News headlines about Halliburton (NYSE:HAL) have trended somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Halliburton earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned press coverage about the oilfield services company an impact score of 46.3897845776968 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news stories that may have impacted Accern’s scoring:
- No tax payable for large Australian and foreign companies (theaustralian.com.au)
- ETFs with exposure to Halliburton Co. : December 7, 2017 (finance.yahoo.com)
- Analysts expect these energy stocks to rise the most in 2018 as oil rebounds (finance.yahoo.com)
- James S. Brown Sells 29,485 Shares of Halliburton Company (HAL) Stock (americanbankingnews.com)
- Securities class action defendants, law profs claim 2nd Circuit has run amok (reuters.com)
HAL has been the subject of a number of research analyst reports. J P Morgan Chase & Co decreased their price objective on shares of Halliburton from $60.00 to $55.00 and set an “overweight” rating for the company in a report on Tuesday, September 12th. Loop Capital restated a “buy” rating and set a $57.00 price objective (down previously from $62.00) on shares of Halliburton in a report on Tuesday, October 24th. Scotiabank restated a “buy” rating and set a $52.00 price objective on shares of Halliburton in a report on Wednesday, October 25th. Jefferies Group set a $56.00 price objective on shares of Halliburton and gave the stock a “buy” rating in a report on Monday, August 28th. Finally, Citigroup decreased their price objective on shares of Halliburton from $54.00 to $52.00 and set a “buy” rating for the company in a report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, twenty-five have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $57.55.
Shares of Halliburton (NYSE:HAL) traded up $0.08 during trading hours on Thursday, reaching $43.46. 6,269,352 shares of the company’s stock were exchanged, compared to its average volume of 8,776,092. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.20 and a quick ratio of 1.67. The company has a market capitalization of $37,920.00, a price-to-earnings ratio of 59.77, a PEG ratio of 4.71 and a beta of 1.03. Halliburton has a 12-month low of $38.18 and a 12-month high of $58.78.
Halliburton (NYSE:HAL) last issued its earnings results on Monday, October 23rd. The oilfield services company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.04. The firm had revenue of $5.44 billion during the quarter, compared to analyst estimates of $5.35 billion. Halliburton had a net margin of 1.13% and a return on equity of 6.93%. The company’s quarterly revenue was up 42.0% on a year-over-year basis. During the same quarter last year, the business earned $0.01 earnings per share. sell-side analysts expect that Halliburton will post 1.16 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, December 7th will be given a dividend of $0.18 per share. The ex-dividend date is Wednesday, December 6th. This represents a $0.72 dividend on an annualized basis and a yield of 1.66%. Halliburton’s dividend payout ratio is presently 300.00%.
In other news, EVP Lawrence J. Pope sold 9,100 shares of the firm’s stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $41.35, for a total value of $376,285.00. Following the completion of the transaction, the executive vice president now directly owns 180,646 shares in the company, valued at $7,469,712.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider James S. Brown sold 29,485 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $44.01, for a total transaction of $1,297,634.85. Following the completion of the transaction, the insider now owns 129,646 shares of the company’s stock, valued at $5,705,720.46. The disclosure for this sale can be found here. Insiders have sold 88,585 shares of company stock valued at $3,858,920 in the last quarter. Company insiders own 0.46% of the company’s stock.
Halliburton Company provides services and products to the upstream oil and natural gas industry throughout the lifecycle of the reservoir, from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the field.
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