Schlumberger Ltd (NYSE: SLB)’s stock price has plunge by 6.06relation to previous closing price of 41.09. Nevertheless, the company has seen a 12.84% surge in its stock price over the last five trading sessions. youtube.com reported 2025-01-17 that Steve Weiss, Founder and Managing Partner of Short Hills Capital Partners joins CNBC’s “Halftime Report” to explain why he’s buying SLB here.
Is It Worth Investing in Schlumberger Ltd (NYSE: SLB) Right Now?
The price-to-earnings ratio for Schlumberger Ltd (NYSE: SLB) is above average at 14.03x. The 36-month beta value for SLB is also noteworthy at 1.53. There are mixed opinions on the stock, with 18 analysts rating it as a “buy,” 10 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
The public float for SLB is 1.41B, and at present, short sellers hold a 3.54% of that float. The average trading volume of SLB on January 20, 2025 was 12.19M shares.
SLB’s Market Performance
The stock of Schlumberger Ltd (SLB) has seen a 12.84% increase in the past week, with a 9.28% rise in the past month, and a -0.23% fall in the past quarter. The volatility ratio for the week is 3.40%, and the volatility levels for the past 30 days are at 2.71% for SLB. The simple moving average for the past 20 days is 12.42% for SLB’s stock, with a -2.12% simple moving average for the past 200 days.
Analysts’ Opinion of SLB
Many brokerage firms have already submitted their reports for SLB stocks, with Evercore ISI repeating the rating for SLB by listing it as a “In-line.” The predicted price for SLB in the upcoming period, according to Evercore ISI is $44 based on the research report published on January 15, 2025 of the current year 2025.
Piper Sandler gave a rating of “Neutral” to SLB, setting the target price at $47 in the report published on December 19th of the previous year.
SLB Trading at 6.04% from the 50-Day Moving Average
After a stumble in the market that brought SLB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.75% of loss for the given period.
Volatility was left at 2.71%, however, over the last 30 days, the volatility rate increased by 3.40%, as shares surge +11.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.09% upper at present.
During the last 5 trading sessions, SLB rose by +12.84%, which changed the moving average for the period of 200-days by -20.30% in comparison to the 20-day moving average, which settled at $38.77. In addition, Schlumberger Ltd saw 13.67% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SLB starting from de La Chevardiere Patrick, who sale 8,000 shares at the price of $41.94 back on Sep 04 ’24. After this action, de La Chevardiere Patrick now owns 22,811 shares of Schlumberger Ltd, valued at $335,502 using the latest closing price.
de La Chevardiere Patrick, the Director of Schlumberger Ltd, sale 2,000 shares at $47.28 during a trade that took place back on May 03 ’24, which means that de La Chevardiere Patrick is holding 30,811 shares at $94,554 based on the most recent closing price.
Stock Fundamentals for SLB
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.2 for the gross margin
The net margin for Schlumberger Ltd stands at 0.12. The total capital return value is set at 0.17. Equity return is now at value 20.97, with 9.21 for asset returns.
Based on Schlumberger Ltd (SLB), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.56. The debt to equity ratio resting at 0.6. The interest coverage ratio of the stock is 12.08.
Currently, EBITDA for the company is 7.54 billion with net debt to EBITDA at 1.26. When we switch over and look at the enterprise to sales, we see a ratio of 1.98. The receivables turnover for the company is 4.36for trailing twelve months and the total asset turnover is 0.72. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.45.
Conclusion
In summary, Schlumberger Ltd (SLB) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
