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 highest price target was 70, which equates to a potential upside of 62.45 percent. The lowest price target was 38, which equates to a potential downside of -11.81 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
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. Over the past 30 days, FY earnings estimates have also changed upwards by 8.63 percent. If we look at the last 90 days instead, we find a net average change of 10.32 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 7 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. During this time, 8 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
In the last 52-weeks, HAL has achieved a high of 58.78 and a low of 40.12. 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 price/earnings 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.