How high will Halliburton stock go?
Average Price Target
According to our current HAL stock forecast, the value of Halliburton shares will rise by 5.64% and reach $ 37.05 per share by March 6, 2024. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 39 (Fear).
Halliburton stock has received a consensus rating of buy. The average rating score is and is based on 52 buy ratings, 7 hold ratings, and 0 sell ratings.
On average, Wall Street analysts predict that Halliburton Co's share price could reach $50.50 by Feb 13, 2025. The average Halliburton Co stock price prediction forecasts a potential upside of 44.66% from the current HAL share price of $34.91. What is HAL's forecast return on equity (ROE) for 2024-2026?
The all-time high Halliburton stock closing price was 62.96 on July 23, 2014. The Halliburton 52-week high stock price is 43.85, which is 23% above the current share price. The Halliburton 52-week low stock price is 27.84, which is 21.9% below the current share price.
Holder | Shares | Date Reported |
---|---|---|
Capital World Investors | 121,551,234 | Dec 30, 2023 |
Vanguard Group Inc | 97,655,365 | Dec 30, 2023 |
Blackrock Inc. | 71,870,383 | Dec 30, 2023 |
State Street Corporation | 55,082,867 | Dec 30, 2023 |
Summary of HAL Share Price Forecast for 2025
The initial price target for Hindustan Aeronautics Ltd in 2025 is projected to be ₹3984.28. With favorable market conditions, the mid-year price target for Hindustan Aeronautics Ltd could reach ₹3960.09.
View 7 reports from 4 analysts offering long term price targets for Hindustan Aeronautics Ltd.. Hindustan Aeronautics Ltd. has an average target of 2787.00. The consensus estimate represents a downside of -11.72% from the last price of 3157.1500.
Schlumberger generated 28.4% more revenue than Halliburton in the third quarter of 2022. As we can see, Halliburton generated $2.635 billion in revenue from North America, or 49.2% of its total revenue in 3Q22, versus 20.6% for Schlumberger.
Halliburton's brand is ranked #685 in the list of Global Top 1000 Brands, as rated by customers of Halliburton. Their current market cap is $19.23B. Schlumberger's brand is ranked #603 in the list of Global Top 1000 Brands, as rated by customers of Schlumberger. Their current valuation is $2.86B.
Why to invest in Halliburton?
The company operates in over 80 countries. Founded in 1919, Halliburton employs more than 40,000 people and operates under two main segments: Completion and Production, and Drilling and Evaluation. HAL boasts a Value Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating.
As of 2024-02-26, the Fair Value of Halliburton Co (HAL) is 14.82 USD. This value is based on the Peter Lynch's Fair Value formula.
Halliburton Company ( HAL ) pays dividends on a quarterly basis. The next dividend payment is planned on March 27, 2024 .
The other notable difference is that Schlumberger has a much larger revenue worldwide. SLB revenues were over 40% bigger than HAL. Schlumberger generated 41% more revenue than Halliburton in the fourth quarter of 2022.
On November 17, 2014, Halliburton and Baker Hughes jointly announced a definitive agreement under which Halliburton will, subject to the conditions set forth in the agreement, acquire Baker Hughes in a stock and cash transaction valued at $34.6 billion.
Halliburton Co.
uses a fleet of 5,677 tractors, 2,793 trucks, and 11,136 trailers to do $15.3 billion in annual sales.
Halliburton's competitors and similar companies include Weatherford, DMC Global, Nabors, NexTier Oilfield Solutions, Borets, Arctic Slope Regional, Baker Hughes and SLB.
ownership in HAL / Halliburton Company. 2024-01-25 - BlackRock Inc. has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 71,869,681 shares of Halliburton Company (US:HAL). This represents 8.0 percent ownership of the company.
Halliburton stock (symbol: HAL) underwent a total of 5 stock splits. The most recent stock split occured on July 17th, 2006. One HAL share bought prior to April 30th, 1976 would equal to 25.183366386502 HAL shares today.
Year | Maximum Target | Minimum Target |
---|---|---|
2026 | Rs 4,754.12 | Rs 4,290.45 |
2028 | Rs 5,889.78 | Rs 5,092.11 |
2029 | Rs 6,302.45 | Rs 5,678.67 |
2030 | Rs 6,876.67 | Rs 6,145.00 |
What is the price target of HAL in 2024?
Year | HAL Target | YoY Change % |
---|---|---|
2024 | ₹2,977.96 | -3.44% |
2025 | ₹3,568.14 | 19.81% |
2026 | ₹3,677.08 | 3.05% |
2027 | ₹4,066.06 | 10.57% |
Year | Share Price Target 1 | Share Price Target 2 |
---|---|---|
2030 | ₹9,612.97 | ₹10,740.33 |
2031 | ₹10,533.24 | ₹11,797.12 |
2032 | ₹11,435.00 | ₹12,856.82 |
2035 | ₹14,177.81 | ₹16,029.21 |
There are 8 analysts who have initiated coverage on Hindustan Aeronautics. There are 1 analysts who have given it a strong buy rating & 6 analysts have given it a buy rating. 0 analysts have given the stock a sell rating. The company posted a net profit of 1,261.40 Crores in its last quarter.
HAL has a proven track record of growth, having achieved a CAGR of 8% over FY 2018-23 and expanding its EBITDA margin from 18.7% in FY2018 to 24.7% in FY2023 and moving forward, the company is expected to maintain its growth trajectory with a projected CAGR of 13% over FY 2023-26F along with a healthy EBITDA margin of ...
Halliburton Company's analyst rating consensus is a Strong Buy.
References
- https://simplywall.st/stocks/in/capital-goods/nse-hal/hindustan-aeronautics-shares/health
- https://valueinvesting.io/HAL/valuation/fair-value
- https://markets.businessinsider.com/stocks/hal-stock
- https://seekingalpha.com/article/4570626-halliburton-versus-schlumberger-a-balance-sheet-review
- https://en.wikipedia.org/wiki/Halliburton
- https://www.comparably.com/competitors/halliburton-vs-schlumberger
- https://www.indmoney.com/stocks/hindustan-aeronautics-ltd-share-price
- https://www.globaldata.com/company-profile/hindustan-aeronautics-ltd/
- https://trendlyne.com/research-reports/stock/80502/HAL/hindustan-aeronautics-ltd/
- https://ticker.finology.in/company/HAL
- https://gov.capital/stock/hal-stock/
- https://www.indiapropertydekho.com/blogs/hal-share-price-target/760
- https://fintel.io/so/us/hal/blackrock
- https://www.livemint.com/market/market-stats/stocks-hindustan-aeronautics-share-price-nse-bse-s0003278
- https://www.dividend.com/stocks/energy/oil-gas-coal/oil-gas-services-equipment/hal-halliburton-company/
- https://stockpricearchive.com/share-price-target/hal/
- https://www.alphaspread.com/security/nse/hal/summary
- https://www.macrotrends.net/stocks/charts/HAL/halliburton/stock-price-history
- https://www.nasdaq.com/articles/why-halliburton-hal-is-a-top-value-stock-for-the-long-term-0
- https://companiesmarketcap.com/halliburton/stock-splits/
- https://dailybulls.in/hal-share-price-target-2024-to-2030/
- https://craft.co/halliburton/competitors
- https://finance.yahoo.com/news/why-halliburton-hal-top-value-144007097.html
- https://fincopanda.com/hal-share-price-target/
- https://finance.yahoo.com/quote/HAL/holders/
- https://www.californiatruckaccidentlawyers.net/20-private-companies-largest-trucking-fleets-u-s/
- https://coincodex.com/stock/HAL/price-prediction/'
- https://simplywall.st/stocks/in/capital-goods/nse-hal/hindustan-aeronautics-shares/news/what-is-hindustan-aeronautics-limiteds-nsehal-share-price-do
- https://www.indiainfoline.com/article/news-top-story/hal-gets-board-approval-for-stock-split-proposes-rs-dividend-1687859047130_1.html
- https://valueinvesting.io/HAL.NS/valuation/fair-value
- https://www.zeebiz.com/topics/hal
- https://m.economictimes.com/markets/stocks/news/momentum-pick-will-hal-shares-soar-to-new-highs-post-30-rally-in-9-sessions/articleshow/105810153.cms
- https://munafasutra.com/nse/tomorrow/HAL
- https://www.koyfin.com/company/hal/dividends/
- https://seekingalpha.com/article/4585250-halliburton-or-schlumberger-a-matter-of-priority-only
- https://simplywall.st/stocks/in/capital-goods/nse-hal/hindustan-aeronautics-shares/future
- https://www.livemint.com/market/stock-market-news/hindustan-aeronautics-share-price-jumps-over-4-to-a-record-high-market-cap-surpasses-rs-2-lakh-crore-for-first-time-11704427986420.html
- https://www.5paisa.com/blog/stock-in-action-hindustan-aeronautics-ltd
- https://www.wallstreetzen.com/stocks/us/nyse/hal/stock-forecast
- https://www.tipranks.com/stocks/hal/forecast