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.
Many analysts weighed in on price targets for SLB. The maximum price target given was 93, implying a possible profit of 37.21 percent. The minimum price target given 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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. 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, while 5 analysts revised their estimates downwards. During this time, 8 analysts made positive revisions in their estimates for this fiscal year's earnings, while 5 analysts decreased their 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, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, 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. 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 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.