Is Halliburton a good stock to buy? (2024)

Is Halliburton a good stock to buy?

The Halliburton stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average.

Is Halliburton stock a good buy right now?

Halliburton Company's analyst rating consensus is a Strong Buy. This is based on the ratings of 15 Wall Streets Analysts.

Will Halliburton stock recover?

On average, Wall Street analysts predict that Halliburton Co's share price could reach $50.71 by Jan 24, 2025. The average Halliburton Co stock price prediction forecasts a potential upside of 46.95% from the current HAL share price of $34.51.

Why to invest in Halliburton?

HAL boasts an average earnings surprise of 5.1%. Halliburton is also cash rich. The company has generated cash flow growth of 2%, and is expected to report cash flow expansion of 55% in 2023. With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, HAL should be on investors' short lists.

What is the long-term forecast for Halliburton stock?

Halliburton stock price stood at $34.06

According to the latest long-term forecast, Halliburton price will hit $35 by the middle of 2024 and then $45 by the end of 2025.

What is the long term target of HAL?

View 8 reports from 4 analysts offering long term price targets for Hindustan Aeronautics Ltd.. Hindustan Aeronautics Ltd. has an average target of 2266.00. The consensus estimate represents a downside of -21.84% from the last price of 2899.0000. Reco - This broker has downgraded this stock from it's previous report.

Who owns the most Halliburton stock?

Largest shareholders include Capital World Investors, Vanguard Group Inc, BlackRock Inc., State Street Corp, ABALX - AMERICAN BALANCED FUND Class A, Price T Rowe Associates Inc /md/, AWSHX - WASHINGTON MUTUAL INVESTORS FUND Class A, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, XLE - The Energy Select ...

What was the scandal with Halliburton?

In the early 1990s, Halliburton was found to be in violation of federal trade barriers in Iraq and Libya, having sold these countries dual-use oil drilling equipment and, through its former subsidiary, Halliburton Logging Services, sending six pulse neutron generators to Libya.

Should I buy HAL shares now?

Hindustan Aeronautics has TTM P/E ratio 21.36 as compared to the sector P/E of 33.36. There are 8 analysts who have initiated coverage on Hindustan Aeronautics. There are 3 analysts who have given it a strong buy rating & 6 analysts have given it a buy rating. 1 analysts have given the stock a sell rating.

What is the future prediction of HAL?

HAL's Share price target prediction for tomorrow using Fibonacci levels
LevelsHAL Upside Target for tomorrowHAL Downside Target for tomorrow
Target 1₹ 2968.71₹ 2883.83
Target 2₹ 2994.93₹ 2857.61
Target 3₹ 3037.37₹ 2815.17

Is HAL a good buy for long term?

HAL Stock Returns

Notably, the defence PSU stock was also among the top picks in Samvat 2080 by several brokerages and why not. HAL stock has risen by 48.94 per cent in the last 6 months while delivered 76 per cent returns in 2023 so far, according to BSE Analytics.

Why is Halliburton stock falling?

Halliburton HAL -1.9% generated significant returns in 2022 but the company's stock has dropped since the peak in January 2023. This is because oil and natural gas prices have been dropping steadily since the start of 2023.

What is Halliburton famous for?

Present: Halliburton is one of the world's largest providers of products, services, and integrated solutions for oil and gas exploration, development, and production.

How often does Halliburton pay dividends?

Halliburton Company ( HAL ) pays dividends on a quarterly basis.

How many times has Halliburton stock split?

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.

Is Halliburton a dividend stock?

Halliburton Looks Like A Great Dividend Stock

The company is easily earning enough to cover its dividend payments and it is great to see that these earnings are being translated into cash flow. All in all, this checks a lot of the boxes we look for when choosing an income stock.

Is HAL a buy hold or sell?

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. What was the 52-week low for Halliburton stock? The low in the last 52 weeks of Halliburton stock was 27.84.

What will HAL stock price be in 2024?

Hindustan Aeronautics stock price went up today, 13 Feb 2024, by 2.75 %. The stock closed at 2844.6 per share. The stock is currently trading at 2922.75 per share. Investors should monitor Hindustan Aeronautics stock price closely in the coming days and weeks to see how it reacts to the news.

What is the share price prediction for HAL in 2025?

Key Takeaways from Forecasted Price for HAL from 2024 to 2030
YearInitial TargetYear-End Target
2025₹3984.28₹3960.83
2026₹4282.48₹4256.56
2027₹4595.52₹4569.99
2028₹4924.78₹4900.83
3 more rows

Who is bigger Halliburton vs Schlumberger?

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.

Where does Halliburton rank?

Our annual ranking of America's largest corporations
RankCompany500 rank
1Halliburton118
2Baker Hughes141
3National Oilwell Varco184

Who competes with Halliburton?

Halliburton's competitors and similar companies include Weatherford, DMC Global, Nabors, NexTier Oilfield Solutions, Borets, Arctic Slope Regional, Baker Hughes and SLB.

What was the old name of Halliburton?

In 1959 HOWCO acquired Otis Engineering, another company active in oil-field equipment and services. The following year HOWCO shortened its name to Halliburton Co. to reflect the expanded scope of its operations. The company moved its headquarters from Oklahoma to Dallas in 1961.

What is the so called Halliburton loophole?

The so-called Halliburton Loophole, named after the oil and gas services company once headed by former Vice President Dick Cheney, means that the industry can use fracking fluid containing chemicals linked to negative health effects including kidney and liver disease, fertility impairment and reduced sperm counts ...

How much money is Halliburton worth?

Market cap: $30.70 Billion

As of February 2024 Halliburton has a market cap of $30.70 Billion. This makes Halliburton the world's 594th most valuable company by market cap according to our data.

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