In recent trading session, Schlumberger Ltd (NYSE:SLB) saw 2.51 million shares changing hands at last check today with its beta currently measuring 1.10. Company’s recent per share price level of $34.67 trading at $0.64 or 1.90% at last check today assigns it a market valuation of $47.15B. That most recent trading price of SLB’s stock is at a discount of -46.93% from its 52-week high price of $50.94 and is indicating a premium of 10.27% from its 52-week low price of $31.11. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 20.71 million shares which gives us an average trading volume of 17.76 million if we extend that period to 3-months.
For Schlumberger Ltd (SLB), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.45. Splitting up the data highlights that, out of 13 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 13 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.73 in the current quarter.
Schlumberger Ltd (NYSE:SLB) trade information
Upright in the green today for gaining 1.90%, in the last five days SLB remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $34.67 price level, adding 2.58% to its value on the day. Schlumberger Ltd’s shares saw a change of -9.56% in year-to-date performance and have moved 1.54% in past 5-day. Schlumberger Ltd (NYSE:SLB) showed a performance of -17.99% in past 30-days. Number of shares sold short was 69.05 million shares which calculate 3.9 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 53.5 to the stock, which implies a rise of 35.2% to its recent value today. Analysts have been projecting 48 as a low price target for the stock while placing it at a high target of 59. It follows that stock’s current price would drop -38.45% in reaching the projected high whereas dropping to the targeted low would mean a loss of -38.45% for stock’s current value.
Schlumberger Ltd (SLB) estimates and forecasts
This year revenue growth is estimated to rise 2.32% from the last financial year’s standing.
17 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 8.59B for the same. And 8 analysts are in estimates of company making revenue of 9.18B in the next quarter. Company posted 8.71B and 9.14B of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around -1.89% while estimates for its earnings growth in next 5 years are of 5.62%.
SLB Dividends
Schlumberger Ltd is more likely to be releasing its next quarterly report on 2025-Jan-16 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 3.20%, the share has a forward dividend of 1.11 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 2.51%.
Schlumberger Ltd (NYSE:SLB)’s Major holders
Insiders are in possession of 0.22% of company’s total shares while institution are holding 89.21 percent of that, with stock having share float percentage of 89.41%. Investors also watch the number of corporate investors in a company very closely, which is 89.21% institutions for Schlumberger Ltd that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at SLB for having 136.28 million shares of worth $6.43 billion. And as of 2024-06-30, it was holding 9.5431 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 119.84 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.3925 of outstanding shares, having a total worth of $5.65 billion.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 44.21 shares of worth $1.54 billion or 3.25% of the total outstanding shares. The later fund manager was in possession of 38.22 shares on Dec 31, 2024 , making its stake of worth around $1.33 billion in the company or a holder of 2.81% of company’s stock.
