Will Halliburton stock recover? (2024)

Will Halliburton stock recover?

HAL Stock 12 Months Forecast

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.

What is the outlook for Halliburton stock?

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 45.98% from the current HAL share price of $34.74.

What is Halliburton stock price prediction for 2024?

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.

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.

Who owns the most Halliburton stock?

Capital Research & Management Co.

Is HAL a good buy for long term?

HAL share price history

The PSU defence stock has risen from around ₹1,270 to ₹2,178 per share levels in YTD time, delivering over 70 per cent return to its long term positional investors.

What is the highest Halliburton stock has been?

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 24.2% above the current share price. The Halliburton 52-week low stock price is 27.84, which is 21.2% below the current share price.

Why invest in Haliburton?

Halliburton Company's trailing 12-month revenue is $23.0 billion with a 11.5% profit margin. Year-over-year quarterly sales growth most recently was 2.8%. Analysts expect adjusted earnings to reach $3.412 per share for the current fiscal year. Halliburton Company currently has a 2.0% dividend yield.

What is the price target of HAL in 2025?

HAL NSE's Share Price Target by 2025 is between Rs 4395 and Rs 3300. What is the HAL Share Price Target in 2026? HAL NSE's Share Price Target for the year 2026 is between Rs 4754 and Rs 4290.

Is HAL a good investment?

According to analyst recommendations, Hindustan Aeronautics Ltd has a “Buy” rating for the long term.

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 HAL a buy hold or sell?

Halliburton has received a consensus rating of Buy.

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.

Is HAL in debt?

Hindustan Aeronautics has a total shareholder equity of ₹251.6B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹718.5B and ₹467.0B respectively.

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.

What is the Halliburton controversy?

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.

Does BlackRock own Halliburton?

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.

Is HAL going to split?

The Board of Hindustan Aeronautics Ltd (HAL) on Tuesday approved to split shares in the proportion of 1:2.

What is the target price of HAL in 2024?

Key Takeaways from Forecasted Price for HAL from 2024 to 2030
YearInitial TargetYear-End Target
2024₹2980.47₹3748.43
2025₹3984.28₹3960.83
2026₹4282.48₹4256.56
2027₹4595.52₹4569.99
3 more rows

Is HAL overvalued or not?

The intrinsic value of one HAL stock under the Base Case scenario is 1 210.42 INR. Compared to the current market price of 2 972.45 INR, Hindustan Aeronautics Ltd is Overvalued by 59%.

Is Schlumberger better than Halliburton?

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.

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 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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