Schlumberger Ltd [SLB] stock prices are up 6.06% to $43.58 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The SLB shares have gain 12.84% over the last week, with a monthly amount glided 9.28%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Schlumberger Ltd [NYSE: SLB] stock has seen the most recent analyst activity on January 15, 2025, when Evercore ISI downgraded its rating to a In-line and also revised its price target to $44 from $62. Previously, Griffin Securities downgraded its rating to Neutral on December 20, 2024. On December 19, 2024, Piper Sandler initiated with a Neutral rating and assigned a price target of $47 on the stock. TD Cowen reiterated its Buy rating and decreased its price target to $65 on October 21, 2024. TD Cowen reiterated its recommendation of a Buy and raised its price target to $64 on July 22, 2024. Wells Fargo downgraded its rating to Equal Weight for this stock on April 29, 2024, and downed its price target to $53. In a note dated April 22, 2024, TD Cowen reiterated an Buy rating on this stock and revised its target price from $64 to $63.
The stock price of Schlumberger Ltd [SLB] has been fluctuating between $36.52 and $55.69 over the past year. Currently, Wall Street analysts expect the stock to reach $58.22 within the next 12 months. Schlumberger Ltd [NYSE: SLB] shares were valued at $43.58 at the most recent close of the market. An investor can expect a potential return of 33.59% based on the average SLB price forecast.
Analyzing the SLB fundamentals
The Schlumberger Ltd [NYSE:SLB] reported sales of 36.31B for trailing twelve months, representing a surge of 3.28%. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.21 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.6.
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 41.96 points at the first support level, and at 40.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 44.85, and for the 2nd resistance point, it is at 46.11.
Ratios To Look Out For
It’s worth pointing out that Schlumberger Ltd [NYSE:SLB]’s Current Ratio is 1.45. On the other hand, the Quick Ratio is 1.11, and the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 1.69, the price to book ratio is 2.73 and price to earnings (TTM) ratio is 14.03.
Transactions by insiders
Recent insider trading involved de La Chevardiere Patrick, Director, that happened on Sep 04 ’24 when 8000.0 shares were sold. Director, de La Chevardiere Patrick completed a deal on May 03 ’24 to sell 2000.0 shares. Meanwhile, EVP & CFO Biguet Stephane sold 11520.0 shares on Nov 13 ’24.
