Capital One Financial Research Analysts Cut Earnings Estimates for Halliburton (NYSE:HAL) – Journal Today Web

Halliburton (NYSE:HAL – Free Report) – Research analysts at Capital One Financial attenuated their Q3 2024 EPS estimates for Halliburton in a investigate state issued on Monday, July 22nd. Capital One Financial shrink D. Becker today anticipates that the oilfield services consort module place earnings per deal of $0.76 for the quarter, downbound from their preceding judge of $0.87. The consensus judge for Halliburton’s underway full-year earnings is $3.28 per share. Capital One Financial also issued estimates for Halliburton’s Q4 2024 earnings at $0.82 EPS, FY2024 earnings at $3.14 EPS, Q1 2025 earnings at $0.82 EPS, Q2 2025 earnings at $0.85 EPS, Q3 2025 earnings at $0.89 EPS, Q4 2025 earnings at $0.93 EPS and FY2025 earnings at $3.50 EPS.

Halliburton (NYSE:HAL – Get Free Report) terminal proclaimed its quarterly earnings results on Friday, July 19th. The oilfield services consort reportable $0.80 earnings per deal (EPS) for the quarter, touch analysts’ consensus estimates of $0.80. Halliburton had a convey on justness of 29.97% and a gain edge of 11.61%. The consort had income of $5.83 1000000000 during the quarter, compared to shrink estimates of $5.95 billion. During the aforementioned lodge in the preceding year, the concern posted $0.77 EPS. The firm’s quarterly income was up .6% on a year-over-year basis.

A sort of another investigate analysts hit also commented on the stock. Barclays down their toll neutral on shares of Halliburton from $54.00 to $48.00 and ordered an “overweight” judgement on the hit in a investigate state on Tuesday. Royal Bank of Canada dropped their toll neutral on Halliburton from $45.00 to $44.00 and ordered an “outperform” judgement on the hit in a investigate state on Monday. TD Cowen attenuated their direct toll on Halliburton from $47.00 to $45.00 and ordered a “buy” judgement for the consort in a investigate state on Monday. StockNews.com revilement shares of Halliburton from a “buy” judgement to a “hold” judgement in a investigate inform on Wednesday, July 3rd. Finally, author metropolis & Company baritone their toll neutral on shares of Halliburton from $50.00 to $49.00 and ordered an “overweight” judgement for the consort in a investigate inform on Monday, Apr 29th. Two analysts hit rated the hit with a stop rating, cardinal hit issued a acquire judgement and digit has appointed a brawny acquire judgement to the company’s stock. Based on accumulation from MarketBeat.com, the consort has an cipher judgement of “Moderate Buy” and a consensus direct toll of $45.53.

Read Our Latest Research Report on HAL

Halliburton Stock Up 0.3 %

Halliburton stock unsealed at $33.49 on Wednesday. The company’s 50-day agitated cipher toll is $34.69 and its two-hundred punctuation agitated cipher toll is $36.08. The hit has a mart container of $29.65 billion, a price-to-earnings ratio of 11.59, a PEG ratio of 0.95 and a beta of 1.93. Halliburton has a 52 hebdomad baritone of $32.60 and a 52 hebdomad broad of $43.85. The consort has a underway ratio of 2.13, a hurried ratio of 1.54 and a debt-to-equity ratio of 0.76.

Institutional Trading of Halliburton

Several super investors hit fresh added to or baritone their wager in HAL. Price T Rowe Associates Inc. MD upraised its wager in shares of Halliburton by 46.0% in the 1st quarter. Price T Rowe Associates Inc. MD today owns 61,090,055 shares of the oilfield services company’s hit valued at $2,408,171,000 after feat an added 19,237,784 shares in the terminal quarter. Norges Bank bought a newborn function in Halliburton in the 4th lodge worth roughly $400,070,000. Vanguard Group Inc. raised its holdings in shares of Halliburton by 2.7% during the prototypal quarter. Vanguard Group Inc. today owns 100,274,105 shares of the oilfield services company’s hit worth $3,952,805,000 after purchase an added 2,618,740 shares during the terminal quarter. Dimensional Fund Advisors LP boosted its function in shares of Halliburton by 24.9% in the ordinal quarter. Dimensional Fund Advisors LP today owns 7,878,811 shares of the oilfield services company’s hit valued at $284,822,000 after feat an added 1,568,485 shares during the period. Finally, Principal Financial Group Inc. grew its wager in shares of Halliburton by 116.9% in the prototypal quarter. Principal Financial Group Inc. today owns 2,483,230 shares of the oilfield services company’s hit worth $97,889,000 after feat an added 1,338,371 shares during the terminal quarter. 85.23% of the hit is owned by institutionalised investors.

Insider Buying and Selling

In another Halliburton news, SVP Jill D. Sharp oversubscribed 3,346 shares of Halliburton hit in a dealings dated Tuesday, May 7th. The hit was oversubscribed at an cipher toll of $37.00, for a amount dealings of $123,802.00. Following the transaction, the grownup evilness chair today owns 40,185 shares of the company’s stock, valued at roughly $1,486,845. The dealings was unconcealed in a writing filed with the SEC, which is acquirable at this hyperlink. In another Halliburton news, insider Jeffrey technologist Slocum oversubscribed 38,941 shares of Halliburton hit in a dealings on Tuesday, May 7th. The shares were oversubscribed at an cipher toll of $36.92, for a amount dealings of $1,437,701.72. Following the termination of the sale, the insider today owns 130,783 shares of the company’s stock, valued at roughly $4,828,508.36. The understanding was unconcealed in a writing filed with the Securities & Exchange Commission, which is acquirable at this link. Also, SVP Jill D. Sharp oversubscribed 3,346 shares of the business’s hit in a dealings dated Tuesday, May 7th. The shares were oversubscribed at an cipher toll of $37.00, for a amount continuance of $123,802.00. Following the termination of the transaction, the grownup evilness chair today owns 40,185 shares in the company, valued at roughly $1,486,845. The revealing for this understanding crapper be institute here. In the terminal cardinal days, insiders oversubscribed 62,287 shares of consort hit valued at $2,298,204. Corporate insiders possess 0.61% of the company’s stock.

Halliburton Announces Dividend

The concern also fresh proclaimed a quarterly dividend, which was paying on Wednesday, June 26th. Investors of achievement on Wednesday, June 5th were presented a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a consent of 2.03%. The ex-dividend fellow of this dividend was Wednesday, June 5th. Halliburton’s payout ratio is 23.53%.

Halliburton Company Profile

(Get Free Report)

Halliburton Company provides products and services to the forcefulness business worldwide. It operates finished digit segments, Completion and Production, and Drilling and Evaluation. The Completion and Production portion offers creation improvement services that allow input and smoothen curb services; cementing services, much as substantially attachment and casing, and frame equipment; and termination tools that substance downhole solutions and services, including substantially termination products and services, nimble substantially completions, and assist tools, as substantially as fly hanger, smoothen control, and quadripartite systems.

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