Halliburton(US:HAL) ZACKS·2024-12-12 00:16Company Performance - Halliburton's stock closed at $29.20, reflecting a +0.45% change from the previous trading day, underperforming the S&P 500 which gained 0.82% [1] - Over the past month, Halliburton shares have depreciated by 3.71%, compared to the Oils-Energy sector's loss of 2.1% and the S&P 500's gain of 0.8% [2] Earnings Estimates - Halliburton is expected to report earnings on January 22, 2025, with an EPS of $0.70, down 18.6% from the prior-year quarter, and revenue of $5.65 billion, down 1.47% from the prior-year quarter [3] - For the full year, earnings are projected at $3 per share and revenue at $22.99 billion, reflecting changes of -4.15% and -0.12% respectively from the previous year [4] Analyst Sentiment - Recent changes to analyst estimates for Halliburton indicate short-term business trends, with positive revisions suggesting analyst optimism regarding the company's profitability [4] - The Zacks Consensus EPS estimate has decreased by 1.74% over the last 30 days, and Halliburton currently holds a Zacks Rank of 4 (Sell) [6] Valuation Metrics - Halliburton has a Forward P/E ratio of 9.7, which is below the industry average of 19.12, indicating it is trading at a discount [7] - The company has a PEG ratio of 3.59, compared to the industry average of 1.17, suggesting a higher expected earnings growth trajectory relative to its peers [8] Industry Context - The Oil and Gas - Field Services industry, which includes Halliburton, holds a Zacks Industry Rank of 78, placing it in the top 32% of over 250 industries [8] - The strength of individual industry groups is measured by the Zacks Industry Rank, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [9]