In the last trading session, 10.76 million shares of the Schlumberger Ltd. (NYSE:SLB) were traded, and its beta was 1.62. Most recently the company’s share price was $49.51, and it changed around -$0.34 or -0.68% from the last close, which brings the market valuation of the company to $70.46B. SLB currently trades at a discount to its 52-week high of $62.12, offering almost -25.47% off that amount. The share price’s 52-week low was $42.73, which indicates that the current value has risen by an impressive 13.69% since then. We note from Schlumberger Ltd.’s average daily trading volume that its 3-month average coming to 10.86 million.

Schlumberger Ltd. stock received a consensus recommendation rating of Buy, based on a mean score of 1.31. If we narrow it down even further, the data shows that 0 out of 37 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 11 recommended SLB as a Hold, whereas 19 deemed it a Buy, and 0 rated it as Underweight. Schlumberger Ltd. is expected to report earnings per share of $Albemarle Corporation for the current quarter.

Schlumberger Ltd. (NYSE:SLB) trade information

Instantly SLB has showed a red trend with a performance of -0.68% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently down -4.86% year-to-date, but still down -4.18% over the last five days. On the other hand, Schlumberger Ltd. (NYSE:SLB) is -9.06% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $52.93, which translates to bulls needing to increase their stock price by 6.46% from its current value. Analyst projections state that SLB is forecast to be at a low of $43 and a high of $81.

Schlumberger Ltd. (SLB) estimates and forecasts

Schlumberger Ltd. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -17.44 percent over the past six months and at a 17.79% annual growth rate that is well above the industry average of 1.50%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 13.74%. Schlumberger Ltd. earnings are expected to increase by 18.14% in 2024, but the outlook is positive 19.70% per year for the next five years.

SLB Dividends

Schlumberger Ltd.’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 2.07 percent and its annual dividend per share was 1.02. It is important to note, however, that the 2.07% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.