Is Halliburton stock a good buy right now? (2024)

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.

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Is Halliburton a good stock to buy now?

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.

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Is HAL a good buy for long term?

Is Hindustan Aeronautics Ltd a good quality company? Past 10 year's financial track record analysis by Moneyworks4me indicates that Hindustan Aeronautics Ltd is a good quality company.

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What is the future outlook for Halliburton?

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. Halliburton will rise to $50 within the year of 2026, $55 in 2027, $65 in 2028, $70 in 2029, $75 in 2030, $80 in 2031, $85 in 2033, $90 in 2034 and $95 in 2035.

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What is the future of HAL stock?

Future Growth

Hindustan Aeronautics is forecast to grow earnings and revenue by 9.6% and 13.2% per annum respectively. EPS is expected to grow by 10% per annum. Return on equity is forecast to be 24% in 3 years.

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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.

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Who owns the most Halliburton stock?

Capital World Investors

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How high will Halliburton stock go?

The average price target for Halliburton Company is $47.33. This is based on 15 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $54.00 ,the lowest forecast is $43.00. The average price target represents 38.39% Increase from the current price of $34.2.

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Should I buy HAL shares or sell?

Hindustan Aeronautics has TTM P/E ratio 30.52 as compared to the sector P/E of 32.10. 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.

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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.

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Is Halliburton better than Schlumberger?

They are the industry leaders. 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.

Is Halliburton stock a good buy right now? (2024)
Will HAL stock go up?

HAL Share price target for tomorrow using SMA

As per 20 SMA, the target for HAL for tomorrow will be ₹ 2929.45. On the higher side, the 50 MA price target will be ₹ 2922.78. Simple moving average works as a price magnet. If HAL trades below it, we can expect that share to retrace upto that level and reverse from there.

Is HAL a good share to buy?

On the top analysts' 'buy' list are stocks such as Bank of Baroda (BoB), NMDC, Aditya Birla Fashion and Retail Ltd (ABFRL), Hindustan Aeronautics Ltd (HAL), Can Fin Homes and MRF.

Is HAL bullish or bearish?

As far as the 50-SMA Classic Moving Average is concerned, Hindustan Aeronautics share price is currently Bullish while the 50-EMA Exponential Moving Average indicates that the stock price is Bullish.

What is the price target of HAL in 2025?

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.

What was the scandal with Halliburton?

In 2015, Halliburton was found guilty in court for illegal retaliation against a whistleblower who filed a report with the SEC over concerns that the company was illegally concealing billions of dollars.

Who owns Halliburton now?

Halliburton is one of the world's largest providers of products and services for the ever-evolving needs of the energy industry that has faced some controversy over the years. Of their many institutional investors, Capital Investors Inc. and The Vanguard Group own the majority of shares in the company.

Is HAL stock undervalued?

The Relative Value of HAL stock (1 320.32 INR) is 57% less than its price (3078.8 INR). HAL has downside potential of 15% compared to the average analyst price target.

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 many trucks does Halliburton own?

Halliburton Co.

uses a fleet of 5,677 tractors, 2,793 trucks, and 11,136 trailers to do $15.3 billion in annual sales.

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.

How often does Halliburton pay dividends?

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

Is Halliburton a dividend stock?

How much is Halliburton Company's dividend? HAL pays a dividend of $0.17 per share. HAL's annual dividend yield is 1.81%.

Who did Halliburton buy?

The contract governing Halliburton's cash-and-stock acquisition of Baker Hughes, which was valued at $34.6 billion when it was announced in November 2014, and is now worth about $28 billion, expired on Saturday without an agreement by the companies to extend it, Reuters reported earlier on Sunday, citing a person ...

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