Stock To Watch: Schlumberger N.V. (NYSE:SLB)


The leading market experts have placed a mean price target of $92.56 on Schlumberger N.V. (NYSE:SLB) 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 $0.27 a share for the upcoming quarter and $1.14 for the current fiscal.

Technical View

The technical analysis of Schlumberger N.V. Common Stock plainly substantiates that the 50-day moving average of Schlumberger N.V. Common Stock is $79.13, and stock is trading $3.25 points away or +4.11% from its 50-day moving average of $79.13. Further it is trading $6.86 or +9.09% away its 200-day moving average of $75.52. Schlumberger N.V. (NYSE:SLB) 52-week high is $85.12 and the 52-week low is $59.60.

This explains if the stock moves $-2.74, it will post a 52-week high. In event of +38.22% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Schlumberger N.V. Common Stock, 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, Schlumberger N.V. (NYSE:SLB) ratio came in at N/A.

The stock last ended the trading session at $82.38 and registered a market cap of $114.57B. 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. Schlumberger N.V. (NYSE:SLB) PEG ratio is at 10.18.

1 Chart Pattern Every Investor Should Know

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