Halliburton VP Evelyn Angelle Sells 1,673 Shares (HAL)
Halliburton (NYSE:HAL) VP Evelyn Angelle unloaded 1,673 shares of the stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $49.59, for a total value of $82,964.07. Following the transaction, the vice president now directly owns 41,273 shares of the company’s stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
A number of research firms have recently commented on HAL. Analysts at Macquarie downgraded shares of Halliburton (NYSE:HAL) from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday. They now have a $54.00 price target on the stock, up previously from $51.00. Separately, analysts at TheStreet reiterated a “buy” rating on shares of Halliburton (NYSE:HAL) in a research note to investors on Monday. Finally, analysts at Wells Fargo & Co. downgraded shares of Halliburton (NYSE:HAL) from an “outperform” rating to a “market perform” rating in a research note to investors on Monday.
Two analysts have rated the stock with a sell rating, six have assigned a hold rating, twenty have given a buy rating and two have issued a strong buy rating to the stock. Halliburton presently has an average rating of “Buy” and a consensus target price of $56.05.
Shares of Halliburton (NYSE:HAL) traded up 1.00% during mid-day trading on Friday, hitting $49.69. The stock had a trading volume of 6,619,083 shares. Halliburton has a one year low of $29.83 and a one year high of $50.50. The stock has a 50-day moving average of $47.51 and a 200-day moving average of $43.37. The company has a market cap of $45.396 billion and a P/E ratio of 24.08.
Halliburton (NYSE:HAL) last posted its quarterly earnings results on Monday, July 22nd. The company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.01. The company had revenue of $7.32 billion for the quarter, compared to the consensus estimate of $7.29 billion. During the same quarter in the previous year, the company posted $0.82 earnings per share. The company’s revenue for the quarter was up 1.1% on a year-over-year basis. Analysts expect that Halliburton will post $3.23 EPS for the current fiscal year.
Halliburton Company is an oilfield services company. The Company is provider of services and products to the energy industry related to the exploration, development, and production of oil and natural gas.
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