Highlights:
- Halliburton (HAL, Financial) is poised for its Q1 earnings release on April 22nd, with anticipated EPS at $0.60.
- Analysts set an average one-year price target of $32.61, implying a 49.89% potential upside.
- GuruFocus estimates a GF Value of $38.34, suggesting a 76.24% upside from the current price.
Halliburton Co. (HAL) is gearing up for a significant financial event, as it announces its first-quarter earnings report on April 22nd before the market commences trading. With market analysts projecting an earnings per share (EPS) of $0.60, this represents a notable 21.1% decrease compared to the previous year. The expected revenue stands at $5.28 billion, indicating a 9% decline. Historically, Halliburton has surpassed EPS expectations 75% of the time over the past two years, while only surpassing revenue projections 25% of the time.
Wall Street Analysts' Forecast
Current insights from 25 analysts reveal a consolidated one-year price target for Halliburton Co. (HAL, Financial) at an average of $32.61. This range includes a high estimate of $50.00 and a low of $23.00. The average target suggests a considerable upside of 49.89% from the recent price point of $21.76. For more expansive data, consult the Halliburton Co (HAL) Forecast page.
Brokerage firms collectively offer a consensus recommendation rating of 2.1 for Halliburton Co. (HAL, Financial), categorizing it as an "Outperform." The recommendation scale runs from 1, indicating a Strong Buy, to 5, indicating a Sell stance.
According to GuruFocus' proprietary metrics, Halliburton Co. (HAL, Financial) possesses an estimated GF Value of $38.34 in the upcoming year. This estimate forecasts a substantial upside potential of 76.24% from the current trading figure of $21.755. The GF Value represents GuruFocus' calculation of the stock's fair trading value, incorporating historical trading multiples, past business growth, and future business performance projections. For further details, visit the Halliburton Co (HAL) Summary page.
