Deep Dive Into Schlumberger Stock: Analyst Perspectives (8 Ratings)

In the latest quarter, 8 analysts provided ratings for Schlumberger SLB, showcasing a mix of bullish and bearish perspectives.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $70.25, with a high estimate of $77.00 and a low estimate of $64.00. This current average is unchanged from the previous average price target.

Analyzing Analyst Ratings: A Detailed Breakdown

The analysis of recent analyst actions sheds light on the perception of Schlumberger by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Schlumberger. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Schlumberger compared to the broader market.
• Price Targets: Analysts predict movements in price targets, offering estimates for Schlumberger's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Schlumberger's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Schlumberger analyst ratings.

Get to Know Schlumberger Better

SLB is the largest oilfield service firm in the world, with expertise in myriad disciplines, including reservoir performance, well construction, production enhancement, and more recently, digital solutions. It maintains a reputation as one of the industry's leading innovators, which has earned it dominant share in numerous end markets.

Schlumberger: Delving into Financials

Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.

Revenue Growth: Over the 3 months period, Schlumberger showcased positive performance, achieving a revenue growth rate of 14.12% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Energy sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 12.37%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Schlumberger's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 5.62%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): Schlumberger's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.37%, the company showcases efficient use of assets and strong financial health.

Debt Management: Schlumberger's debt-to-equity ratio is below the industry average. With a ratio of 0.59, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

Analyst Ratings: What Are They?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.