Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $49.12 on Halliburton Company (NYSE:HAL) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $-0.23 for the next fiscal and $N/A for underway quarter. Valuation Estimates Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Halliburton Company (NYSE:HAL) stands at N/A. Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Halliburton Company Common Stoc, the PEG ratio for coming 3-5 years is -19.88. Technical Analysis The technical analysis highlights that Halliburton Company Common Stoc current price is trading $0.68 points away +1.54% from $44.26, which stands as the 50-day moving average of the firm. The stock’s 200-day MA is $37.49 and, for now, the stock price is trading $7.45 or +19.86% away from that point. The 52-week high of Halliburton Company (NYSE:HAL) was $46.69 while lowest point recorded in 52-week was $27.64. It implies if stock price makes a movement of over $-1.75, it will record a new 52-week high. In the case of $+62.59% points drop, it will touch a new 52-week low.
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