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.
SLB was given price targets by several analysts. The highest price target was 93, which equates to a potential upside of 37.21 percent. The most pessimistic price target was 63, implying a possible loss of -7.05 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.7 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.99 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 6 analysts increased their quarterly estimates, 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 made negative revisions to their fiscal year's estimates.
SLB has an estimated earnings growth rate of 1067.97 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. 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 traded between a high of 87.84 and a low of 64.15 over the past year. Currently the stock is 5.66 percent higher than its low, and 22.84 percent below the 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's next earnings release will be on 0000-00-00, which is days away.