Schlumberger Ltd [SLB] stock is trading at $42.20, up 0.96%. An important factor to consider is whether the stock is rising or falling in short-term value. The SLB shares have lost -0.19% over the last week, with a monthly amount glided 5.98%, 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 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.
Schlumberger Ltd [SLB] stock has fluctuated between $36.52 and $55.65 over the past year. Currently, Wall Street analysts expect the stock to reach $57 within the next 12 months. Schlumberger Ltd [NYSE: SLB] shares were valued at $42.20 at the most recent close of the market. An investor can expect a potential return of 35.07% based on the average SLB price forecast.
Analyzing the SLB fundamentals
Schlumberger Ltd [NYSE:SLB] reported sales of 36.31B for the trailing twelve months, which represents a growth of 3.32%. 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 41.60 points at the first support level, and at 41.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.63, and for the 2nd resistance point, it is at 43.05.
Ratios To Look Out For
For context, Schlumberger Ltd’s Current Ratio is 1.45. On the other hand, the Quick Ratio is 1.11, and the Cash Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 1.58, the price to book ratio is 2.80 and price to earnings (TTM) ratio is 13.58.
Transactions by insiders
Recent insider trading involved Raman Aparna, Chief Strategy & Mktg Officer, that happened on Mar 28 ’25 when 25133.0 shares were sold. Officer, Raman Aparna completed a deal on Mar 28 ’25 to buy 25133.0 shares. Meanwhile, President New Energy Rennick Gavin sold 26990.0 shares on Feb 26 ’25.
