In last trading session, Schlumberger Ltd (NYSE:SLB) saw 14.2 million shares changing hands with its beta currently measuring 1.02. Company’s recent per share price level of $33.83 trading at $0.65 or 1.96% at ring of the bell on the day assigns it a market valuation of $46.01B. That closing price of SLB’s stock is at a discount of -50.58% from its 52-week high price of $50.94 and is indicating a premium of 8.04% 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 18.34 million shares which gives us an average trading volume of 17.38 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 1.42. 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.
Schlumberger Ltd (NYSE:SLB) trade information
Upright in the green during last session for gaining 1.96%, in the last five days SLB remained trading in the red while hitting it’s week-highest on Monday, 06/23/25 when the stock touched $33.83 price level, adding 6.47% to its value on the day. Schlumberger Ltd’s shares saw a change of -28.75% in year-to-date performance and have moved -5.63% in past 5-day. Schlumberger Ltd (NYSE:SLB) showed a performance of -0.29% in past 30-days. Number of shares sold short was 61.95 million shares which calculate 4.85 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 48 to the stock, which implies a rise of 29.52% to its current value. Analysts have been projecting 43 as a low price target for the stock while placing it at a high target of 53. It follows that stock’s current price would drop -27.11% in reaching the projected high whereas dropping to the targeted low would mean a loss of -27.11% for stock’s current value.
In 2025, company’s earnings growth rate is likely to be around -8.89% while estimates for its earnings growth in next 5 years are of 3.68%.
SLB Dividends
Schlumberger Ltd is more likely to be releasing its next quarterly report on 2025-Apr-25 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 3.31%, the share has a forward dividend of 1.12 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 2.25%.
Schlumberger Ltd (NYSE:SLB)’s Major holders
Insiders are in possession of 0.23% of company’s total shares while institution are holding 89.20 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 89.20% 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.
