In the latest trading session, 1.82 million Schlumberger Ltd (NYSE:SLB) shares changed hands as the company’s beta touched 1.13. With the company’s most recent per share price at $41.41 changing hands around $0.28 or 0.68% at last look, the market valuation stands at $56.31B. SLB’s current price is a discount, trading about -34.48% off its 52-week high of $55.69. The share price had its 52-week low at $36.52, which suggests the last value was 11.81% up since then. When we look at Schlumberger Ltd’s average trading volume, we note the 10-day average is 14.45 million shares, with the 3-month average coming to 14.22 million.

Analysts gave the Schlumberger Ltd (SLB) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.53. If we narrow down to specifics, the data shows that 0 out of 13 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended SLB as a Hold, 13 felt it is a Buy and 0 rated the stock as Underweight. Schlumberger Ltd’s EPS for the current quarter is expected to be 0.73.

Schlumberger Ltd (NYSE:SLB) trade information

Instantly SLB is in green as seen in intraday trades today. With action 3.40%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 8.01%, with the 5-day performance at 3.40% in the green. However, in the 30-day time frame, Schlumberger Ltd (NYSE:SLB) is -2.91% down. Looking at the short shares, we see there were 77.41 million shares sold at short interest cover period of 5.94 days.

The consensus price target for the stock as assigned by Wall Street analysts is 57, meaning bulls need an upside of 27.35% from its recent market value. According to analyst projections, SLB’s forecast low is 52 with 68 as the target high. To hit the forecast high, the stock’s price needs a -64.21% plunge from its current level, while the stock would need to soar -25.57% for it to hit the projected low.

Schlumberger Ltd (SLB) estimates and forecasts

Year-over-year growth is forecast to reach 1.05% up from the last financial year.

Consensus estimates given by 16 financial analysts project the company’s revenue in the current quarter to hit an average of 8.64B. 11 analysts are of the opinion that Schlumberger Ltd’s revenue for the current quarter will be 9.11B. The company’s revenue for the corresponding quarters a year ago was 8.71B and 9.14B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -0.73%. The estimates for the next quarter sales put growth at -0.34%.

The 2025 estimates are for Schlumberger Ltd earnings to increase by 0.71%, but the outlook for the next 5-year period is at 6.83% per year.

SLB Dividends

Schlumberger Ltd is expected to release its next quarterly earnings report on 2025-Jan-16. The 2.68% annual yield figure for the share gives it an annual dividend of 1.11. It is important to note, however, that the 2.68% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 2.72 per year.

Schlumberger Ltd (NYSE:SLB)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 0.23% of Schlumberger Ltd shares while 89.14% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 89.34%. There are 89.14% institutions holding the Schlumberger Ltd stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 9.5231% of the shares, roughly 136.28 million SLB shares worth $6.43 billion.

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 8.3749% or 119.84 million shares worth $5.65 billion as of 2024-06-30.

Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. With 44.21 shares estimated at $1.84 billion under it, the former controlled 3.25% of total outstanding shares. On the other hand, Vanguard 500 Index Fund held about 2.81% of the shares, roughly 38.22 shares worth around $1.59 billion.