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.
A number of analysts gave price targets for HAL. The most optimistic price target was 70, which equates to a potential upside of 62.45 percent. The lowest price target 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 10.8 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 14.31 percent. Meanwhile, fiscal year estimates have been revised upwards by 8.63 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 10.32 percent.
People are often interested in whether analysts were united in the direction of their revisions. 7 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. Also over the last month, 8 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's 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 will post this quarters earnings in days, on 0000-00-00.