The price-to-earnings ratio for Halliburton Co (NYSE: HAL) is above average at 9.40x, Company’s 36-month beta value is 1.92.Analysts have differing opinions on the stock, with 17 analysts rating it as a “buy,” 9 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for HAL is 874.77M, and currently, short sellers hold a 2.70% ratio of that floaft. The average trading volume of HAL on December 30, 2024 was 9.43M shares.
HAL) stock’s latest price update
The stock price of Halliburton Co (NYSE: HAL) has jumped by 0.50 compared to previous close of 26.79. Despite this, the company has seen a gain of 3.68% in its stock price over the last five trading days. zacks.com reported 2024-12-30 that HAL acquires Optime Subsea to integrate its umbilical-less technology and provide it with global market access.
HAL’s Market Performance
Halliburton Co (HAL) has experienced a 3.68% rise in stock performance for the past week, with a -15.54% drop in the past month, and a -7.31% drop in the past quarter. The volatility ratio for the week is 2.42%, and the volatility levels for the past 30 days are at 2.78% for HAL. The simple moving average for the past 20 days is -4.55% for HAL’s stock, with a -18.05% simple moving average for the past 200 days.
Analysts’ Opinion of HAL
Piper Sandler, on the other hand, stated in their research note that they expect to see HAL reach a price target of $36. The rating they have provided for HAL stocks is “Overweight” according to the report published on December 19th, 2024.
Barclays gave a rating of “Equal Weight” to HAL, setting the target price at $33 in the report published on December 18th of the current year.
HAL Trading at -7.23% 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 -35.21% of loss for the given period.
Volatility was left at 2.78%, however, over the last 30 days, the volatility rate increased by 2.42%, as shares sank -15.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.48% lower at present.
During the last 5 trading sessions, HAL rose by +3.10%, which changed the moving average for the period of 200-days by -28.81% in comparison to the 20-day moving average, which settled at $28.20. In addition, Halliburton Co saw -25.52% 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 Beckwith Van H., who sale 10,000 shares at the price of $36.75 back on Jul 18 ’24. After this action, Beckwith Van H. now owns 273,908 shares of Halliburton Co, valued at $367,500 using the latest closing price.
Geer Charles Jr., the SVP & Chief Accounting Officer of Halliburton Co, sale 3,000 shares at $38.00 during a trade that took place back on May 20 ’24, which means that Geer Charles Jr. is holding 97,084 shares at $114,000 based on the most recent closing price.
Stock Fundamentals for HAL
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.19 for the gross margin
The net margin for Halliburton Co stands at 0.11. The total capital return value is set at 0.2. Equity return is now at value 26.20, with 10.23 for asset returns.
Based on Halliburton Co (HAL), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.5. The debt to equity ratio resting at 0.74. The interest coverage ratio of the stock is 6.03.
Currently, EBITDA for the company is 4.84 billion with net debt to EBITDA at 1.36. When we switch over and look at the enterprise to sales, we see a ratio of 1.31. The receivables turnover for the company is 4.32for trailing twelve months and the total asset turnover is 0.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.21.
Conclusion
In a nutshell, Halliburton Co (HAL) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
