Analyst Ratings for Halliburton Co. (HAL)Updated: 2017-07-28
An average rating of Buy has been given to Halliburton Co. (NYSE:HAL) by analysts covering the stock. About 30 days ago, HAL was issued an average rating of Buy.
A buy rating was issued by 29 analysts, 3 gave an overweight rating, 5 gave a hold rating, 1 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 4 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
Investment analysts gave a few price targets for HAL. The highest price target was 70, implying potential capital gains of 62.45 percent. The minimum price target given was 38, implying a possible loss of -11.81 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 10.8 percent. That number becomes 14.31 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 8.63 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 10.32 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 7 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. Over the same time period, 8 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
HAL has traded between a high of 58.78 and a low of 40.12 over the past year. The current market price is above the trailing year's low by 7.4 percent, and 26.69 percent below the high. HAL has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The HAL value stock report compares HAL to some of its peers using value stock charts. The market cap of HAL is $37.6 billion. HAL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.