Is Halliburton stock undervalued?

Is Halliburton stock a good buy right now?

Halliburton has received a consensus rating of Buy.

Is Halliburton undervalued?

If we focus on the stock's long-term PE trend, the current level Halliburton Company puts current PE ratio below its midpoint (which is 17.96) over the past five years. At the very least, this indicates that the stock is relatively undervalued right now, compared to its peers.13 Apr 2020

What is the target of HAL?

4th UP TARGET 1493.53 --------------- ------- 1st UP TARGET 1290.66 1st DOWN TARGET 1130.64 2nd DOWN TARGET 1074.57 3rd DOWN TARGET 1018.49

What is the future of Halliburton stock?

Stock Price Forecast The 28 analysts offering 12-month price forecasts for Halliburton Co have a median target of 32.00, with a high estimate of 38.00 and a low estimate of 17.00. The median estimate represents a +4.64% increase from the last price of 30.58.

Why is Halliburton stock increasing?

Halliburton's Digital Upside Energy stocks rallied as U.S. oil prices recovered 55% in 2021. Oil prices are now trading near their high levels in seven years. That means stock price gains are more likely to be tied to earnings increases or shareholder compensation.4 Jan 2022

When did Halliburton stock split?

Since 1980, Halliburton common stock has undergone three 2:1 stock splits with distribution dates on December 1, 1980, , and .

Is Halliburton stock worth buying?

Halliburton Company - Hold Valuation metrics show that Halliburton Company may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of HAL, demonstrate its potential to outperform the market. It currently has a Growth Score of C.

Will Halliburton recover?

Halliburton seems to be in the early stages of a multi-year recovery. While the stock has nearly doubled in the last 12 months, it can still offer an additional 30% return over the next two years. Nevertheless, due to the cyclical nature of this company, this is not a buy-and-hold-forever stock.1 Oct 2021

Who owns the most Halliburton stock?

Stockholder Stake Shares owned ------------------------------------ ------ ------------ The Vanguard Group, Inc. 10.84% 97,021,645 Capital Research & Management Co. 6.78% 60,699,922 SSgA Funds Management, Inc. 6.38% 57,086,614 BlackRock Fund Advisors 4.67% 41,807,633

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