Over the past three months, Halliburton Company [HAL] ended the trading day at $12.72 and exhibited a change of 1.44% with a 24 hour trading and reached upto the volume of 14.76M compared to its recorded trading volume of 12.19 million. HAL generated a 1 year amount change with -31.98%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by 6.62% with an amount shift of -11.91% over the last month.

On 9, September 2020, Halliburton Labs Names First Advisory Board Members. According to news published on Yahoo Finance, Halliburton Labs today announced that its first advisory board members will be Reginald DesRoches, John Grotzinger, and Walter Isaacson. Advisory board members will help guide Halliburton Labs’ vision, strategy, evaluation of applicants, cohort selection and other matters.

Analyst Birdseye View:

The most recent analyst activity for Halliburton Company [NYSE:HAL] stock was on July 21, 2020, when it was Upgrade with a Buy rating from BofA Securities, which also raised its 12-month price target on the stock from $14 to $18. Before that, on October 02, 2020, BMO Capital Markets Recapitulated a Market perform rating and elevated its amount target to $14. On July 15, 2020, Cowen Upgrade an Outperform rating and boosted its price target on this stock to $17. On May 29, 2020, Northland Capital Initiated a Market perform rating and increased its price target to $11. On May 29, 2020, Cowen Downgrade a Market perform rating and increased its price target to $13. On May 26, 2020, UBS Downgrade a Sell rating. On April 30, 2020, HSBC Securities Downgrade a Hold rating and boosted its target amount on this stock to $9.50. On April 22, 2020, Cowen Reiterated an Outperform rating and improved its amount target to $10.

In the past 52 weeks of trading, this stock has oscillated between a low of $4.25 and a peak of $25.47. Right now, according to Wall Street analyst the average 12-month amount target is $15.37. At the most recent market close, shares of Halliburton Company [NYSE:HAL] were valued at $12.72. According to the average price forecast, investors can expect a potential return of -5.08%.

FUNDAMENTAL ANALYSIS

Halliburton Company [NYSE:HAL] most recently reported quarterly sales of 3.2 billion, which represented growth of -46.10%. This publicly-traded organization’s revenue is $407,418 per employee, while its income is -$20,564 per employee. This company’s Gross Margin is currently 10.70%, its Operating Margin is -19.80%, its Pretax Margin is -5.01, and its Net Margin is -5.05. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -4.40, -12.90, 5.84 and -5.77 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 58.94 and the whole liability to whole assets at 45.33. It shows enduring liability to the whole principal at 57.72 and enduring liability to assets at 0.44 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 12.46 points at 1st support level, the second support level is making up to 12.20. But as of 1st resistance point, this stock is sitting at 13.08 and at 13.44 for 2nd resistance point.

Halliburton Company [HAL] reported its earnings at $0.05 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.11/share signifying the difference of 0.16 and 145.50% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were $0.31 calling estimates for $0.24/share with the difference of 0.07 depicting the surprise of 29.20%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Halliburton Company [NYSE:HAL] is 2.20. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.46. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.96 and it’s amount to book ratio is 2.68.

Insider Stories

The most recent insider trade was by GERBER MURRY, Director, and it was the purchase of 0.35 million shares on Apr 23. GERBER MURRY, the Director, completed a purchase of 0.16 million shares on Mar 13. On Feb 10, Loeffler Lance, EVP & Chief Financial Officer, completed a sale of 10105.0 shares.