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.
HAL was given price targets by several analysts. The maximum price target given was 70, implying a possible profit of 62.45 percent. The lowest price target was 38, implying potential capital losses of -11.81 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 10.8 percent. The average change in earnings estimates over the last 90 days is 14.31 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 8.63 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 10.32 percent.
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, compared to 2 analysts that revised their FY estimates downwards.
In the last 52-weeks, HAL has achieved a high of 58.78 and a low of 40.12. Currently the stock is 7.4 percent higher than its low, 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.