-day moving average, which settled at $15.66. In addition, Halliburton Company saw -40.99% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at HAL starting from GERBER MURRY, who bought 350,000 shares at the price of $8.68 back on Apr 23. After this action, GERBER MURRY now owns 574,879 shares of Halliburton Company, valued at $3,038,000 using the latest closing price.

GERBER MURRY, the Director of Halliburton Company, bought 155,763 shares at $6.78 during a trade that took place back on Mar 13, which means that GERBER MURRY is holding 224,879 shares at $1,056,073 based on the most recent closing price.

Stock Fundamentals for HAL

Current profitability levels for the company are sitting at:

  • +5.15 for the present operating margin
  • +10.20 for the gross margin

The net margin for Halliburton Company stands at -5.05. The total capital return value is set at 5.84, while invested capital returns managed to touch -5.77. Equity return is now at value -54.40, with -16.70 for asset returns.

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Based on Halliburton Company (HAL), the company’s capital structure generated 143.57 points at debt to equity in total, while total debt to capital is 58.94. Total debt to assets is 45.33, with long-term debt to equity ratio resting at 1.95. Finally, the long-term debt to capital ratio is 140.60.

When we switch over and look at the enterprise to sales, we see a ratio of 1.37, with the company’s debt to enterprise value settled at 0.38. The receivables turnover for the company is 4.57 and the total asset turnover is 0.87. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.30.

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