Halliburton Co's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 5 out of 98 in the Oil & Gas Related Equipment and Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 35.79.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Halliburton Co is 8.68, ranking 10 out of 98 in the Oil & Gas Related Equipment and Services industry. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 5.66B, representing a year-over-year increase of 0.84%, while its net profit experienced a year-over-year increase of 4.23%.
Key Metrics
The current valuation score of Halliburton Co is 7.97, ranking 40 out of 98 in the Oil & Gas Related Equipment and Services industry. Its current P/E ratio is 22.29, which is 10.08% below the recent high of 24.53 and 61.78% above the recent low of 8.52.
The current earnings forecast score of Halliburton Co is 7.71, ranking 45 out of 98 in the Oil & Gas Related Equipment and Services industry. The average price target is 30.00, with a high of 38.00 and a low of 24.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Halliburton Co is 9.07, ranking 65 out of 98 in the Oil & Gas Related Equipment and Services industry. Currently, the stock price is trading between the resistance level at 36.64 and the support level at 29.30, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Halliburton Co is 10.00, ranking 1 out of 98 in the Oil & Gas Related Equipment and Services industry. The latest institutional shareholding proportion is 90.75%, representing a quarter-over-quarter decrease of 3.37%. The largest institutional shareholder is The Vanguard, holding a total of 100.63M shares, representing 11.96% of shares outstanding, with 0.55% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Oil & Gas Related Equipment and Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Halliburton Co is 7.03, ranking 47 out of 98 in the Oil & Gas Related Equipment and Services industry. The company's beta value is 0.77. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.
