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.
Investment analysts gave a few price targets for SLB. The maximum price target given was 93, implying potential capital gains of 37.21 percent. The minimum price target given was 63, which equates to a potential downside of -7.05 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.22 percent. That number becomes 0.03 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 1.7 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.99 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 6 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 5 analysts that decreased their estimates. Over the same time period, 8 analysts revised their FY earnings estimates upwards, while 5 analysts decreased their estimates.
Analysts estimate earnings of SLB to grow at a rate of 1067.97 percent. Another measure frequently examined by investors is the PEG ratio. 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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 market cap of SLB is $93.08 billion. SLB is estimated to release their earnings results for the quarter on 0000-00-00, days from today.