Halliburton (HAL) Scheduled to Post Quarterly Earnings on Tuesday
Halliburton (NYSE:HAL) is scheduled to be posting its quarterly earnings results on Tuesday, January 21st. Persons that wish to register for the company’s earnings conference call can do so using this link.
Halliburton (NYSE:HAL) opened at 50.66 on Monday. Halliburton has a 52-week low of $36.77 and a 52-week high of $56.52. The stock’s 50-day moving average is $50.35 and its 200-day moving average is $49.39. The company has a market cap of $42.971 billion and a P/E ratio of 23.41.
A number of analysts have recently weighed in on HAL shares. Analysts at Goldman Sachs Group Inc. reiterated a “positive” rating on shares of Halliburton in a research note to investors on Thursday. On a related note, analysts at Zacks reiterated a “neutral” rating on shares of Halliburton in a research note to investors on Thursday. They now have a $53.00 price target on the stock. Finally, analysts at Socgen reiterated a “buy” rating on shares of Halliburton in a research note to investors on Thursday. They now have a $58.00 price target on the stock, down previously from $62.00. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, twenty-four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $61.12.
In other Halliburton news, EVP Lawrence J. Pope sold 3,000 shares of the stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $50.44, for a total transaction of $151,320.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
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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