News articles about Halliburton (NYSE:HAL) have trended somewhat positive recently, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by reviewing more than 20 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 0.13 on Accern’s scale. Accern also gave press coverage about the oilfield services company an impact score of 47.226484104361 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- 3 Things You Need to Know About America's Oil Market Right Now (finance.yahoo.com)
- Stock Performance in Focus: Halliburton Company, (NYSE: HAL) (topstocksnews.com)
- Global Drilling Waste Management Market 2018-2022 with Baker Hughes, Halliburton, National Oilwell Varco … (newsok.com)
- US STOCKS ON THE MOVE-Twitter, GameStop, Halliburton, Tilly’s, RH, ProQR, Tesaro (nasdaq.com)
- Halliburton Becomes Oversold (HAL) (nasdaq.com)
NYSE:HAL opened at $36.86 on Friday. Halliburton has a 1-year low of $36.78 and a 1-year high of $57.86. The stock has a market capitalization of $35.10 billion, a P/E ratio of 30.21, a price-to-earnings-growth ratio of 2.29 and a beta of 1.01. The company has a quick ratio of 1.72, a current ratio of 2.24 and a debt-to-equity ratio of 1.18.
Halliburton (NYSE:HAL) last released its quarterly earnings data on Monday, July 23rd. The oilfield services company reported $0.58 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.59 by ($0.01). Halliburton had a return on equity of 19.48% and a net margin of 0.42%. The business had revenue of $6.15 billion during the quarter, compared to analysts’ expectations of $6.12 billion. During the same period last year, the company earned $0.23 earnings per share. The firm’s revenue was up 24.0% compared to the same quarter last year. analysts predict that Halliburton will post 2.18 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 26th. Investors of record on Wednesday, September 5th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date is Tuesday, September 4th. Halliburton’s dividend payout ratio (DPR) is presently 59.02%.
A number of research analysts have recently commented on HAL shares. ValuEngine cut shares of Halliburton from a “hold” rating to a “sell” rating in a report on Tuesday, July 24th. Citigroup cut their price target on shares of Halliburton from $61.00 to $53.00 and set a “buy” rating on the stock in a report on Monday, June 25th. Jefferies Financial Group set a $52.00 price target on shares of Halliburton and gave the stock a “buy” rating in a report on Tuesday, July 24th. Cowen cut their price target on shares of Halliburton from $51.00 to $47.00 and set a “market perform” rating on the stock in a report on Tuesday, July 24th. Finally, Zacks Investment Research cut shares of Halliburton from a “buy” rating to a “hold” rating in a report on Monday, July 2nd. One analyst has rated the stock with a sell rating, three have given a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $55.82.
In other Halliburton news, Director Murry Gerber acquired 5,800 shares of the stock in a transaction that occurred on Thursday, July 26th. The stock was bought at an average cost of $40.66 per share, with a total value of $235,828.00. Following the completion of the purchase, the director now directly owns 60,961 shares in the company, valued at $2,478,674.26. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.54% of the stock is owned by corporate insiders.
Halliburton Company provides a range of services and products to oil and natural gas companies worldwide. The company's Completion and Production segment offers production enhancement services, including stimulation and sand control services; and cementing services, such as bonding the well, well casing, and casing equipment.
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