Expert Ratings For Halliburton

Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on Halliburton HAL in the last three months.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $48.2, a high estimate of $50.00, and a low estimate of $45.00. This current average reflects an increase of 2.55% from the previous average price target of $47.00.

Interpreting Analyst Ratings: A Closer Look

The perception of Halliburton by financial experts is analyzed through recent analyst actions. 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 Halliburton. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Halliburton compared to the broader market.
• Price Targets: Delving into movements, analysts provide estimates for the future value of Halliburton's stock. This analysis reveals shifts in analysts' expectations over time.

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

Stay up to date on Halliburton analyst ratings.

About Halliburton

Halliburton is one of the three largest oilfield service firms in the world, offering superior expertise in a number of business lines, including completion fluids, wireline services, cementing, and countless others. It's the largest pressure pumper in North America, and has been a leading innovator in hydraulic fracturing over the past two decades.

Halliburton: A Financial Overview

Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.

Revenue Growth: Over the 3 months period, Halliburton showcased positive performance, achieving a revenue growth rate of 2.81% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Energy sector.

Net Margin: Halliburton's net margin is impressive, surpassing industry averages. With a net margin of 11.52%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Halliburton's ROE excels beyond industry benchmarks, reaching 7.13%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Halliburton's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.69%, the company showcases efficient use of assets and strong financial health.

Debt Management: With a below-average debt-to-equity ratio of 0.94, Halliburton adopts a prudent financial strategy, indicating a balanced approach to debt management.

Analyst Ratings: What Are They?

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

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.