At the time of writing, Halliburton Co [HAL] stock is trading at $28.20, up 1.44%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HAL shares have gain 1.95% over the last week, with a monthly amount drifted -3.42%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Halliburton Co [NYSE: HAL] stock has seen the most recent analyst activity on January 06, 2025, when Raymond James downgraded its rating to a Mkt Perform. Previously, Griffin Securities downgraded its rating to Neutral on December 20, 2024. On December 19, 2024, Piper Sandler initiated with a Overweight rating and assigned a price target of $36 on the stock. Barclays downgraded its rating to a Equal Weight and decreased its price target to $33 on December 18, 2024. UBS downgraded its rating to a Neutral and reduced its price target to $34 on December 09, 2024. RBC Capital Mkts downgraded its rating to Sector Perform for this stock on September 13, 2024, and downed its price target to $37. In a note dated July 22, 2024, TD Cowen reiterated an Buy rating on this stock and revised its target price from $47 to $45.
For the past year, the stock price of Halliburton Co fluctuated between $25.51 and $41.56. Currently, Wall Street analysts expect the stock to reach $41.89 within the next 12 months. Halliburton Co [NYSE: HAL] shares were valued at $28.20 at the most recent close of the market. An investor can expect a potential return of 48.55% based on the average HAL price forecast.
Analyzing the HAL fundamentals
According to Halliburton Co [NYSE:HAL], the company’s sales were 23.07B for trailing twelve months, which represents an -1.84% plunge. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.26 and Total Capital is 0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.84.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 27.79 points at the first support level, and at 27.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.41, and for the 2nd resistance point, it is at 28.63.
Ratios To Look Out For
It is important to note that Halliburton Co [NYSE:HAL] has a current ratio of 2.21. In addition, the Quick Ratio stands at 1.62 and the Cash Ratio stands at 0.4. Considering the valuation of this stock, the price to sales ratio is 1.07, the price to book ratio is 2.40 and price to earnings (TTM) ratio is 9.84.
Transactions by insiders
Recent insider trading involved Beckwith Van H., EVP, Secretary and CLO, that happened on Jul 18 ’24 when 10000.0 shares were sold. SVP & Chief Accounting Officer, Geer Charles Jr. completed a deal on May 20 ’24 to sell 3000.0 shares. Meanwhile, SVP Internal Assurance Svcs. Sharp Jill D. sold 6933.0 shares on May 20 ’24.
