The leading market experts have placed a mean price target of $51.52 on Halliburton Company (NYSE:HAL) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $-0.04 a share for the upcoming quarter and $-0.18 for the current fiscal.
The technical analysis of Halliburton Company Common Stoc plainly substantiates that the 50-day moving average of Halliburton Company Common Stoc is $43.96, and stock is trading $-0.12 points away or -0.27% from its 50-day moving average of $43.96. Further it is trading $4.76 or +12.17% away its 200-day moving average of $39.08. Halliburton Company (NYSE:HAL) 52-week high is $46.69 and the 52-week low is $27.64.
This explains if the stock moves $-2.85, it will post a 52-week high. In event of +58.61% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Halliburton Company Common Stoc, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Halliburton Company (NYSE:HAL) ratio came in at N/A.
The stock last ended the trading session at $43.84 and registered a market cap of $37.75B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Halliburton Company (NYSE:HAL) PEG ratio is at -16.97.
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