Analyst Ratings for Schlumberger Ltd. (SLB)Updated: 2017-07-28
Analysts covering Schlumberger Ltd. (NYSE:SLB) have given it a consensus rating of Overweight. Last month, SLB received an average rating of Overweight.
A buy rating was issued by 22 analysts, 4 gave an overweight rating, 11 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 7. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for SLB by the analysts covering the stock. The highest price target was 93, which equates to a potential upside of 37.21 percent. The minimum price target given was 63, implying potential capital losses of -7.05 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.22 percent. The average change in earnings estimates over the last 90 days is 0.03 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.7 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -0.99 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 6 analysts increased their quarterly estimates, while 5 analysts revised their estimates downwards. Also over the last month, 8 analysts increased their estimates for the FY earnings, while 5 analysts decreased their estimates.
The growth rate of SLB's earnings is estimated by analysts to be 1067.97 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of SLB is 0.49.
SLB has a 52-week high of 87.84 and a 52-week low of 64.15. The current market price is above the trailing year's low by 5.66 percent, and 22.84 percent lower than its 52-week high. SLB has a P/E ratio of 521.38. Investors typically compare the P/E ratio to a company's peers in the industry. The SLB value stock report compares SLB to some of its peers using value stock charts. The stock has a market capitalization of $93.08 billion. SLB will post this quarters earnings in days, on 0000-00-00.