Why should I invest in HAL? (2024)

Why should I invest in HAL?

Halliburton Company - Hold

Should you invest in HAL?

Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. Hindustan Aeronautics' earnings growth are expected to be in the teens in the upcoming years, indicating a solid future ahead.

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.

What is the future of HAL stock?

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HAL's forecast earnings growth (9.6% per year) is above the savings rate (6.7%). Earnings vs Market: HAL's earnings (9.6% per year) are forecast to grow slower than the Indian market (17.9% per year).

Is HAL stock a buy 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.

Is HAL a good long term investment?

HAL is a #3 (Hold) on the Zacks Rank, with a VGM Score of B. It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 10.02; value investors should take notice. Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2023.

Is HAL a good stock for long term?

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 ...

Will HAL stock go up?

Tomorrow's movement Prediction of Hindustan Aeronautics Ltd HAL appears to be in uptrend. And this trend seems to be continuing further. Price is above an important level of 3055.02 on charts, and as long as price remains above this level, the uptrend of stock might continue.

Who owns the most Halliburton stock?

How often does Halliburton pay dividends?

Halliburton Company ( HAL ) pays dividends on a quarterly basis. The next dividend payment is planned on March 27, 2024 .

What is the long term target of HAL?

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.

What is the target of HAL in 2024?

In the first quarter of 2024, the bullish sentiment of the market will likely stay the same with some consolidation in the beginning few months. As per technical data, the minimum share price target in 2024 for HAL is expected to be ₹2980.47 and the maximum price target for 2024 will be ₹3748.43.

Is HAL debt free?

Company is virtually debt free. Company has a healthy Interest coverage ratio of 101.90. The Company has been maintaining an effective average operating margins of 23.14% in the last 5 years. The company has a good cash flow management; CFO/PAT stands at 1.45.

Will Halliburton stock recover?

Future price of the stock is predicted at 59.737732154421$ (70.85% ) after a year according to our prediction system. This means that if you invested $100 now, your current investment may be worth 170.85$ on 2025 February 28, Friday.

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.

Is HAL in debt?

Hindustan Aeronautics has a total shareholder equity of ₹251.6B and total debt of ₹10.9M, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹718.5B and ₹467.0B respectively. Hindustan Aeronautics's EBIT is ₹50.8B making its interest coverage ratio -3.5.

Is HAL going to split?

In addition to the stock split, the company will pay a final dividend of Rs 15 to shareholders for the fiscal year 2022-23. The company has set September 29 as the record date for determining shareholder eligibility for the proposed share split.

What is the future prospect of HAL?

Strong Order Book and Future Prospects:

HAL's financial strength is further fortified by a robust order book, amounting to ₹ 82,000 crore as of March 31, 2023. This substantial order backlog augments revenue visibility over the medium to long term and underscores the company's competitive and strategic prowess.

How often does HAL pay dividends?

Regular payouts for HAL are paid quarterly.

Why is HAL rising?

The rally in HAL shares today comes after UBS initiated coverage on the stock with a 'Buy' rating as it believes the company is a credible defence compounder in the making. The foreign brokerage has a target price of ₹3,600 per share on HAL, implying an upside of 23.88% from Thursday's closing price.

What is the price target of HAL in 2025?

What is the fair value of HAL stock?

As of 2024-02-26, the Fair Value of Hindustan Aeronautics Ltd (HAL. NS) is 2,251.3 INR. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 3,049.75 INR, the upside of Hindustan Aeronautics Ltd is -26.2%.

Is HAL bullish or bearish?

Hindustan Aeronautics Ltd is currently in a Bullish trading position according to technical analysis indicators.

Who is the owner of HAL?

Hindustan Aeronautics Ltd (HAL) is an aerospace and defense company, owned by the government of India. The company develops, designs, manufactures, and supplies aircraft, helicopters, avionics, and communications equipment for military and civil markets.

What happened with Hindustan Aeronautics Limited?

Hindustan Aeronautics (HAL) on Thursday signed a memorandum of understanding (MoU) with GE Aerospace, a subsidiary of General Electric, for fighter jet engines. The news was first reported by Zee Business. The deal was signed amid a historic summit between Prime Minister Narendra Modi and US President Joe Biden.