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, implying a possible profit of 37.21 percent. The most pessimistic price target was 63, which equates to a potential downside of -7.05 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 1.22 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0.03 percent. 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 have revised their quarterly estimates upwards in the past 30 days, 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.

SLB has an estimated earnings growth rate of 1067.97 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. SLB has a PEG ratio of 0.49.

SLB has a 52-week high of 87.84 and a 52-week low of 64.15. Today's price is 5.66 percent above the 52-week low, and below the high by 22.84 percent. SLB has a price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.