Momentum Is Strong For Halliburton Co. (NYSE: HAL)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Oil & Gas Equipment & Services industry segment, falling under the Energy sector. At the end of the last regular session, the stock closed at $32.83 and fluctuated between $33.31 as its day high and $32.63 as its day low. The current market capitalization of Halliburton Co. is $29.06B. A total of 6.67 million shares were traded on the day, compared to an average of 7.20M shares.

In the most recent transaction, Sharp Jill D. sold 6,933 shares of HAL for 38.00 per share on May 20 ’24. After the transaction, the SVP Internal Assurance Svcs. now owns 33,251 company shares. In a previous transaction on May 20 ’24, Geer Charles Jr. sold 3,000 shares at 38.00 per share. HAL shares that SVP & Chief Accounting Officer owns now total 97,084.

Among the insiders who sold shares, Slocum Jeffrey Shannon disposed of 38,941 shares on May 07 ’24 at a per-share price of $36.92. This resulted in the President – Eastern Hemisphere holding 130,783 shares of HAL after the transaction. In another insider transaction, Jones Myrtle L sold 25,479 shares at $36.92 per share on May 07 ’24. Company shares held by the Senior Vice Pres – Tax now total 38,620.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Halliburton Co. pays an annual dividend of $0.66, resulting in a dividend yield of 2.01%, and it has a price to earnings (P/E) ratio of 11.37. HAL’s most recent ex-dividend date was 6/5/2024 when it declared a $0.17 quarterly dividend that was paid in cash on 6/26/2024. Previously, the company paid the dividend on 3/27/2024 with an ex-dividend date of 3/5/2024. The HAL stock dividend was $0.17 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, HAL has a high of $43.85 and a low of $32.60.

As of this writing, HAL has an earnings estimate of $0.8 per share for the current quarter. EPS was calculated based on a consensus of 24.0 estimates, with a high estimate of $0.82 per share and a lower estimate of $0.79. The company reported an EPS of $0.77 in the last quarter

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. HAL’s latest balance sheet shows that the firm has $3.04B in Cash & Short Term Investments as of fiscal 2021. There were $10.21B in debt and $4.31B in liabilities at the time. Its Book Value Per Share was $10.89, while its Total Shareholder’s Equity was $6.73B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HAL is Buy with a score of 4.84.