At the time of writing, Schlumberger Ltd [SLB] stock is trading at $42.60, up 1.00%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SLB shares have gain 2.77% over the last week, with a monthly amount drifted -2.61%, and not 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 21, 2025, when TD Cowen reiterated its Buy rating and also boosted its price target to $55 from $53. Previously, Evercore ISI downgraded its rating to In-line on January 15, 2025, and dropped its price target to $44. On December 20, 2024, downgrade downgraded it’s rating to Neutral. Piper Sandler started tracking the stock assigning a Neutral rating and suggested a price target of $47 on December 19, 2024. TD Cowen reiterated its recommendation of a Buy and reduced its price target to $65 on October 21, 2024. TD Cowen reiterated a Buy rating for this stock on July 22, 2024, and upped its price target to $64. In a note dated April 29, 2024, Wells Fargo downgraded an Equal Weight rating on this stock and revised its target price from $68 to $53.
For the past year, the stock price of Schlumberger Ltd fluctuated between $36.52 and $55.69. Currently, Wall Street analysts expect the stock to reach $56.25 within the next 12 months. Schlumberger Ltd [NYSE: SLB] shares were valued at $42.60 at the most recent close of the market. An investor can expect a potential return of 32.04% based on the average SLB price forecast.
Analyzing the SLB fundamentals
According to Schlumberger Ltd [NYSE:SLB], the company’s sales were 36.31B for trailing twelve months, which represents an 3.32% jump. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.13%, 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 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.57.
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 42.08 points at the first support level, and at 41.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.02, and for the 2nd resistance point, it is at 43.43.
Ratios To Look Out For
It is important to note that Schlumberger Ltd [NYSE:SLB] has a current ratio of 1.45. As well, the Quick Ratio is 1.11, while the Cash Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 1.64, the price to book ratio is 2.82 and price to earnings (TTM) ratio is 13.71.
Transactions by insiders
Recent insider trading involved Rando Bejar Carmen, Chief People Officer, that happened on Jan 31 ’25 when 5524.0 shares were sold. Officer, Rando Bejar Carmen completed a deal on Jan 31 ’25 to buy 5524.0 shares. Meanwhile, EVP, Core Services & Equipment Merad Abdellah sold 60000.0 shares on Jan 29 ’25.
