Halliburton Company (NYSE:HAL) Projected EPS At $-0.04 For Next Quarter


Halliburton Company (NYSE:HAL) has a mean price target of $51.44 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $-0.04 a share for the very next quarter and $-0.17 for this year.

Technical View

The technical study of Halliburton Company Common Stoc demonstrates that the 50-day moving average of Halliburton Company (NYSE:HAL) stock is $43.79, and is trading $-2.75 points away or -6.29% from 50-day moving average of $43.79. It is trading $-0.16 or -0.38% away 200-day moving average of $41.20.

The 52-week high of Halliburton Company (NYSE:HAL) was $46.90 while $27.64 is the low mark in the same period. It state Halliburton Company Common Stoc share price has to surge more than $-5.86 to hit 52-week high or drop +48.48% to make a 52-week mark. MA here hints at moving average.

Taking the valuation part to reach the estimation of Halliburton Company Common Stoc, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Halliburton Company (NYSE:HAL) ratio came in at N/A, after dividing current equity price by yearly earnings. Halliburton Company Common Stoc stock recorded a close of $41.04 in last trading session, registering a market cap of $35.34B.

The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.

Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Halliburton Company (NYSE:HAL) PEG ratio is at -16.82.

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