Halliburton Company (NYSE:HAL) registered a 0.26% increase, still its new closing price is 111.81% up from the company’s 1 year high of 58.78.It posted 3.12% gains in previous 5 sessions and is now the subject of 2 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 1 sells versus 19 buy or better ratings. The 43 stock analysts following this company have an average price target at $63.42, with individual PT in the $38.00-$73.00 range. The shares moved at $58.21, implying that brokerage firms see shares gaining about 94.49% in twelve months time.
Halliburton Company (HAL) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 7.62% rise year to date. A Senior Vice Pres – Tax at Halliburton Company (HAL) offloaded shares in a transaction closed on Thursday January 26, 2017. Jones Myrtle L sold 874 shares in the company at $58.04 each and collected $50,001 in proceeds. Jones Myrtle L now owns 19,810 shares in the company after this transaction. A EVP, Global Business Lines in the company, Carre Eric, disclosed a transaction on Tuesday January 10, 2017 that ended up generating $478,000 from the sale of 8,529 shares at $56.05 per share.
Halliburton Company (NYSE:HAL) Upcoming Results on Tap
Halliburton Company will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.13 in that period. Sales during the quarter are predicted to arrive at $4.23 billion.
Earnings surprise history: Last quarter, the company posted approximately $4.02 billion in revenue and EPS of $0.04. The mean forecast was for $4.09 billion and $0.02 a share, respectively. One quarter earlier, revenue for the stock was at $3.83 billion, with earnings at $0.01/share.
Halliburton Company (HAL) Brokerage Update
Halliburton Company (HAL) is in Societe Generale’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Hold by Societe Generale, according to news reported on Monday October 03, 2016.Another important research note was issued by Societe Generale on Tuesday July 19, 2016.The firm downgraded HAL to Hold from Buy. Over the last six months and over the last three months, the shares of Halliburton Company (HAL), have changed 37.13% and 22.65%, respectively.