Halliburton Co. (NYSE:HAL)’s traded shares stood at 1.41 million during the latest session, with the company’s beta value hitting 2.01. At the last check today, the stock’s price was $39.14, to imply an increase of 1.27% or $0.49 in intraday trading. The HAL share’s 52-week high remains $43.85, putting it -12.03% down since that peak but still an impressive 28.87% since price per share fell to its 52-week low of $27.84. The company has a valuation of $34.84B, with an average of 7.24 million shares over the past 3 months.
Halliburton Co. (NYSE:HAL) trade information
After registering a 1.27% upside in the latest session, Halliburton Co. (HAL) has traded red over the past five days. The stock hit a weekly high of 40.17, jumping 1.27% in its intraday price action. The 5-day price performance for the stock is -1.34%, and 2.41% over 30 days. With these gigs, the year-to-date price performance is 8.27%.
Halliburton Co. (HAL) estimates and forecasts
Looking at statistics comparing Halliburton Co. share performance against respective industry, we note that the company has outperformed competitors. Halliburton Co. (HAL) shares are -9.25% down over the last 6 months, with its year-to-date growth rate higher than industry average at 9.27% against 3.30%. Revenue is forecast to grow 2.80% this quarter before jumping 5.20% for the next one. The rating firms project that company’s revenue will grow 5.30% compared to the previous financial year.
Revenue forecast for the current quarter as set by 20 analysts is $5.67 billion. Meanwhile, for the quarter ending Jun 2024, a total of 20 analyst(s) estimate revenue growth to $5.95 billion.Earnings reports from the last fiscal year show that sales brought in $5.68 billion and $5.8 billion respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -0.10% before jumping 2.60% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 9.14% for the past 5-year period. While 2024 is set for a 8.38% return in earnings, projections for the next 5 years are at 14.60% annually.
HAL Dividends
Halliburton Co. has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Halliburton Co. has a forward dividend ratio of 0.65, with the share yield ticking at 1.66% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
