Halliburton Co [HAL] stock is trading at $26.74, up 1.83%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The HAL shares have gain 2.22% over the last week, with a monthly amount drifted -4.40%, 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.
Halliburton Co [HAL] stock has fluctuated between $25.16 and $41.56 over the past year. Currently, Wall Street analysts expect the stock to reach $37.5 within the next 12 months. Halliburton Co [NYSE: HAL] shares were valued at $26.74 at the most recent close of the market. An investor can expect a potential return of 40.24% based on the average HAL price forecast.
Analyzing the HAL fundamentals
Halliburton Co [NYSE:HAL] reported sales of 22.94B for the trailing twelve months, which represents a drop of -2.25%. 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 0.25 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.82.
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 26.31 points at the first support level, and at 25.87 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.07, and for the 2nd resistance point, it is at 27.40.
Ratios To Look Out For
For context, Halliburton Co’s Current Ratio is 2.05. As well, the Quick Ratio is 1.54, while the Cash Ratio is 0.43. Considering the valuation of this stock, the price to sales ratio is 1.01, the price to book ratio is 2.21 and price to earnings (TTM) ratio is 9.44.
Transactions by insiders
Recent insider trading involved Carre Eric, EVP & Chief Financial Officer, that happened on Feb 11 ’25 when 0.14 million shares were sold. Officer, Carre Eric completed a deal on Feb 11 ’25 to buy 0.14 million shares. Meanwhile, Former Officer Jones Myrtle L bought 10487.0 shares on Jan 15 ’25.
